Click here to view a pdf copy of this documet : PDF Copy
The value imposed upon money, by public authority, is the only thing considered in payments, and not the metal of which it is made; at the same time, it is not at the time of contracting the debt that the value of the money is to be considered, but the time of payment; and, therefore, when the value of the coin is augmented or diminished, the profit or loss is the debtor's and not the creditor's.—See Appendix.
