States were forbidden to emit bills of credit: paper money, in short.
各州被禁止发行信用证：简而言之，就是纸币。
| 单词 | Bills of Credit |
| 释义 |
Bills of Credit
原声例句
美国历史 States were forbidden to emit bills of credit: paper money, in short. 各州被禁止发行信用证：简而言之，就是纸币。 美国历史 The convention put an end to such practices by providing that no state should emit bills of credit or make anything but gold or silver legal tender in the payment of debts. 该公约通过规定任何州在偿还债务时不得发行信用证或制作除黄金或白银以外的任何法定货币，从而终止此类做法。 美国历史 Acting on this curious but appealing political economy, Congress issued in June, 1776, two million dollars in bills of credit to be redeemed by the states on the basis of their respective populations. ——根据这种奇怪但有吸引力的政治经济学，国会于 1776 年 6 月发行了 200 万美元的信用票据，由各州根据各自的人口赎回。 美国历史 Men of substance longed for some power that would forbid states to issue bills of credit, to make paper money legal tender in payment of debts, or to impair the obligation of contracts. 有实力的人渴望获得某种权力， 以禁止各州发行信用证， 禁止纸币成为法定货币来偿还债务，或削弱合同义务。
英语百科
Bill of credit（重定向自Bills of Credit）
Bill of credit is a phrase from Article One, Section 10, Clause One of the United States Constitution. It refers to a document, similar to a banknote, that is issued by a government representing its indebtedness to the holder and typically designed to circulate as money. Legal writers—as opposed to economic historians—incorrectly assume that the constitutional phrase "Bills of Credit" was simply a synonym for paper money, but it only refers to one, though very important, type of paper currency. The Constitution explicitly prohibits the states from issuing bills of credit and coining money. States are only permitted to make gold and silver legal tender. |
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