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...scraps of paper to be blown hither & thither by any political wind. But if the Court should decide to uphold the gold clauses, the reaction ot the country against the Court would be indeed serious. In the heat of partisanship a Constitutional Amendment might be passed that would vitally impair the Court's usefulness. The Justices were not ignorant of these facts. But their job is to follow the law as they see it, not the election returns. For the convenience of the country, if not the Court, a majority of the Justices would doubtless be glad to uphold...

Author: /time Magazine | Title: JUDICIARY: Questions Without Answers | 1/21/1935 | See Source »

...intervened in any contractual obligations. It was done only as a matter of supreme necessity." He was referring, of course, to the repeal of the gold clause on contracts made previous to the repeal resolution. Although there is no specific clause in the Constitution which forbids Congress to impair the obligation of contract (Article one, section ten prohibits state governments to do so), the question is whether or no the Fifth Amendment forbidding Congress to deprive a man of "property without due process of law" can be invoked against the statute. Theoretically, of course, this "necessity" business isn't supposed...

Author: By El Ham., | Title: State of the Union | 1/14/1935 | See Source »

...England's present recovery, which is sometimes alleged to be the product of simply muddling through the depression, and not a product of radical measures. Mr. Roosevelt called attention to England's abandonment of the gold standard, treasury refinancing, and other "unorthodox" emergency measures,--which, however, did not impair the financial integrity of the British treasury...

Author: NO WRITER ATTRIBUTED | Title: PUNGENT SMOKE | 10/1/1934 | See Source »

...Cuba should be forbidden to enter into any treaty with any other nation that would tend to impair her independence...

Author: /time Magazine | Title: National Affairs: An Amendment's End | 6/11/1934 | See Source »

...automobile industry in particular has reason to suspect the good faith of the NRA. After considerable discussion there was inserted in the code of the motor group a provision to the effect that collective bargaining would not in any way impair the right of the employer to promote or discharge on the basis of merit and efficiency. No sooner had this clause been approved when it was publicly repudiated by the NRA in response to the protests of organized labor. No other industry was later permitted to have a similar clause and for all practical purposes the famous merit clause...

Author: By David Lawrence, | Title: Today in Washington | 3/24/1934 | See Source »

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