Juilliard v. Greenman
JUILLIARD V. GREENMAN,
JUILLIARD V. GREENMAN, 110 U.S. 421 (1884), was a case in which the Supreme Court upheld the implied power of Congress to make U.S. government notes legal tender—and therefore money—in peacetime as well as in wartime. In Hepburn v. Griswold (1870), the Court had held the legal-tender acts of 1862 and 1863 unconstitutional, but, in 1871, the Court upheld the legal-tender acts as a war measure. Juilliard v. Greenman upheld the acts without reference to the war power. In this case, the Court inferred the power from the express power to borrow money and the implied power to issue bills of credit.
BIBLIOGRAPHY
Dunne, Gerald T. Monetary Decisions of the Supreme Court. New Brunswick, N.J.: Rutgers University Press, 1960.
Kutler, Stanley I. Judicial Power and Reconstruction Politics. Chicago: University of Chicago Press, 1968.
Schwartz, Bernard. A History of the Supreme Court. New York: Oxford University Press, 1993.
Hugh E.Willis/a. e.
See alsoLegal Tender ; Legal Tender Act ; Legal Tender Cases ; Repudiation of Public Debt .