A history of Missouri and Missourians; a text book for "class A" elementary grade, freshman high school, and junior high school .. . ese certificates, likemoney, were of different amounts ranging from 12^^ cents to$10. The State accepted them in payment of taxes and soonthey circulated like money. Farmers could borrow these cer-tificates up to $1,000 by giving a note or mortgage on theirproperty. All went went until some of the borrowers refusedto pay their notes. The State tried to collect but the UnitedStates Supreme Court held that the certificates were uncon«stitutional and the notes could
A history of Missouri and Missourians; a text book for "class A" elementary grade, freshman high school, and junior high school .. . ese certificates, likemoney, were of different amounts ranging from 12^^ cents to$10. The State accepted them in payment of taxes and soonthey circulated like money. Farmers could borrow these cer-tificates up to $1,000 by giving a note or mortgage on theirproperty. All went went until some of the borrowers refusedto pay their notes. The State tried to collect but the UnitedStates Supreme Court held that the certificates were uncon«stitutional and the notes could not legally be collected. Theborrowers did not have to pay although morally they shoul have paid. The State could alshave refused to redeem the certificates, but Missouri did not. Sheredeemed the certificates dollar fordollar. Missouri has never refusedto pay her debts or keep her obli-gations. During Bates term the princi-pal law passed was to organizethe militia to protect the Stateagainst Indians. All men betweenthe ages of eighteen and forty-five years were required to bei-RKDERiCK HATES enrolled in the militia. In April. I Missouri Politics, 1820-1844 119
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Keywords: ., bookcentury1900, bookdecade1920, bookidhistoryofmis, bookyear1922
