>> There is a law against "uttering money". There is also the Civil >> War circuation tax with which Lincoln drove private money out of >> circulation.
On 1 Dec 2002, at 0:16, Vebjorn Ljosa wrote: > Could you please point me to books or web pages where I can read > more about these laws? As I recall I just looked them up in the US Code. Craig (SnowDog) wrote: >I don't think those laws exist anymore. I spent about 15 minutes >looking through the US Code -- Title 31 is the relevent section -- >and could not find any reference. http://www4.law.cornell.edu/uscode/ Perhaps. Altho they were still in the books 35 years ago and I don't know of any legislation that would have removed them in the intervening time. Thanks for the useful link to the code. A little looking shows that these items are still there. >TITLE 18 , PART I , CHAPTER 25 , Sec. 486. >Sec. 486. - Uttering coins of gold, silver or other metal >Whoever, except as authorized by law, makes or utters or passes, >or attempts to utter or pass, any coins of gold or silver or other >metal, or alloys of metals, intended for use as current money, >whether in the resemblance of coins of the United States or of >foreign countries, or of original design, shall be fined under >this title or imprisoned not more than five years, or both. On the circulation tax, David Hillary seems to have been closer to right than my poor memory. >TITLE 12 , CHAPTER 4 , SUBCHAPTER II , Sec. 541. >Sec. 541. - Tax on circulating notes generally >In lieu of all existing taxes, every association shall pay to >the Treasurer of the United States, in the months of January >and July, a duty of one-half of 1 per centum each half year >upon the average amount of its notes in circulation This may not be what I remembered. It derives from the National Banking act of 1864. >Sec. 38. - The National Bank Act >The Act entitled ''An Act to provide a national currency secured by >a pledge of United States bonds, and to provide for the circulation >and redemption thereof,'' approved June 3, 1864, shall be known as >''The National Bank Act.' It might be interesting to feret out the circulation tax in its orginal Civil War form. But I'm not going to do it! Best, CCS ------------------------------------------------------- - Virtual Phonecards - Instant Pin by Email - - Large Selection - Great Rates - - http://speedypin.com/phonecard/start.mhtml?af=743 - ------------------------------------------------------- *************************************************** * Craig Spencer * * [EMAIL PROTECTED] * *************************************************** --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
