Knox v. Lee

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Knox v. Lee was an 1871 U.S. Supreme Court decision that upheld the federal government's power to issue paper money as legal tender, reversing the earlier Hepburn v. Griswold ruling.

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Statements (47)

Predicate Object
instanceOf United States Supreme Court case
legal tender case
affects federal monetary policy
power of Congress over currency
citation 12 Wall. 457
79 U.S. 457
constitutionalProvisionInterpreted Article I, Section 8 of the U.S. Constitution NERFINISHED
Fifth Amendment NERFINISHED
Necessary and Proper Clause NERFINISHED
country United States of America
surface form: United States
court Supreme Court of the United States
decisionDate 1871-05-01
dissentingJustice David Davis NERFINISHED
Robert C. Grier NERFINISHED
Salmon P. Chase NERFINISHED
hasAlternativeName The Legal Tender Cases NERFINISHED
hasPart Parker v. Davis NERFINISHED
historicalContext American Civil War NERFINISHED
Reconstruction era
holding Congress has the constitutional power to make paper money legal tender for the payment of debts
the Legal Tender Acts are constitutional as applied to contracts made before their passage NERFINISHED
involvesStatute Legal Tender Act of 1862 NERFINISHED
Legal Tender Act of 1863 NERFINISHED
issue constitutionality of the Legal Tender Acts
validity of federal paper money as legal tender
joinedByMajorityJustice Joseph P. Bradley NERFINISHED
Nathan Clifford NERFINISHED
Noah H. Swayne NERFINISHED
Samuel F. Miller NERFINISHED
Stephen J. Field NERFINISHED
jurisdiction federal
language English
legalSubject constitutional law
federal powers
monetary law
separation of powers
majorityOpinionBy William Strong NERFINISHED
overrules Hepburn v. Griswold NERFINISHED
precedentFor later cases on congressional monetary powers
relatedCase Hepburn v. Griswold NERFINISHED
Juilliard v. Greenman NERFINISHED
result federal paper currency upheld as legal tender for private debts
topic greenbacks
legal tender
paper money
volumeInUnitedStatesReports 79
yearDecided 1871

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.