Legal Tender Cases

The Legal Tender Cases were a series of United States Supreme Court cases in the latter part of the nineteenth century that affirmed the constitutionality of paper money. In the 1870 case of Hepburn v. Griswold, the Court had held that legal tender in the form of paper money violated the United States Constitution. The Legal Tender Cases reversed Hepburn, beginning with Knox v. Lee and Parker v. Davis in 1871, and then Juilliard v. Greenman in 1884.

Read more about Legal Tender Cases:  Legal Tender Act of 1862 and Ensuing Litigation, Background About Constitutionality of Paper Money, How Legal Tender Is Issued in The U.S. Today

Famous quotes containing the words legal, tender and/or cases:

    If he who breaks the law is not punished, he who obeys it is cheated. This, and this alone, is why lawbreakers ought to be punished: to authenticate as good, and to encourage as useful, law-abiding behavior. The aim of criminal law cannot be correction or deterrence; it can only be the maintenance of the legal order.
    Thomas Szasz (b. 1920)

    Our interest’s on the dangerous edge of things.
    The honest thief, the tender murderer,
    The superstitious atheist.
    Robert Browning (1812–1889)

    And in cases where profound conviction has been wrought, the eloquent man is he who is no beautiful speaker, but who is inwardly drunk with a certain belief. It agitates and tears him, and perhaps almost bereaves him of the power of articulation.
    Ralph Waldo Emerson (1803–1882)