... silver has actual intrinsic value, and may therefore serve as a standard of value: butthe bill of a Mutual Bank, having a legal value only, and not an actual one, cannot serve as a standard of value, ... not a standard of value, because it has in itself no intrinsic value, like silver and gold; its valuebeing legal, and not actual. A stick has actual length, and therefore may serve as a standardof ... a Mutual Bank is, like a note of hand, or likean ordinary bank bill, neither a measure nor a standard of value. It is (1) not a measure; for,unlike all measures, it has an actual, and not a...