Virginia Republican delegate Bob Marshall proposed the attached legislation and it died in committee. Give the guy credit...he is thinking ahead. The upshot is he wants a state-issued currency backed by gold to compete with the US dollar and be ready to take over in the "likely event" (his words) a hyperinflation destroys the Fed as an institution and the dollar as a viable legal tender.
Everything King Midas touched turned to gold...including his lovely daughter.
http://www.funnyeconomist.com/VirginiaGold.pdf
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