Constitutional Money

A Review of the Supreme Court's Monetary Decisions

Richard H. Timberlake

• Publisher: Cambridge University Press
• Year: 2013
• Print ISBN:
  9781107032545
• eBook ISBN:
  9781139604352
• Topic: Law
• Subtopic: Law Theory & Practice
• Index: Law

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.

Table of contents

• Cover
• Constitutional Money
• Title
• Copyright
• Dedication
• Contents
• Preface
• Acknowledgments
• One The Current Condition of Monetary Affairs in the United States
• Two The Emergence of Money in Civilized Societies
• Three The Bimetallic Monetary System and Appearance of a National Bank
• Four McCulloch v. Maryland, 1819
• Five “To Coin Money and Regulate the Value Thereof ......”
• Six Craig v. Missouri, 1830
• Seven Briscoe v. The Bank of the Commonwealth of Kentucky, 1837
• Eight Federal Government Issues of Treasury Notes and Greenbacks
• Nine The Track of the Legal Tender Bills through Congress
• Ten Bronson v. Rodes, 1868
• Eleven Veazie Bank v. Fenno, 1869
• Twelve Hepburn v. Griswold, 1870: The Legal Tender Issue
• Thirteen Knox v. Lee and Parker v. Davis: Reversal of Hepburn
• Fourteen Monetary Affairs in the United States, 1871–1883
• Fifteen The Third Legal Tender Case: Juilliard v. Greenman, 1884
• Sixteen Commentaries on the Legal Tender Decisions: The Issue of Sovereignty
• Seventeen Other Commentaries on the Legal Tender Cases
• Eighteen The [Gold] Currency Act of 1900 and Monetary Affairs in the United States before 1914
• Nineteen The Federal Reserve System, 1914–1929
• Twenty The Great Contraction, 1929–1933
• Twenty one Gold! Where Did It Go? Why Didn’t the Gold Standard Work?
• Twenty two The Gold Clause Cases, 1934–1935
• Twenty three Gold and Monetary Affairs in the Twentieth Century
• Twenty four A Constitutional Monetary System
• Index