FREE BOOKS

Author's List




PREV.   NEXT  
|<   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180  
181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   >>   >|  
nt and Cabinet were of a like opinion, it may be said that there could have been no "packing" of the Supreme Court except by the exclusion of the two most prominent lawyers in the circuit and the appointment of men whose opinions upon a vital question were not in harmony with the opinion of the person making the appointment. As to myself, I had never accepted the original decision as sound law under the Constitution, nor as a wise public policy, if there had been no Constitution. By the decision the Government was shorn of a part of its financial means of defence in an exigency. When the Supreme Court had reached a conclusion, Chief Justice Chase called upon me and informed me of that fact, about two weeks in advance of the delivery of the opinion. He gave as a reason his apprehension of serious financial difficulties due to a demand for gold by the creditor class. Not sharing in that apprehension, I said: "The business men are all debtors as well as creditors, and they cannot engage in a struggle over gold payments, and the small class of creditors who are not also debtors will not venture upon a policy in which they must suffer ultimately." The decision did not cause a ripple in the finances of the country. Pursuing the conversation, I asked the Chief Justice where he found authority in the Constitution for the issue of non-legal-tender currency. He answered in the power to borrow money and in the power given to Congress to provide for the "general welfare of the United States." I then said, having in mind the opinion in the case of MacCulloch and Maryland, in which the court held that where a power was given to Congress, its exercise was a matter of discretion unless a limitation could be found in the Constitution: "Where do you find a limitation to the power to borrow money by any means that to Congress may appear wise?" The Chief Justice was unable to specify a limitation, and the question remains unanswered to this day. When the case of Hepburn and Griswold was overruled in the Legal Tender cases, the Chief Justice was very much disturbed, and with the exhibition of considerable feeling, he said: "Why did you consent to the appointment of judges to overrule me?" I assured him that there was no personal feeling on the part of the President, and that as to my own unimportant part in the business, he had known from the time of our interview in regard to the former action of the court that I enterta
PREV.   NEXT  
|<   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180  
181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   >>   >|  



Top keywords:

opinion

 

Justice

 

Constitution

 

appointment

 

Congress

 

decision

 

limitation

 

policy

 
financial
 

creditors


borrow
 

feeling

 

debtors

 
apprehension
 

business

 
Supreme
 
question
 

discretion

 

matter

 

exercise


unable

 

remains

 
Cabinet
 

Maryland

 
MacCulloch
 

public

 

currency

 

answered

 
provide
 

general


States

 

welfare

 

United

 

unanswered

 

unimportant

 

President

 

personal

 

action

 
enterta
 
regard

interview

 

assured

 

overrule

 

Tender

 

overruled

 

Griswold

 

Hepburn

 

consent

 

judges

 

considerable