Republican (nationalist) President Abraham Lincoln, of the united States—without a constitutional amendment—signs the Indemnity Act, exempting the himself, the Cabinet, and the Army and Navy of the united States, from civil liability for any violations of the constitutional rights of State sovereign Citizens.
NOTE: The act did not receive a majority of YEA votes in the Senate. Nevertheless, Republican Senator Lafayette S. Foster, of Connecticut, the presiding officer, ruled it as having passed anyway.
[restored 4/4/2022]
Republican President Abraham Lincoln, of the united States—without a constitutional amendment—signs the Enrollment Act of 1863, requiring all immigrants between the ages of 20 and 45 who have applied for naturalization, and ALL State sovereign Citizens to register for military conscription (involuntary servitude).
NOTE: This act only applied to poor Citizens of European descent, as freedmen were not affected, and the rich could buy their way out by either hiring a substitute, or paying 300 Dollars to the u.S. Treasury.
[restored 4/4/2022]
Republican President Abraham Lincoln, of the united States, signs the Legal Tender Act of 1863, authorizing the Treasurer the u.S. to issue an additional 150,000,000 “dollars” in irredeemable fiat (Latin for “let it be done”) “Greenback” currency (Bills of Credit) and mandating their acceptance at par value with lawful Money (gold and silver Coin).
NOTES:
- Although “Greenbacks” were supposed to trade at par value with gold and silver coin (lawful Money), their acceptance rose and fell with the Union’s success on the battlefield, during the War of Federal Aggression. During the summer of 1864, when the Union’s prospects were most grim, the free-market exchange rate between legal and lawful Money was about three “Greenback” “dollar” notes for every gold or silver Dollar coin. As a result of the Legal Tender Acts, the money supply and prices more than doubled during the course of the war.
- Meanwhile, in the Confederacy inflation ran in excess of 200% per year. This was due to the fact that it had only 37,000,000 Dollars in lawful money, which had been seized from the united States Mint at New Orleans, Louisiana. The only alternative to the lack of tender was paper money. As the war’s fortunes worsened, inflation worsened as well. Due to more bills being printed, lack of confidence, and ever-smaller areas that were under Confederate control.
- Governments have always used legal tender laws to force their citizens to accept debased and devalued currency.
[updated 2/10/2024] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Suspension of Habeas Corpus, Congressional Globe, (March 3, 1863), 37th Congress, 3rd Session, 1489, 1491, 1493.
Thomas DiLorenzo, The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and an Unnecessary War, (Roseville, California: Prima, 2002), 43, 139-40.
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 174.
Jack Weatherford, The History of Money: From Sandstone to Cyberspace, (New York: Three Rivers Press, 1997), 171.
Ron Paul swoons “Gimme’ Gimme’ Three Steps to SOUND MONEY” before CONgress!!
www.freedomsphoenix.com/Find-Freedom.htm?At=0082960&From=News
The Hard Truth of Hard Money
www.thenewamerican.com/index.php/history/american/516
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html