The Supreme Court, of the corporate United states, decides Thompson v. Butler:
A coin dollar is worth no more for the purposes of tender in payment of an ordinary debt than a note dollar. The law has not made the note a standard of value any more than coin. It is true that in the market, as an article of merchandise, one is of greater value than the other; but as money, that is to say, as a medium of exchange, the law knows no difference between them.
[added 5/8/2022] Thanks to Bill Holmes for this entry.
Subsequent Events:
Authority:
Article I, Section 8 [Clause 5]
ccc-2point0.com/constitution-for-the-united-states
Article I, Section 10 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states
References:
Thompson v. Butler. 95 U.s. 694
supreme.justia.com/cases/federal/us/95/694/case.html
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