en.m.wikipedia.org/wiki/Currency_Act
I can’t find a law repealing or clause superceeding it like I can for other acts.
I know states during the revolution and for a while printed their money, but I don’t know if they were just disregarding the law minus ruling against it or repealing it. I doubt they much cared for Parliament that much at the time and saw no issue, but we accepted all older laws unless otherwise rejected by Congress.
I know all debts by the states is ultimately owed by Congress as well, Congress has the power to tax, but so do state legislatures. Is the Currency Act still in force, can states print currency for both public and private debt, or just public as the Brits (dirty foreigners) tried to dictate to us?
Secondly, if it is in force, is it Congress that has to repeal, or can any state legislature repeal? After all, Congress didn’t exist back in the day till late in the colonial experience, and the difference between state vs federal government wasn’t as strong, later on, our first constitution gave strong state rights, stringer than now. Can individual states upchuck these laws, or does Congress have supremacy alone? I can’t find a congressional supremacy clause for rewriting parliamentary supremacy era laws.
Lastly, if all the above is accepted still in force, does it apply to all states? Not all states today started off as colonies. I think it was Vermont not in the original union (undecided territory), or maybe New Hampshire… plus my state of West Virginia had existence in the state of Virginia… would “West Virginia” be barred from printing its own currency, but Vermont can, or both disallowed, but Nevada and Alaska can?
I bring this up because many states are considering printing their own currency. I don’t know if it is technically legal, and if Parliament era laws can be overturned by any Republican institution, including states or even county or city councils. Can your city print its own money, after rejecting this law?