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<p>[QUOTE=&quot;GDJMSP, post: 187937, member: 112&quot;]We could start quite a discussion on this, but I&#039;ll keep it short. In a book written by Don Taxay in 1966, <i>The U. S. Mint and Coinage</i>, he says they did demonitize silver in June of 1874. Breen also says the same thing in his encyclopedia written in 1988. However, their are other scholars and authors who dispute this and say both of them were wrong. They claim the wording of the laws was different and silver was not demonitized. So, it might be said it is a matter of interpretation.</p><p><br /></p><p>In both cases, the opposing sides use the wording of the laws to make their case. But what I have never seen anyone do is to resort to the minutes and records of the Congress in order to interpret the wording of these laws as to what they actually did mean to the people who wrote them. And not only them, but also to the people of the country at the time. By doing that, you might find out that it was intended for silver to be demonitized. All we need now is some records - <a href="http://www.archives.gov/legislative/guide/house/chapter-05.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.archives.gov/legislative/guide/house/chapter-05.html" rel="nofollow">Records of the Banking and Currency Committees </a></p><p><br /></p><p>You can read it all if you want, but I&#039;d just scroll down to section 5.46 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>By the way, the Trade dollar was demonitized. I think everybody agrees on that one.[/QUOTE]</p><p><br /></p>

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