Arguments of Counsel in the Court of Appeals of the State of New York: Upon the Power of Congress to Make United States Treasury Notes a Legal TenderWm. C. Bryant & Company, printer, 1863 - 239 sider |
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Side 13
... effect to the statute . The Legislature , according to the provisions of the Constitu- tion , had no right to pass a law giving the banks the right to redeem their bills in paper money , nor in any money other than specie ; and having ...
... effect to the statute . The Legislature , according to the provisions of the Constitu- tion , had no right to pass a law giving the banks the right to redeem their bills in paper money , nor in any money other than specie ; and having ...
Side 18
... effect than Congress intended , nor than is absolutely necessary , should it come to the conclusion that they are valid for any purpose . But it must be apparent that Congress never intended to make them , and did not make them equal to ...
... effect than Congress intended , nor than is absolutely necessary , should it come to the conclusion that they are valid for any purpose . But it must be apparent that Congress never intended to make them , and did not make them equal to ...
Side 27
... effect of a national policy , operating ad- versely to the policy of a State , so as to reduce the value of pub- lic or private securities . It is a question whether there exists on the part of Congress , under the Constitution of the ...
... effect of a national policy , operating ad- versely to the policy of a State , so as to reduce the value of pub- lic or private securities . It is a question whether there exists on the part of Congress , under the Constitution of the ...
Side 34
... effect in 1781. Still , however , a considerable interval took place between the grant of the power , and preparations for its exercise . But in 1782 , Robert Morris , the superintendent of the finances , made an elaborate report to ...
... effect in 1781. Still , however , a considerable interval took place between the grant of the power , and preparations for its exercise . But in 1782 , Robert Morris , the superintendent of the finances , made an elaborate report to ...
Side 56
... effect , if affirmed , upon the banking system of this State , and of its effect , if affirmed , on the powers of the States to administer their own constitutions and laws . The judgment finds , in the first place , that the act of Con ...
... effect , if affirmed , upon the banking system of this State , and of its effect , if affirmed , on the powers of the States to administer their own constitutions and laws . The judgment finds , in the first place , that the act of Con ...
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Vanlige uttrykk og setninger
act of Congress argument Articles of Confederation authority bank notes Bank of England bills of attainder bills of credit borrow money clause coin money conceded Confederation Constitution and laws convention created creditor declared defendant delegated discharge dollars duty enacted ernment execution exercise exigencies existence express expressly give gold and silver gold or silver Gouverneur Morris granted gress Honors impairing the obligation implied power intended judgment judicial lawful money learned friend learned Judge legal tender notes legislative power Legislature maintain means measure ment nation necessary and proper necessity notes a legal opinion paper money payment of debts plaintiffs power of Congress power to issue prohibited proposition purpose question redeem their bills redemption reference respect securities silver coin sovereignty specie stitution submit Supreme Court tender in payment thereof thing tion treasury notes trust Union United United States notes Virginia plan words
Populære avsnitt
Side 142 - We admit, as all must admit, that the powers of the government are limited, and that its limits are not to be transcended. But we think the sound construction of the constitution must allow to the national legislature that discretion, with respect to the means by which the powers it confers are to be carried into execution, which will enable that body to perform the high duties assigned to it, in the manner most beneficial to the people.
Side 142 - This provision is made in a constitution intended to endure for ages to come, and consequently to be adapted to the various crises of human affairs.
Side 77 - KNOW YE, That we, the undersigned delegates, by virtue of the power and authority to us given for that purpose, do, by these presents, in the name, and in behalf, of our respective constituents, fully and entirely ratify and confirm each and every of the said Articles of Confederation and Perpetual Union, and all and singular the matters and things therein contained.
Side 142 - To have prescribed the means by which government should, in all future time, execute its powers, would have been to change, entirely, the character of the instrument, and give it the properties of a legal code. It would have been an unwise attempt to provide, by immutable rules, for exigencies which, if foreseen at all, must have been seen dimly, and which can be best provided for as they occur.
Side 41 - Mr. Madison — Will it not be sufficient to prohibit the making them a tender? This will remove the temptation to emit them with unjust views; and promissory notes in that shape may, in some emergencies, be best.
Side 210 - Congress the power to coerce a State into submission which is attempting to withdraw or has actually withdrawn from the Confederacy? If answered in the affirmative, it must be on the principle that the power has been conferred upon Congress to declare and to make war against a State.
Side 42 - Mr BUTLER, remarked that paper was a legal tender in no Country in Europe. He was urgent for disarming the Government of such a power. Mr MASON was still averse to tying the hands of the Legislature altogether. If there was no example in Europe as just remarked, it might be observed on the other side, that there was none in which the Government was restrained on this head. Mr READ, thought the words, if not struck out, would be as alarming as the mark of the Beast in Revelations. Mr LANGDON had rather...
Side 172 - Constitution has intrusted Congress, exclusively, with the power of creating and regulating a currency of that description ; and the measures which were taken during the last session, in execution of the power, give every promise of success. The Bank of the United States has been organized under auspices the most favorable, and cannot fail to be an important auxiliary to those measures.
Side 77 - And Whereas it hath pleased the Great Governor of the World to incline the hearts of the legislatures we respectively represent in congress, to approve of, and to authorize us to ratify the said articles of confederation and perpetual union.
Side 41 - Mr. Ellsworth thought this a favorable moment to shut and bar the door against paper money. The mischiefs of the various experiments which had been made were now fresh in the public mind and had excited the disgust of all the respectable part of America. By withholding the power from the new government, more friends of influence would be gained to it than by almost anything else. Paper money can in no case be necessary. Give the government credit and other resources will offer. The power may do harm,...