UIC Law Review Volume 33 Issue 4 Article 14 Summer 2000 The Marshall Court and Property Rights: A Reappraisal, 33 J. Marshall L. Rev. 1023 (2000) James W. Ely Jr. Follow this and additional works at: https://repository.law.uic.edu/lawreview Part of the Constitutional Law Commons, Contracts Commons, Courts Commons, Judges Commons, Jurisprudence Commons, Law and Economics Commons, Law and Politics Commons, Legal History Commons, Legal Profession Commons, and the Property Law and Real Estate Commons Recommended Citation James W. Ely Jr., The Marshall Court and Property Rights: A Reappraisal, 33 J. Marshall L. Rev. 1023 (2000) https://repository.law.uic.edu/lawreview/vol33/iss4/14 This Article is brought to you for free and open access by UIC Law Open Access Repository. It has been accepted for inclusion in UIC Law Review by an authorized administrator of UIC Law Open Access Repository. For more information, please contact
[email protected]. THE MARSHALL COURT AND PROPERTY RIGHTS: A REAPPRAISAL JAMES W. ELY, JR.* INTRODUCTION Historians have long stressed the affinity between the jurisprudence of John Marshall and the protection of property rights. "Two fixed conceptions which dominated Marshall during his long career on the bench," Vernon L. Parrington observed, "were the sovereignty of the federal state and the sanctity of private property."1 Famous cases involving property rights and contractual stability figured prominently in the work of the Marshall Court. The property-conscious tenets of Marshall's constitutionalism helped lay the legal foundation for a market economy and had a lasting impact on the American polity. Beginning with the Progressive movement, and continuing through the New Deal Era, the rights of property owners were often disparaged as impediments to economic regulation and the welfare state.