Briscoe v. Bank of Kentucky
Briscoe v. Bank of Kentucky, 36 U.S. (11 Pet.) 257 (1837), was a decision of the Supreme Court of the United States involving the intersection of states' rights and monetary policy. In an opinion by Justice John McLean, the Court held that a bank under the de facto control of the state of Kentucky could issue banknotes without violating a provision of the Constitution that forbade states from issuing "bills of credit". The 6–1 decision demonstrated the Taney Court's support for Jacksonian principles of states' rights and opposition to federal control of banking.
| Briscoe v. Bank of Kentucky | |
|---|---|
Supreme Court of the United States | |
| Decided February 11, 1837 | |
| Full case name | John Briscoe and others v. The President and Directors of the Bank of the Commonwealth of Kentucky |
| Citations | 36 U.S. 257 (more) 11 Pet. 257 |
| Holding | |
| The Bank of Kentucky's issuance of banknotes does not violate the Constitution. | |
| Court membership | |
| |
| Case opinions | |
| Majority | McLean, joined by Taney, Thompson, Baldwin, Wayne, Barbour |
| Concurrence | Thompson |
| Concurrence | Baldwin |
| Dissent | Story |
| Laws applied | |
| Article I, Section 10 of the U.S. Constitution | |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.