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The Problem of the Rupee, Its Origin and Its Solution

Note 273 — Chapter IV

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It was owing to this want of faith that Germany took away, by the law of October 1, 1907, the full legal-tender power from her silver thalers. In the United States the silver dollar is not legal tender if it is specifically excluded by the terms of a contract. Cf. A. C. Whitaker, Foreign Exchange, Appleton, New York, 1920, pp. 8 and 477.

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