Constitutional Law: Decisions of the Supreme Court of the United States, Relating to Taxation of Bank Stocks, &c., &c., by States and CitiesJ. S. Homans, jr., 1863 - 63 pages |
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Page 30
... NEW - YORK : PUBLISHED BY J. SMITH HOMANS , JR . , OFFICE OF THE BANKERS ' MAGAZINE AND STATISTICAL REGISTER , CHAMBER OF COMMERCE AND UNDERWRITERS ' BUILDINGS , Nos . 61 AND 63 WILLIAM STREET . 1863 . PRICE FIFTY CENTS . HARVARD ...
... NEW - YORK : PUBLISHED BY J. SMITH HOMANS , JR . , OFFICE OF THE BANKERS ' MAGAZINE AND STATISTICAL REGISTER , CHAMBER OF COMMERCE AND UNDERWRITERS ' BUILDINGS , Nos . 61 AND 63 WILLIAM STREET . 1863 . PRICE FIFTY CENTS . HARVARD ...
Page 31
... New - York . JOHN W. AMERMAN , Law Printer , 47 Cedar - street , N. Y. CONSTITUTIONAL LAW . DECISIONS BY THE SUPREME COURT OF THE Econ 5686.20.155.
... New - York . JOHN W. AMERMAN , Law Printer , 47 Cedar - street , N. Y. CONSTITUTIONAL LAW . DECISIONS BY THE SUPREME COURT OF THE Econ 5686.20.155.
Page 32
... New - York . 1863 , ..... PUBLISHED AT THE OFFICE OF " THE BANKERS ' MAGAZINE AND STATISTICAL REGISTER , " NEW - YORK , 1863 . OCTAVO , 64 PAGES . - PRICE FIFTY CENTS . 39 TAXATION OF GOVERNMENT BONDS . THE recent decision of the.
... New - York . 1863 , ..... PUBLISHED AT THE OFFICE OF " THE BANKERS ' MAGAZINE AND STATISTICAL REGISTER , " NEW - YORK , 1863 . OCTAVO , 64 PAGES . - PRICE FIFTY CENTS . 39 TAXATION OF GOVERNMENT BONDS . THE recent decision of the.
Page 33
... New - York , involving the right of States and cities to tax government bonds , renders desirable the re - publication of the cele- brated case of M'CULLOH vs. THE STATE OF MARYLAND , decided at the February term , 1819. This case may ...
... New - York , involving the right of States and cities to tax government bonds , renders desirable the re - publication of the cele- brated case of M'CULLOH vs. THE STATE OF MARYLAND , decided at the February term , 1819. This case may ...
Page 54
... NEW - YORK ex rel . THE BANK OF COMMERCE , Plaintiffs in Error , vs. THE COMMISSIONERS OF Taxes and ASSESSMENTS FOR THE CITY AND COUNTY OF NEW - YORK .. In Error to the Supreme Court of the State of New - York . Mr. Justice NELSON ...
... NEW - YORK ex rel . THE BANK OF COMMERCE , Plaintiffs in Error , vs. THE COMMISSIONERS OF Taxes and ASSESSMENTS FOR THE CITY AND COUNTY OF NEW - YORK .. In Error to the Supreme Court of the State of New - York . Mr. Justice NELSON ...
Other editions - View all
Constitutional Law: Decisions of the Supreme Court of the United States ... United States Supreme Court No preview available - 2015 |
Constitutional Law: Decisions of the Supreme Court of the United States ... United States Supreme Court No preview available - 2015 |
Common terms and phrases
act in question act of Congress admitted aforesaid argument assembly of Maryland authorize the issue Baltimore County bills of credit borrow money carrying into execution clause coin money conferred CONSTITUTIONAL LAW corporation Court of Appeals currency decision declare defendant discount and deposit discretion eminent domain employed enacted enumerated powers ernment exercise expressly gold and silver GOUVERNEUR MORRIS gress impair the obligation imposing a tax judgment judicial jurisdiction justice lative lawful money legal tender legislative legislature limit M'CULLOH Maryland ment necessary and proper New-York objects obligation of contracts office of discount operations opinion passed payment of debts Plaintiffs in Error power of Congress power of taxation principle prohibited punish purpose pursuance Reported in Peters repugnant Rhode Island silver coin sovereign power statute Supreme Court supreme law taxing power tender in payment thereof tion uncon unconstitutional Union United validity Wheaton writ of error
Popular passages
Page 45 - We admit, as all must admit, that the powers of the government are limited, and that its limits are not to be transcended. But we think the sound construction of the Constitution must allow to the national legislature that discretion, with respect to the means by which the powers it confers are to be carried into execution, which will enable that body to perform the high duties assigned to it, in I the manner most beneficial to the people.
Page 38 - Among the enumerated powers, we do not find that of establishing a bank or creating a corporation. But there is no phrase in the instrument which, like the Articles of Confederation, excludes incidental or implied powers; and which requires that everything granted shall be expressly and minutely described. Even the 10th Amendment, which was framed for the purpose of quieting the excessive jealousies which had been excited, omits the word "expressly...
Page 51 - ... they may tax judicial process ; they may tax all the means employed by the government, to an excess which would defeat all the ends of government. This was not intended by the American people. They did not design to make their government dependent on the States.
Page 119 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 118 - Money is with propriety considered as the vital principle of the body politic ; as that which sustains its life and motion, and enables it to perform its most essential functions.
Page 45 - The result of the most careful and attentive consideration bestowed upon this clause is, that if it does not enlarge, it cannot be construed to restrain the powers of Congress, or to impair the right of the legislature to exercise its best judgment in the section of measures to carry into execution the constitutional powers of the government.
Page 48 - ... the government of the Union; that it is to be concurrently exercised by the two governments: are truths which have never been denied. But, such is the paramount character of the constitution, that its capacity to withdraw any subject from the action of even this power, is admitted. The States are expressly forbidden to lay any duties on imports or exports, except what may be absolutely necessary for executing their inspection laws.
Page 38 - States, which shall be made in pursuance thereof," " shall be the supreme law of the land," and by requiring that the members of the State legislatures, and the officers of the executive and judicial departments of the States, shall take the oath of fidelity to it.
Page 41 - To its enumeration of powers is added that of making " all laws which shall be necessary and proper for carrying into execution the foregoing powers, and all other powers vested by this constitution in the government of the United States, or in any department thereof." The counsel for the state of Maryland have urged various arguments to prove that this clause, though in terms a grant of power, is not so in effect ; but is really restrictive of the general right, which might otherwise be implied,...
Page 37 - The government proceeds directly from the people ; is " ordained and established " in the name of the people, and is declared to be ordained, "in order to form a more perfect union, establish justice, insure domestic tranquillity and secure the blessings of liberty to themselves and to their posterity.