Today, we rely on a third party to create and substantiate the medium of exchange called a Federal Reserve Note (FRN). This note has two seals on it signifying that it is used for both public and private debt. The green seal is the seal of the United States Treasury assuring Article IV section 3 clause 1 jurisdiction under a two party contract. The other seal is the seal of the Federal Reserve Corporation assuring that a third party will always be involved in all two party contracts for the limited liability for the payment of debt under Article IV section 3 clause 2. The FRN came about through the Federal Reserve Act of 1914 for the purpose of creating a commercial paper society to defer the “Payment of debts” in the civil (Roman) law, to drive out the circulation of the “Standard” Lawful money of the common law.