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The Legal Tender Cases were two 1871 United States Supreme Court cases that affirmed the constitutionality of paper money. The two cases were Knox v. Lee and Parker v. Davis. The U.S. federal government had issued paper money known as United States Notes during the American Civil War, pursuant to the terms of the Legal Tender Act of 1862.
Greenbacks were emergency paper currency issued by the United States during the American Civil War that were printed in green on the back. [1] They were in two forms: Demand Notes, issued in 1861–1862, [1] and United States Notes, issued in 1862–1865. [2]
Knox v. Lee, 79 U.S. (12 Wall.) 457 (1871), was an important case for its time in which the Supreme Court of the United States overruled Hepburn v. Griswold. [1] In Knox v.. Lee, the Court held that making paper money legal tender through the Legal Tender Act did not conflict with Article I of the United States Constitut
In 1946 there were still 16 survivors of the Civil War living in Texas, all of whom were more than 100 years old. ... get a share of the $4 million estate of Samuel D. Riddle of Kentucky, the late ...
As the Civil War progressed and victory for the South seemed less and less likely, its value declined. After the Confederacy's defeat, its money had no value, and individuals and banks lost large sums. The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. [1]
Texas v. White, 74 U.S. (7 Wall.) 700 (1869), was a case argued before the Supreme Court of the U.S. in 1869. [1] The case's notable political dispute involved a claim by the Reconstruction era government of Texas that U.S. bonds owned by Texas since 1850 had been illegally sold by the Confederate state legislature during the American Civil War.
On Tuesday, Texas Attorney General Ken Paxton (R) turned up the heat, warning of primary challenges for Republican incumbents who make “deals with Democrats to block a Republican majority ...
The Texas Civil War Museum located in Fort Worth is set to close its doors in October. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...