5382. MONEY, Foreign.—[further continued].
A bill has passed the Representatives
to suspend for three years the law
arresting the currency of foreign coins. The
Senate proposed an amendment, continuing the
currency of the foreign gold only. * * * The
object of opposing the bill is to make the
French crowns a subject of speculation (for
it seems they fell on the President's proclamation
to a dollar in most of the States). and
to force bank paper (for want of other medium )
through all the States generally.—
To James Madison. Washington ed. iv, 205.
Ford ed., vii, 189.
(Pa.,
1798)
