For the first time since age purged the U. S. Supreme Court for Franklin Roosevelt, his four appointees this week lined up to give the New Deal a victory which it could not have had otherwise. Hugo Black (no dissenter for once) ruled for himself as well as Stanley Reed, Felix Frankfurter, Bill Douglas that bonds previously payable in gold dollars or foreign currency equal to their gold dollar value are now payable in devalued Roosevelt dollars. Owen Roberts agreed, in the first 5-to-4 decision of the current term. Dissenters: Chief Justice Hughes, Justice Stone and (as usual)...
To continue reading:
or
Log-In
