Last February the U. S. Supreme Court laid down the law of the 59¢ dollar in a decision as full of holes as Swiss cheese. Last week President Roosevelt decided it was time to plug up the holes with some new legislation. Two of the most serious implications in the law as the Supreme Court laid it down were as follows:
1) By a 5-to-4 split the Court denied the right of holders of U. S. obligations to force the Government to keep its promise to pay them in 100¢ gold dollars. The Court's reasons:...
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