10.07.2015 Views

6139008-History-of-Money

6139008-History-of-Money

6139008-History-of-Money

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Above, A typical Spanish Reale minted in Mexico in 1732; apre-Civil War United States <strong>of</strong> America Gold Dollar.Once upon a time, in these United States <strong>of</strong> America, weactually had REAL money, i.e., money which was, in and <strong>of</strong>itself, both a measure <strong>of</strong>, and a unit <strong>of</strong>, value. Gold, silver,and some other less precious metals, in the progress <strong>of</strong>civilization and commerce, have become the commonstandards <strong>of</strong> value; in order to avoid the delay andinconvenience <strong>of</strong> regulating their weight and qualitywhenever passed, the governments <strong>of</strong> the civilized Worldhave caused them to be manufactured in certain portions,and marked with a Stamp which attests their value; this is called money. 1 Inst. 207; 1 Hale's Hist. 188; 1 Pardess. n.22; Dom. Lois civ. liv. prel. t. 3, s. 2, n. 6. See Act <strong>of</strong> April 2, 1792, 1 Story's L. U. S. 229. Wouldn't you think that theNational Institute <strong>of</strong> Standards and Technology would have a physical THING called the Standard Dollar that they couldpoint to, pick up, show around, and say, "Yep, this is a Dollar."? OK; try to find it, I couldn't.Below, a typical United States <strong>of</strong> America Silver Dollar,1804;Title 31, United States Code Annotated (2004),section 5102: The standard troy pound <strong>of</strong> the NationalInstitute <strong>of</strong> Standards and Technology <strong>of</strong> the Department<strong>of</strong> Commerce shall be the standard used to ensure thatthe weight <strong>of</strong> United States coins conforms tospecifications in section 5112 <strong>of</strong> this title.31 U.S.C.A. (2004), section 5112, which reads (inpart):(a) The Secretary <strong>of</strong> the Treasury may mint and issue onlythe following coins:(1) a dollar coin that is 1.043 inches in diameter.(2) a half dollar coin that is 1.205 inches in diameter and weighs 11.34 grams.(3) a quarter dollar coin that is 0.955 inch in diameter and weights 5.67 grams.(4) a dime coin that is 0.705 inch in diameter and weighs 2.268 grams.(5) a 5-cent coin that is 0.835 inch in diameter and weighs 5 grams.(6) except as provided under subsection (c) <strong>of</strong> this section, a one-cent coin that is 0.75 inch in diameter and weighs 3.11grams.(7) A fifty dollar gold coin that is 32.7 millimeters in diameter, weighs 33.931 grams, and contains one troyounce <strong>of</strong> fine gold.A typical "Continental".(8) A twenty-five dollar gold coin that is 27.0 millimeters in diameter, weighs 16.966 grams, and contains one-half troyounce <strong>of</strong> fine gold.(9) A ten dollar gold coin that is 22.0 millimeters in diameter, weighs 8.483 grams, and contains one-fourth troy ounce <strong>of</strong>fine gold.(10) A five dollar gold coin that is 16.5 millimeters in diameter, weighs 3.393 grams, and contains one-tenth troy ounce <strong>of</strong>fine gold.(b). . .Did you notice that the dollar coin in 31 U.S.C.A. 5112(a)(1) is the only coin that has no weight attributed to it?At the beginning <strong>of</strong> our Nation, a Caveat Against Injustice Roger Sherman's Argument against State-issued Bills <strong>of</strong> Credit(1752)/ During The Revolutionary War, the Continental Congress authorized the printing <strong>of</strong> paper "money" called"Continentals", which depreciated in perceived value [inflated] so quickly and so badly that, soon, they were "not worth aContinental". The Bank <strong>of</strong> England 'helped' depreciate the Continental by infusing thousands <strong>of</strong> counterfeit Continentalsinto America. During the pre- and post-Revolutionary War periods, the Colonies and these United States <strong>of</strong> America choseto use Spanish and Mexican Reales [called "Pieces <strong>of</strong> Eight"] as a currency, partly because they did not yet have their owncoinage; because the Reale held its Value; because they had just gone through an unsuccessful experiment with paper"money" and its inflation; and because they definitely were NOT going to continue to use the English Pound (Sterling).After the States united under the Articles <strong>of</strong> Confederation created the United States <strong>of</strong> America under the Constitution <strong>of</strong>1791, they delegated to Congress the complementary powers to (1)establish the Value <strong>of</strong> a Dollar and (2) to mint andcirculate said Dollars. Congress, in The Coinage Act<strong>of</strong> 1792, established, by definition, a Dollar as acertain weight <strong>of</strong> silver, shaped into a coin["minted"], and placed into circulation; andauthorized the minting <strong>of</strong> the first United States <strong>of</strong>America silver Dollars, gold 'Eagles', and silver andcopper fractional coins.The Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 394

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!