Friday, April 8, 2011

The Coinage Act of 1792

The Coinage Act of 1792 is the enactment of the laws that support the United States Constitution. It has been amended and added to, but it is still the controlling legal law for our currency and coin. It was even the basis of a great part of the prosecution of von Nothaus. (aside: after reading the text of the jury verdict of von Nothaus's trail in Statesville, NC, I am no longer so certain that the Gov't was being tyrannical. Not sure they were right, but not certain) But that is not why I am writing this. I have discovered that § 19 of the Act authorizes the death penalty for government officials who debase the currency. Wouldn't that be a sensation! Just one trial of a Secretary of the Treasury. We would need to win, of course. But even if he were given clemency instead of actually killed, it would still put the fear of the Lord in the next Secretary.