Republican (nationalist) President Grant signs the Public Credit Act, committing the Department of the Treasury to redeem all debt obligations of the United states with gold Coin (lawful Money)—except the 356,000,000 “dollars” in irredeemable “Greenbacks” (Bills of Credit).
[added 3/5/2021]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 2]
ccc-2point0.com/constitution-for-the-united-states
“Law of the Jungle”
ccc-2point0.com/preface
References:
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 199.
Public Credit Act of 1869 – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Public_Credit_Act_of_1869
The Federal Reserve and you
endthefednc.wordpress.com/
U.S. Banking Timeline
www.libertyforlife.com/banking-currency-us-timeline.html
Current U.s. National Debt:
