Theophilus Bradbury;s Hallmarks
Regarding the hallmarks of silversmith Theophilus Bradbury, Mike Packard writes:
I agree that the punches on the silver piece are slightly different from the punches Bradbury used on the silver pieces I've seen. However, that does not mean that Bradbury did not create the punches on the coin. They might have been early (or possibly late) efforts, I'd need to see many more pieces of Bradbury's silver to ensure he did not use more than one pair of punches. To my eye, the punches on his silver utensil are more refined than those on the coin.
To read the earlier E-Sylum article, see:
MORE ON THE HALLMARKS OF THEOPHILUS BRADBURY
Trillion-Dollar Coins Proposed
Len Augsburger writes:
Let me be the first of many to mention this for The E-Sylum.
We are having a debt-ceiling crisis because Congress has given the president contradictory commands; it has ordered the president to spend money, and it has forbidden him to borrow enough money to obey its orders.
Are there other ways for the president to raise money besides borrowing?
Sovereign governments such as the United States can print new money. However, there's a statutory limit to the amount of paper currency that can be in circulation at any one time.
Ironically, there's no similar limit on the amount of coinage. A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. So some commentators have suggested that the Treasury create two $1 trillion coins, deposit them in its account in the Federal Reserve and write checks on the proceeds.
To read the complete article, see:
3 ways Obama could bypass Congress
Len was indeed the first to report this. Thanks! David Klinger and Loren Gatch also chimed in.
Wayne Homren, Editor
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