Constitutional Money : A Review of the Supreme Court's Monetary Decisions

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  • Format: Hardcover
  • Copyright: 2013-03-31
  • Publisher: Cambridge Univ Pr
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This book reviews nine Supreme Court cases and decisions that dealt with monetary laws and gives a summary history of monetary events and policies as they were affected by the Court's decisions. Several cases and decisions had notable consequences on the monetary history of the United States, some of which were blatant misjudgments stimulated by political pressures. The cases included in this book begin with McCulloch v. Maryland in 1819 and end with the Gold Clause Cases in 1934-35. Constitutional Money examines three institutions that were prominent in these decisions: the Supreme Court, the gold standard, and the Federal Reserve System. The final chapter describes the adjustments necessary to return to a gold standard and briefly examines the constitutional alternatives.

Table of Contents

The current state of monetary affairs in the United States
Emergence of money in civilized societies
Bimetallic monetary systems and appearance of a national bank
McCulloch v. Maryland, 1819, and the Second Bank of the United States
'To coin money and regulate the value thereof'
Craig v. Missouri, 1830
Briscoe v. Bank of Kentucky, 1837
Government issues of treasury notes and greenbacks
Track of the legal tender bills through Congress, 1862-3
Bronson v. Rodes, 1868
Veazie Bank v. Fenno, 1869
Hepburn v. Griswold, 1870: the legal tender issue
Knox v. Lee and Parker v. Davis, 1871: reversal of Hepburn
Monetary affairs in the United States, 1871-83
Juilliard v. Greenman, 1884: the final legal tender decision
Judicial commentaries on the legal tender cases: sovereignty
Other commentaries on the legal tender cases
The [Gold] Currency Act of 1900: monetary affairs in the United States before 1914
The Federal Reserve System, 1914-29
The great monetary contraction, 1929-33
Gold! where was it? what happened to it?
The Gold Clause Cases, 1934-5
Gold and money in the twentieth century
A Constitutional monetary system
Table of Contents provided by Publisher. All Rights Reserved.

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