9781139506601 (ebook) 9781107032545 (hardback) 9781107460072 (paperback)
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 1934-5. 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.
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Formatted Contents Note
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 "To coin money and regulate the value thereof " Craig v. Missouri, 1830 Briscoe v. The Bank of the Commonwealth of Kentucky, 1837 Federal Government issues of treasury notes and greenbacks The track of the legal tender bills through Congress 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, 1871-1883 The third legal tender case : Juilliard v. Greenman, 1884 Commentaries on the legal tender decicions : the issue of sovereignty Other commentaries on the legal tender cases The (Gold) Currency Act of 1900 and monetary affairs in the United States before 1914 The Federal reserve system, 1914-1929 The great contraction, 1929-33 Gold! : Where did it go? : Why didn't the gold standard work? The gold clause cases, 1934-1935 Gold and monetary affairs in the twentieth century A constitutional monetary system.