Knox v. Lee

E452311

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.

All labels observed (1)

Label Occurrences
Knox v. Lee canonical 5

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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
Fifth Amendment
Necessary and Proper Clause
country United States
court Supreme Court of the United States
decisionDate 1871-05-01
dissentingJustice David Davis
Robert C. Grier
Salmon P. Chase
hasAlternativeName The Legal Tender Cases
hasPart Parker v. Davis
historicalContext American Civil War
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
involvesStatute Legal Tender Act of 1862
Legal Tender Act of 1863
issue constitutionality of the Legal Tender Acts
validity of federal paper money as legal tender
joinedByMajorityJustice Joseph P. Bradley
Nathan Clifford
Noah H. Swayne
Samuel F. Miller
Stephen J. Field
jurisdiction federal
language English
legalSubject constitutional law
federal powers
monetary law
separation of powers
majorityOpinionBy William Strong
overrules Hepburn v. Griswold
precedentFor later cases on congressional monetary powers
relatedCase Hepburn v. Griswold
Juilliard v. Greenman
result federal paper currency upheld as legal tender for private debts
topic greenbacks
legal tender
paper money
volumeInUnitedStatesReports 79
yearDecided 1871

How these facts were elicited

Referenced by (5)

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

Coinage Clause usedInCaseLaw Knox v. Lee
Hepburn v. Griswold overruledBy Knox v. Lee
Hepburn v. Griswold relatedCase Knox v. Lee
Parker v. Davis relatedToCase Knox v. Lee