Item #39796 SPEECH OF HON. L.E. PRATT ON SENATOR SMITH'S BILL, FOR THE REPEAL OF THE SPECIFIC CONTRACT LAW. DELIVERED IN THE CALIFORNIA STATE SENATE, FEB. 15, 1866. [REPORTED FOR THE AMERICAN FLAG.]. Leonidas E. Pratt.
SPEECH OF HON. L.E. PRATT ON SENATOR SMITH'S BILL, FOR THE REPEAL OF THE SPECIFIC CONTRACT LAW. DELIVERED IN THE CALIFORNIA STATE SENATE, FEB. 15, 1866. [REPORTED FOR THE AMERICAN FLAG.].
SPEECH OF HON. L.E. PRATT ON SENATOR SMITH'S BILL, FOR THE REPEAL OF THE SPECIFIC CONTRACT LAW. DELIVERED IN THE CALIFORNIA STATE SENATE, FEB. 15, 1866. [REPORTED FOR THE AMERICAN FLAG.].

SPEECH OF HON. L.E. PRATT ON SENATOR SMITH'S BILL, FOR THE REPEAL OF THE SPECIFIC CONTRACT LAW. DELIVERED IN THE CALIFORNIA STATE SENATE, FEB. 15, 1866. [REPORTED FOR THE AMERICAN FLAG.].

San Francisco: Printed at the American Flag Office, [1866]. 23, [1 blank] pp. Stitched. Each page printed in two columns. Very Good.

California's Specific Contract Law required that, when a contract specified the currency in which a debtor must pay a debt, the debtor was required to pay in the currency so specified. At this time, the United States recognized three types of currency: gold, silver, and United States notes. Thus, if a contract required payment to be made in gold coin, the debtor could not legally pay in a different currency, i.e., U.S. treasury notes or silver.
The Specific Contract Law had many enemies who sought to overturn it. Senator Pratt defends it in this speech.
Not in Cowan, Rocq, Drury. OCLC 58943039 [1- CA State Lib.], 19720730 [1- UC Berkeley] as of January 2024. Item #39796

Price: $350.00

See all items by