“It’s starting to look like Virginia could yet emerge in a leading role among the states in respect of monetary reform,” say the editors of the New York Sun. “The lower chamber of its general assembly has passed a bill to underwrite a study of the feasibility of a monetary unit based on a metallic standard. It is one of a number of states that are reaching deep into the Constitution of the United States to protect themselves in an era when the value of the dollars issued by the federal government is collapsing.” After a 237-year effort, Virginia has come to the righteous conclusion that it is not God, guns and guts that makes the earthly kingdoms — it is money. And Virginia’s are not the first citizens in our times to call for states to cast their own coin. Vermont’s are. California and Texas should follow.

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