PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V10 2007 INDEX
E-SYLUM ARCHIVE
The E-Sylum: Volume 10, Number 29, July 22, 2007, Article 18 NEW LIBERTY DOLLAR FEATURES LONGSHOT PRESIDENTIAL CANDIDATE RON PAUL According to an article published by Congressional Quarterly, "He's still a long shot for the presidency, but Republican Rep. Ron Paul of Texas has leapfrogged into a distinction usually reserved for chief executives — and dead ones, at that: His visage now graces a coin. "To be sure, the disks were not struck by the U.S. Mint. They are, rather, a rival currency called the Liberty Dollar, which lately has been fighting a court battle over a mint consumer advisory not to use the dollar coins — which are designed for barter transactions — as legal tender. "Paul is a natural choice to grace the Liberty Dollar — as well as the steeper $20 silver and $1,000 gold editions of the currency — because he shares the Indiana company's preference for currency backed by precious metals. Paul's campaign spokesman Jesse Benton says his boss supportslegalized competition between Federal Reserve notes and other specie currency" by allowing people to pay for goods and services with gold or silver." To read the complete article, see: Full Story [Paul's spokesman notes that "however flattering the homage may be, Paul isn't endorsing the use of Paul dollars." The campaign wants donations in U.S.-backed funds. What happened to rendering unto Caesar? Gold, Silver and Copper versions are planned. A blog entry on the Paul web site pictures the silver version. One supporter plans to distribute copper versions as campaign promotion items in November: "They are inexpensive enough to distribute in small quantities as handouts to potential voters. Many paper handouts (for any candidate) are likely to go (probably unread) into the nearest wastebasket. But few, if any, copper coins are going to get thrown away. People just can't bring themselves to do it. The deep-seated archetype of coins as money, even if those coins aren't "legal tender", is too powerful to allow it. A one dollar copper could potentially have a greater impact than a dollar's worth of paper." -Editor] To read the complete Ron Paul Liberty Dollar blog item, see: Full Story For ordering information, see: Order Info Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V10 2007 INDEX
E-SYLUM ARCHIVE