JUDGE CLAYTON's REVIEW.
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0fthe Report ethe Committee q Ways and Means 10 whom rrrsd go aea % tze % s,,sss g s Presasn as

 in the House oebresentatpes of the United Stafes read and iaid on the table, April 13, 1880.

 NO. V.

 The above reasoning will equally apply to the two next clauses, 2d and 3d. But we have little more to say cn the 5th, to wit, the power 'sto coin money, regulate the va lue thereof, and of foreign coin, and fix the standard of weights and measures" And here we are almost constrained to smile, when we see the shifts to which false reasoning will resort in support of favorite measure. Who would have supposed that any extremity in the progress of fair and honest argument, could have driven the debater to the farcical idea, that Bank bills, nay, the promissory notes of an individual, (for bank bills are no- thing else,) can, by clubbing them with the title of 'currency," be made synonymous with stcoining of money and fixing the value thereof?" This position is absolutely taken in the Report, and lest we may distress the faith of cur readers, or subject our own truth to suspicion. we beg to submit the exact words of the committee.

 ssThe power to coin money and fix the va lue thereof" is expressly and exclusively vested in Congress. This grant was evident ly intended to invest Congress with the power of regulating the circulating medium. sCoin' W as regarded, at the period of framing the Constitution, as synonymous with curren- |cy;" as it was generally believed that bank notes could only be maintained in circulation by being the true representative of the pre- cious metals. The word 'sCoin," therefore, must be regarded as particular term, stand ing as the representative of general idea.- No principal of sound construction will justify rigid adherence to the letter, in opposition to the plain intention of the clause. If, for example, the gold bars of Ricardo should be substituted for cur present coins, by the gen. eral consent of the commercial world, could it be maintained that Congress would not have the power to make such money and fix its value, because it is not sscoined?" This would be sacrificing sense to sound, and sub stance to mere form. This clause of the Constitution is analogous to that which gives Ccngressthe power 'sto establish post roads. D Giving to the word 'sestahlish," itsrestricted interpretation, as being equivalent to s'fx'' or s'prescribe," can it be doubted that Con- gress has the power to establish a canal, or river, as post route as well as a read? Roads were the ordinary channels of conveyance, and the term was, therefore, used as synonymous with ssroutes," what ever might be the channel of transportation, and, in like manner, ''coin," being the ordi- nary and most known form of circulating