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:
“I am opposed to writing about the private lives of living authors and psychoanalyzing them while they are alive. Criticism is getting all mixed up with a combination of the Junior F.B.I.- men, discards from Freud and Jung and a sort of Columnist peep- hole and missing laundry list school.... Every young English professor sees gold in them dirty sheets now. Imagine what they can do with the soiled sheets of four legal beds by the same writer and you can see why their tongues are slavering.”
—Ernest Hemingway (18991961)
“You know that the beginning is the most important part of any work, especially in the case of a young and tender thing; for that is the time at which the character is being framed.”
—Plato (5th century B.C.)
“I want in all cases to do right.”
—Abraham Lincoln (18091865)