Augustus D. Juilliard Vs. Thomas S. Greenman: Argument for the Defendant in ErrorCupples, Upham & Company, 1884 - 44 páginas Trials concerns the purchase of bails of cotton involving cash, gold and silver coins, and U.S notes. |
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12 Wall argument ascertain the value asserted authority of Congress authority to emit Bank of England bills of credit Chief Justice Holt circulation coinage act coinage clause coinage power colony common law Congress to provide Constitution of 1789 constitutional authority constitutional currency constitutional law constitutional provisions constitutionality contract to pay court declares detinet dissent duty emit bills enactment English money Fenno foreign coin gold and silver gress Griswold Hepburn issue judgment law of legal lawful money lawmaking power Legal-Tender legislation matter of legal ment Mixed Money money of account money of England national bank opinion paid paper currency paper legal tender particular description payment of debts pence plaintiff Plymouth pound sterling power to emit prerogative proclamation prohibition provide a paper question regulate the value reissued rendered in money silver coin sovereign sovereignty specific statute tender in payment tion United States notes value of money Veazie Bank word dollars
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Página 35 - After the most deliberate consideration, it is the unanimous and decided opinion of this court that the act to incorporate the Bank of the United States is a law made in pursuance of the constitution, and is a part of the supreme law of the land.
Página 33 - It cannot be doubted that under the Constitution the power to provide a circulation of coin is given to Congress. And it is settled' by the uniform practice of the government, and by repeated decisions, that Congress may constitutionally authorize the emission of bills of credit.
Página 33 - Having thus, in the exercise of undisputed constitutional powers, undertaken to provide a currency for the whole country, it cannot be questioned that Congress may, constitutionally, secure the benefit of it to the people by appropriate legislation. To this end, Congress has denied the quality of legal tender to foreign coins, and has provided by law against the imposition of counterfeit and base coin on the community.
Página 18 - The United States in Congress assembled shall also have the sole and exclusive right and power of regulating the alloy and value of coin struck by their own authority, or by that of the respective states...
Página 32 - SEC. 19. —That every person, firm, association, other than national bank associations, and every corporation, state bank, or state banking association shall pay a tax of ten per centum on the amount of their own notes used for circulation and paid out by them.
Página 33 - ... it is enough to say, that there can be no question of the power of the Government to emit them; to make them receivable in payment of debts to itself; to fit them for use by those who see fit to use them in all the transactions of commerce; to provide for their redemption; to make them a currency, uniform in value and description, and convenient and useful for circulation.
Página 17 - That silver and gold be receivable in payment of the said quotas at the rate of one Spanish milled dollar in lieu of forty dollars of the bills now in circulation. That the said bills as paid in, except for the months of January and February past which may be necessary for* the discharge of past contracts, be not reissued but destroyed. That as fast as the said...
Página 33 - And it is settled by the uniform practice of the government and by repeated decisions, that Congress may constitutionally authorize the emission of bills of credit. It is not important here, to decide whether the quality of legal tender, in payment of debts, can be constitutionally imparted to these bills ; it is enough to say, that there can be no question of the power of the government to emit them; to make them receivable in payment of debts to itself; to...
Página 21 - ... all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation.
Página 28 - regard to the original injury or contract on which the damages are founded, and any other proper circumstances that the nature of the case will admit." 13 *It was proved in the cause, that the contracts made by the executors of John Alexander excited at the time very great attention, and were the subject of general conversation. The prevailing opinion among the bidders was, that the rents would be paid in paper money so long as paper should be the circulating medium, after which they would be paid...