State of Michigan. Supreme Court. Stephen Baldwin, Complainant And Appellee ...

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State of Michigan. Supreme Court. Stephen Baldwin, Complainant And Appellee ...
Fred a Fred Abbott Baker
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13, the 9 lien, v., St. 2, c. 6, and other acts settling the istandard of sterling, the King is not now restrained from altering it by increasing the alloy. But at this day it is the less necessary to consider the point, because the impolicy of the act is alone sufficient to prevent the attempt from be- ing made; unless the marketable and relative value of gold and silver should sensibly alter.'' Sir William Blackstone, 1 Com., 278, writing about 1758 said: "And of this sterling or esterling me...tal all the coin of the Kingdom must be made by statute 25 Edw. III., c.
13. So that the King's prerogative seemeth not to ex- tend to the debasing or enhancing the value of the coin below or above the sterling value (citing Coke), though Sir Mathew Hale (1 Hale'^ P. C, 194) appears to be of another opinion." Digitized by Google 63 In Cooley^s Editioii of Blackston^s Com. there i« the fol- lowing note: (Lord Hale refers to the ease of mixed money in Da vies' Reports, 48, in support of his opinion.


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