Read the abridged version of the passage you just quoted:
“No State shall....coin Money...”
Per the Constitution, the states cannot coin their own money.
Bancroft’s History of the formation of the Constitution of the United States, vol. 2, p. 134.
And when the convention came to the prohibition upon the states, the historian says that the clause “No state shall make anything but gold and silver a tender in payment of debts” was accepted without a dissentient state. “So the adoption of the Constitution,” he adds,
“is to be the end forever of paper money, whether issued by the several states or by the United States, if the Constitution shall be rightly interpreted and honestly obeyed.”
Id., 137.
For nearly three-quarters of a century after the adoption of the Constitution and until the legislation during the recent civil war, no jurist and no statesman of any position in the country ever pretended that a power to impart the quality of legal tender to its notes was vested in the general government. There is no recorded word of even one in favor of its possessing the power. All conceded, as an axiom of constitutional law, that the power did not exist.
Mr. Webster, from his first entrance into public life in 1812, gave great consideration to the subject of the currency, and in an elaborate speech on that subject, made in the Senate in 1836, then sitting in this room, he said:
Page 110 U. S. 455
“Currency, in a large and perhaps just sense, includes not only gold and silver and bank bills, but bills of exchange also. It may include all that adjusts exchanges and settles balances in the operations of trade and business; but if we understand by currency the legal money of the country, and that which constitutes a legal tender for debts, and is the standard measure of value, then undoubtedly nothing is included but gold and silver. Most unquestionably there is no legal tender, and there can be no legal tender in this country, under the authority of this government or any other, but gold and silver, either the coinage of our own mints or foreign coins at rates regulated by Congress. This is a constitutional principle, perfectly plain and of the highest importance. The states are expressly prohibited from making anything but gold and silver a legal tender in payment of debts, and although no such express prohibition is applied to Congress, yet as Congress has no power granted to it in this respect but to coin money and to regulate the value of foreign coins, it clearly has no power to substitute paper or anything else for coin as a tender in payment of debts and in discharge of contracts. Congress has exercised this power fully in both its branches; it has coined money and still coins it; it has regulated the value of foreign coins, and still regulates their value. The legal tender, therefore, the constitutional standard of value, is established and cannot be overthrown. To overthrow it would shake the whole system.”
4 Webster’s Works 271.
And when the convention came to the prohibition upon the states, the historian says that the clause “No state shall make anything but gold and silver a tender in payment of debts” was accepted without a dissentient state. “So the adoption of the Constitution,” he adds,
“is to be the end forever of paper money, whether issued by the several states or by the United States, if the Constitution shall be rightly interpreted and honestly obeyed.”
Try to do better next time chum.
“Currency, in a large and perhaps just sense, includes not only gold and silver and bank bills, but bills of exchange also. It may include all that adjusts exchanges and settles balances in the operations of trade and business; but if we understand by currency the legal money of the country, and that which constitutes a legal tender for debts, and is the standard measure of value, then undoubtedly nothing is included but gold and silver”
Like I said..do better next time.