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:
“Hawkins: The will is not exactly in proper legal phraseology. Richard: No: my father died without the consolations of the law.”
—George Bernard Shaw (1856–1950)
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—D.H. (David Herbert)
“... and the next summer she died in childbirth.
That’s all. Of course, there may be some sort of sequel but it is not known to me. In such cases instead of getting bogged down in guesswork, I repeat the words of the merry king in my favorite fairy tale: Which arrow flies for ever? The arrow that has hit its mark.”
—Vladimir Nabokov (1899–1977)