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:
“Courage, then, for the end draws near! A few more years of persistent, faithful work and the women of the United States will be recognized as the legal equals of men.”
—Mary A. Livermore (1821–1905)
“The tender skin does not shrink from bayonets, the timid woman is not scared by fagots; the rack is not frightful, nor the rope ignominious. The poor Puritan, Antony Parsons, at the stake, tied straw on his head when the fire approached him, and said, “This is God’s hat.””
—Ralph Waldo Emerson (1803–1882)
“After all, the practical reason why, when the power is once in the hands of the people, a majority are permitted, and for a long period continue, to rule is not because they are most likely to be in the right, nor because this seems fairest to the minority, but because they are physically the strongest. But a government in which the majority rule in all cases cannot be based on justice, even as far as men understand it.”
—Henry David Thoreau (1817–1862)