Return to US Founding Half Dollar Coin Act
The Forgotten Founders Corporation
| Suite 211 | 687 Alderman Road | Palm Harbor Fl 34683
tel: 727-771-1776 | fax: 305-320-2471 | stan@johnhancock.org
The Honorable Christopher Dodd, Chairman
United States Senate Committee on Banking, Housing, and Urban Affairs
534 Dirksen Senate Office Building
Washington, D.C. 20510 May 6, 2009
Dear Chairman Dodd,
Enclosed please find a copy of a proposed Half Dollar Coin Act designed to honor the Continental Congress and the United States in Congress Assembled Presidents. I have also enclosed the copy of the letter addressed to U.S. Mint Director Moy along with supporting proofs to our request.
The U.S. Court of Appeals remanded our $1.00 Presidential Coin Case 08-00843, Klos v Paulson, back to the lower court granting us the opportunity to re-file addressing standing issues (enclosed). A re-filing would include pre-1789 Presidential descendants and sympathetic non-profit organizations seeking to include the Presidents of the United States in Congress Assembled in the Act of Congress, Pub. L. 109-145, 119 Stat. 2664 that was birthed in your committee. We decided, however, to follow U.S. District Judge Steven D. Merryday’s advice and pursue recognition of these men legislatively rather then re-filing. This proposed Half Dollar Coin Act seeks legislative relief for the Forgotten Presidents. We respectfully request that you, Chairman Dodd, and your committee consider the merits of the proposed Half Dollar Coin Act designed to honor the 14 forgotten Presidential Founders and their Capitols.
The lessons of the founding period have long been lost in the monumental shadow of the United States Constitution of 1787. These men birthed a great nation, won a war and struggled to govern under the inadequate Constitution of 1777. They endured many challenges, including currency depreciation with one Silver Specie equal to one FIAT U.S. Dollar in 1777 inflating to 75 U.S. Dollars to one Silver Specie by 1780. Two Presidents faced armed citizen rebellion in 1786 and 1787 with Congress failing to re-establish a suitable Federal Army as they possessed no means to pay the soldiers. During this period, the Presidents faced monumental Revolutionary War debt, no U.S. Currency from 1781 until the 1790’s and revenue options mostly limited to the sale of Northwest Territory federal lands acquired in the 1784 ratified Treaty of Paris (enclosed). The Half Dollar Coin Act will spotlight these and many other challenges, including the 18th Century collapse of the real estate market, that are pertinent to this new millennium.
Thanking you in advance for your consideration of the Half Dollar Coin Act and the case made in the enclosed papers.
Sincerely,
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Stanley L. Klos
President
cc. Director of the US Mint & the Honorable Barack H. Obama, President of the United States of America