The Man on the Flying Trapeze
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Gold Contracts and Currency Regulation Charles S
Cornell Law Review Volume 23 Article 2 Issue 4 June 1938 Gold Contracts and Currency Regulation Charles S. Collier Follow this and additional works at: http://scholarship.law.cornell.edu/clr Part of the Law Commons Recommended Citation Charles S. Collier, Gold Contracts and Currency Regulation , 23 Cornell L. Rev. 520 (1938) Available at: http://scholarship.law.cornell.edu/clr/vol23/iss4/2 This Article is brought to you for free and open access by the Journals at Scholarship@Cornell Law: A Digital Repository. It has been accepted for inclusion in Cornell Law Review by an authorized administrator of Scholarship@Cornell Law: A Digital Repository. For more information, please contact [email protected]. GOLD CONTRACTS AND CURRENCY REGULATION CHARLES S. COLLIER Is the historic "gold clause" controversy. still alive?' Can we find in the leading opinions of the Supreme Court a firm foundation for constructive currency policies within the true limits of the constitutional grants of power to the federal government which relate to this subject? Is there perhaps a hitherto undiscovered, but intrinsically acceptable "middle ground" as between the conflicting views that have been maintained on the question of the constitutionality of the gold -clause legislation of June 5, 1933,2 so that the hope may be entertained that eventually a consensus of legal and political opinion on this subject can be established? -The central questions with relation to the gold clause controversy have been brought into focus once more by two arresting decisions of the United States Supreme Court rendered in the course of the year 1937. The first of these is the decision in the case of Holyoke Water Power Company v. -
Horton the Elephant Interprets the Federal Rules of Civil Procedure: How the Federal Courts Sometimes Do and Always Should Understand Them
Pace University DigitalCommons@Pace Pace Law Faculty Publications School of Law 2014 Horton the Elephant Interprets the Federal Rules of Civil Procedure: How the Federal Courts Sometimes Do and Always Should Understand Them Donald L. Doernberg Elisabeth Haub School of Law at Pace University Follow this and additional works at: https://digitalcommons.pace.edu/lawfaculty Part of the Civil Procedure Commons, and the Conflict of Laws Commons Recommended Citation Donald L. Doernberg, Horton the Elephant Interprets the Federal Rules of Civil Procedure: How the Federal Courts Sometimes Do and Always Should Understand Them, 42 Hofstra L. Rev. 799 (2014), http://digitalcommons.pace.edu/lawfaculty/959/. This Article is brought to you for free and open access by the School of Law at DigitalCommons@Pace. It has been accepted for inclusion in Pace Law Faculty Publications by an authorized administrator of DigitalCommons@Pace. For more information, please contact [email protected]. HORTON THE ELEPHANT INTERPRETS THE FEDERAL RULES OF CIVIL PROCEDURE: HOW THE FEDERAL COURTS SOMETIMES DO AND ALWAYS SHOULD UNDERSTAND THEM Donald L. Doernberg* I. INTRODUCTION Shady Grove Orthopedic Associates P.A. v. Allstate Insurance Co.1 made it worse, and that was after Dr. Seuss had pointed the way.2 The Rules Enabling Act (“REA”),3 authorizing the Supreme Court to promulgate rules of civil procedure for the federal courts, limited the Court’s power: “Such rules shall not abridge, enlarge or modify any substantive right.”4 The Court has always struggled with that language, from its first encounter in Sibbach v. Wilson & Co.5 to the present. -
The Instrumental Role of Congressman Hatton Sumners in the Resolution of the 1937 Court-Packing Crisis, 54 UIC J
UIC Law Review Volume 54 Issue 2 Article 1 2021 “What I Said Was ‘Here Is Where I Cash In’”: the Instrumental Role of Congressman Hatton Sumners in the Resolution of the 1937 Court-Packing Crisis, 54 UIC J. Marshall L. Rev. 379 (2021) Josiah Daniel III Follow this and additional works at: https://repository.law.uic.edu/lawreview Part of the Law Commons Recommended Citation Josiah M. Daniel III, “What I Said Was ‘Here Is Where I Cash In’”: the Instrumental Role of Congressman Hatton Sumners in the Resolution of the 1937 Court-Packing Crisis, 54 UIC J. Marshall L. Rev. 379 (2021) https://repository.law.uic.edu/lawreview/vol54/iss2/1 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]. “WHAT I SAID WAS ‘HERE IS WHERE I CASH IN’”: THE INSTRUMENTAL ROLE OF CONGRESSMAN HATTON SUMNERS IN THE RESOLUTION OF THE 1937 COURT- PACKING CRISIS JOSIAH M. DANIEL, III* I. THE CONGRESSMAN’S “CASH IN” UTTERANCE UPON DEPARTING THE WHITE HOUSE ON FEBRUARY 5, 1937 ... 379 II. HATTON W. SUMNERS’S LIFE AND CONGRESSIONAL CAREER ......................................................................................... 384 III. THE NEW DEAL’S LITIGATION PROBLEM AND PRESIDENT FRANKLIN D. ROOSEVELT’S PROPOSED COURT-PACKING SOLUTION ........................................................................ 393 IV. SUMNERS’S TWO JUDICIAL BILLS AS BOOKENDS TO THE CRISIS .............................................................................. 401 a. March 1, 1937: The Retirement Act ....................... 401 b. August 24, 1937: The Intervention Act ................. -
Yearbook 1988 Supreme Court Historical Society
YEARBOOK 1988 SUPREME COURT HISTORICAL SOCIETY OLIVER WENDELL HOLMES, JR. Associate Justice, 1902-1933 YEARBOOK 1988 SUPREME COURT HISTORICAL SOCIETY OFFICERS Warren E. Burger Chief Justice of the United States (1969-1986) Honorary Chainnan Kenneth Rush, Chainnan Justin A. Stanley, President PUBLICATIONS COMMITTEE Kenneth S. Geller, Chainnan Alice L. O'Donnell E. Barrett Prettyman, Jr. Michael Cardozo BOARD OF EDITORS Gerald Gunther Craig Joyce Michael W. McConnell David O'Brien Charles Alan Wright STAFF EDITORS Clare H. Cushman David T. Pride Barbara R. Lentz Kathleen Shurtleff CONSULTING EDITORS James J. Kilpatrick Patricia R. Evans ACKNOWLEDGEMENT The Officers and Trustees of the Supreme Court Historical Society would like to thank the Charles Evans Hughes Foundation for its generous support of the publication of this Yearbook. YEARBOOK 1988 Supreme Court Historical Society Establishing Justice 5 Sandra Day O'Connor Perspectives on Oliver Wendell Holmes, Jr. Self-Preference, Competition and the Rule of Force: The Holmesian Legacy 11 Gary Jan Aichele Sutherland Remembers Holmes 18 David M. O'Brien Justice Holmes and Lady C 26 John S. Monagan Justice Holmes and the Yearbooks 37 Milton C Handler and Michael Ruby William Pinkney: The Supreme Court's Greatest Advocate 40 Stephen M. Shapiro Harper's Weekly Celebrates the Centennial of the Supreme Court 46 Peter G. Fish Looking Back on Cardozo Justice Cardozo, One-Ninth of the Supreme Court 50 Milton C Handler and Michael Ruby Judging New York Style: A Brief Retrospective of Two New York Judges 60 Andrew L. Kaufman Columbians as Chief Justices: John Jay, Charles Evans Hughes, Harlan Fiske Stone 66 Richard B. -
From the Gold Clause Cases to the Gold Commission: a Half Century of American Monetary Law
University of Chicago Law School Chicago Unbound Journal Articles Faculty Scholarship 1983 From the Gold Clause Cases to the Gold Commission: A Half Century of American Monetary Law Kenneth W. Dam Follow this and additional works at: https://chicagounbound.uchicago.edu/journal_articles Part of the Law Commons Recommended Citation Kenneth W. Dam, "From the Gold Clause Cases to the Gold Commission: A Half Century of American Monetary Law," 50 University of Chicago Law Review 504 (1983). This Article is brought to you for free and open access by the Faculty Scholarship at Chicago Unbound. It has been accepted for inclusion in Journal Articles by an authorized administrator of Chicago Unbound. For more information, please contact [email protected]. From the Gold Clause Cases to the Gold Commission: A Half Century of American Monetary Law Kenneth W. Damt Half a century ago, Franklin Roosevelt, in one of his first offi- cial acts, took the United States off the gold standard. That was the most lasting effect of the March 1933 Bank Holiday and its accompanying proclamations and legislation.1 This reversal of more than fifty years' resolute adherence to the gold standard was all the more remarkable because Roosevelt as candidate had exco- riated Herbert Hoover's warning that the United States was close to going off gold as "a libel on the credit of the United States." Roosevelt declared that "no responsible government would have sold to the country securities payable in gold if it knew that the promise-yes, the covenant-embodied in these securities was as dubious as the President of the United States claims it was."2 In 1980 American voters, again dissatisfied with .an economy that was reducing the standard of living of the American worker,3 t Deputy Secretary of State of the United States and Harold J. -
The Secret Lives of the Four Horsemen, 83 Va
Notre Dame Law School NDLScholarship Journal Articles Publications 1997 The ecrS et Lives of the Four Horsemen Barry Cushman Notre Dame Law School, [email protected] Follow this and additional works at: https://scholarship.law.nd.edu/law_faculty_scholarship Part of the Constitutional Law Commons, Courts Commons, and the Property Law and Real Estate Commons Recommended Citation Barry Cushman, The Secret Lives of the Four Horsemen, 83 Va. L. Rev. 559 (1997). Available at: https://scholarship.law.nd.edu/law_faculty_scholarship/294 This Article is brought to you for free and open access by the Publications at NDLScholarship. It has been accepted for inclusion in Journal Articles by an authorized administrator of NDLScholarship. For more information, please contact [email protected]. ESSAY THE SECRET LIVES OF THE FOUR HORSEMEN Barry Cushman* Difficile est saturam non scribere. _ Juvenal, Saturae, I, 30. "f' utlined against red velvet drapery on the first Monday of ,.I October, the Four Horsemen rode again. In dramatic lore they are known as Famine, Pestilence, Destruction, and Death. These are only aliases. Their real names are Van De- vanter, McReynolds, Sutherland, and Butler. They formed the crest of the reactionary cyclone before which yet another pro- gressive statute was swept over the precipice yesterday morning as a packed courtroom of spectators peered up at the bewilder- ing panorama spread across the mahogany bench above."' Or so Grantland Rice might have written, had he been a legal realist. For more than two generations scholars have seen the Four Horsemen as far right, reactionary, staunchly conservative apostles of laissez-faire and Social Darwinism! And with good reason. -
The Gold Clause Cases and Constitutional Necessity, 64 Fla
Florida Law Review Volume 64 | Issue 5 Article 3 10-17-2012 The Gold lC ause Cases and Constitutional Necessity Gerard N. Magliocca Follow this and additional works at: http://scholarship.law.ufl.edu/flr Part of the Constitutional Law Commons Recommended Citation Gerard N. Magliocca, The Gold Clause Cases and Constitutional Necessity, 64 Fla. L. Rev. 1243 (2012). Available at: http://scholarship.law.ufl.edu/flr/vol64/iss5/3 This Article is brought to you for free and open access by UF Law Scholarship Repository. It has been accepted for inclusion in Florida Law Review by an authorized administrator of UF Law Scholarship Repository. For more information, please contact [email protected]. Magliocca: The Gold Clause Cases and Constitutional Necessity THE GOLD CLAUSE CASES AND CONSTITUTIONAL NECESSITY Gerard N. Magliocca Abstract This Article presents a case study of how constitutional actors respond when the rule of law and necessity are sharply at odds and provides some background on Section Four of the Fourteenth Amendment. In 1935, the Supreme Court heard constitutional challenges to the abrogation of ―gold clauses‖ in contracts and Treasury bonds. Gold clauses guaranteed that creditors would receive payment in gold dollars as valued at the time a contract was made. Due to the deflation that followed the Great Depression, this meant that debtors were being forced to pay back much more than they owed originally. To stop a looming wave of bankruptcies, Congress passed a Joint Resolution declaring all gold clauses null and void. Following oral argument, President Franklin D. Roosevelt was concerned that the Court would invalidate the Joint Resolution. -
The US Supreme Court in Economic Crisis, 1935–1937
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 Bending before the Storm The U.S. Supreme Court in Economic Crisis, 1935–1937 —————— ✦ —————— WILLIAM F. SHUGHART II It all began with the great slump of 1931. There followed the iron 30s, . the dark and leaden 30s, to which, alone of all periods, no one . wishes to return, unless indeed they lament the passing of Fascism. —Isaiah Berlin, “President Franklin Roosevelt,” 1955 uch of the history of the New Deal is hagiolatry of Franklin Delano Roo- sevelt (FDR). -
A Stream of Legal Consciousness: the Current of Commerce Doctrine from Swift to Jones & Laughlin
Fordham Law Review Volume 61 Issue 1 Article 12 1992 A Stream of Legal Consciousness: The Current of Commerce Doctrine From Swift to Jones & Laughlin Barry Cushman Follow this and additional works at: https://ir.lawnet.fordham.edu/flr Part of the Law Commons Recommended Citation Barry Cushman, A Stream of Legal Consciousness: The Current of Commerce Doctrine From Swift to Jones & Laughlin, 61 Fordham L. Rev. 105 (1992). Available at: https://ir.lawnet.fordham.edu/flr/vol61/iss1/12 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Law Review by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact [email protected]. A Stream of Legal Consciousness: The Current of Commerce Doctrine From Swift to Jones & Laughlin Cover Page Footnote The author gratefully acknowledges the valuable criticisms of Patrice Cushman, Chris Eisgruber, Roger Goldman, John Griesbach, Alan Howard, Michael Klarman, Charles McCurdy, Eben Moglen, William Nelson, John Phillip Reid, G. Edward White, Doug Williams, and the members of the Legal History Colloquium at the New York University School of Law. Thanks are also due to William E. Jackson and Mary Jackson Craighill for permission to quote from the Robert Jackson papers This article is available in Fordham Law Review: https://ir.lawnet.fordham.edu/flr/vol61/iss1/12 ARTICLE A STREAM OF LEGAL CONSCIOUSNESS: THE CURRENT OF COMMERCE DOCTRINE FROM SWIFT TO JONES & LAUGHLIN BARRY CUSHMAN* In this article on constitutionaldevelopment and the New Deal Court Professor Cushman argues that the conventionalstory of the Court's radicalreversing of its jurisprudence in the face of the Court-packingplan is misconceived. -
Yearbook 1978 Supreme Court Historical Society
YEARBOOK 1978 SUPREME COURT HISTORICAL SOCIETY ROGER B. TANEY Fifth Chief Justice, 1835-1864 YEARBOOK 1978 SUPREME COURT HISTORICAL SOCIETY OFFICERS Chief Justice Warren E. Burger, Honorary Chairman Robert T. Stevens, Chairman Elizabeth Hughes Gossett, President EDITOR William F. Swindler EDITORIAL ASSISTANT Mary Beth O'Brien The Supreme Court Historical Society BOARD OF TRUSTEES Chief Justice Warren E. Burger Honorary Chairman Robert T. Stevens Elizabeth Hughes Gossett Chairman President Vice-Presidents Earl W. Kinter Whitney North Seymour William P. Rogers Fred M. Vinson, Jr. Mrs. Hugo L. Black, Secretary Vincent C. Burke, J r., Treasurer Mrs. David Acheson David L. Kreeger Ralph E. Becker Sol M. Linowitz Herbert Brownell Richard A. Moore Gwendolyn D. Cafritz David A. Morse Howland Chase Alice L. O'Donnell William T. Coleman, J r. Melvin M. Payne Charles T. Duncan Harvey T. Reid Patricia Collins Dwinnell Fred Schwengel Newell W. Ellison Bernard G. Segal Paul A. Freund William F. Swindler Erwin N. Griswold Obert C. Tanner Lita Annenberg Hazen Hobart Taylor, Jr. Joseph H. Hennage Mrs. Earl Warren Linwood Holton J. Albert Woll Nicholas deB. Katzenbach Francis R. Kirkham Rowland F. Kirks William H. Press, Executive Director Mary Beth O'Brien, Ass't to the Executive Director Richard B. Pilkinton, Ass't Treasurer INTRODUCTION This, our second year, has proven to be one of substantial progress and I greet all our members, with the hope that we can double and perhaps triple your number by the spring of 1978. We had our second annual meeting and dinner, May 19, and then about three weeks later our beloved Chairman, Tom C. -
Gold Clause Cases and Their Implications for Today
1 Harvard Law School Briefing Papers on Federal Budget Policy Briefing Paper No. 54 The Gold Clause Cases and Their Implications for Today May 8, 2015 Patrick Sharma Zachary D’Amico Prepared under the Supervision of Professor Howell E. Jackson Federal Budget Policy – Spring 2015 2 Table of Contents Introduction ..................................................................................................................................... 3 I. The Gold Clause Cases ............................................................................................................. 6 A. Origins ................................................................................................................................. 6 1. Gold clauses ..................................................................................................................... 6 2. The Great Depression ...................................................................................................... 8 B. The Cases .......................................................................................................................... 10 1. The disputes ................................................................................................................... 10 2. The decisions ................................................................................................................. 16 C. Aftermath .......................................................................................................................... 23 1. Legal consequences -
Switching Time and Other Thought Experiments: the Hughes Court and Constitutional Transformation
University of Michigan Law School University of Michigan Law School Scholarship Repository Articles Faculty Scholarship 1994 Switching Time and Other Thought Experiments: The uH ghes Court and Constitutional Transformation Richard D. Friedman University of Michigan Law School, [email protected] Available at: https://repository.law.umich.edu/articles/169 Follow this and additional works at: https://repository.law.umich.edu/articles Part of the Judges Commons, Legal History Commons, President/Executive Department Commons, and the Supreme Court of the United States Commons Recommended Citation Friedman, Richard D. "Switching Time and Other Thought Experiments: The uH ghes Court and Constitutional Transformation." U. Pa. L. Rev. 142, no. 6 (1994): 1891-984. This Article is brought to you for free and open access by the Faculty Scholarship at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Articles by an authorized administrator of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. University of Pennsylvania Law Review FOUNDED 1852 Formerly American Law Register VOL. 142 JUNE 1994 No. 6 ARTICLES SWITCHING TIME AND OTHER THOUGHT EXPERIMENTS: THE HUGHES COURT AND CONSTITUTIONAL TRANSFORMATION RICHARD D. FRIEDMANt TABLE OF CONTENTS INTRODUCTION ... ............................. 1893 I. PRELUDE TO CRISIS .......................... 1898 A. The New Court ........................... 1898 B. The 1930 Term ............................ 1903 1. Regulation ............................. 1904 2. Taxation . ............................. 1905 3. Civil Liberties . ......................... 1907 t Professor of Law, University of Michigan. Many thanks to Kevin Harlan, Ed Keidan, and Vivian James for invaluable research assistance, and to Michael Ariens, Barry Cushman, Eben Moglen, Bill Leuchtenburg, and Ed Purcell for enormously helpful conversation, comments, and suggestions.