No State shall emit bills of credit; no State shall make any thing but gold and silver coin a tender in payment of debts; no State shall pass any law impairing the obligation of contracts.
By the act of 1789, the revenues were directed to be collected in gold and silver coin only; and it was usually drawn out of the hands of collectors by drafts drawn upon them, payable at sight.
The first act of Congress attested this great fact; for it made the revenues payable in gold and silver coin only.
Money was a thing, and the only words in the constitution of that thing were, "gold and silver coin.
Appropriations made by congress were understood as appropriations of moneys in the treasury, and all warrants issued by the secretary of the treasury were understood to be warrants for the payment of gold and silver coin.
Revenue for the support of the government, under those regulations, was to be derived solely from duties of tonnage and import duties, and the express provision was that those duties should be collected in gold and silver coin.
But while this withdrawal of bank notes has been going on there has been a large increase in the amount of gold and silver coin in circulation and in the issues of gold and silver certificates.
The amount of gold and silver coin now in circulation in the country is larger than at any former period.
Gold and silver coin of the United States, and bullion.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "gold and silver coin" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
