| United States. Court of Claims - 1936 - 940 páginas
...borrow money on the credit of the United States. 4. There is a clear distinction between the power of Congress to. control or interdict the contracts of...the exercise of its constitutional authority, and a power hi Congress to alter or repudiate the substance of its own engagements when it has borrowed... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1935 - 106 páginas
...do that. Senator McAooo. I should like to read something that the Court said about Government bonds: There is a clear distinction between the power of...of its constitutional authority, and the power of the Congress to alter or repudiate the substance of its own engagements when it has borrowed money... | |
| United States. Congress. Senate. District of Columbia - 1959 - 310 páginas
...could alter the terms of a Government bond obligation, stated : "We do not so read the Constitution. There is a clear distinction between the power of...of its constitutional authority, and the power of the Congress to alter or repudiate the substance of its own engagements when it has borrowed money... | |
| United States. Congress. Senate. Committee on Interior and Insular Affairs - 1955 - 254 páginas
...Justice Hughes, speaking for the majority, said : "There is a clear distinction between the power of Congress to control or interdict the contracts of...Congress to alter or repudiate the substance of its own engagements when it has borrowed money under the authority which the Constitution confers" (294 US... | |
| United States. Department of the Army - 1962 - 576 páginas
...borrows money, the credit of the United States is an illusory pledge. We do not so read the Constitution. There is a clear distinction between the power of...of its constitutional authority, and the power of the Congress to alter or repudiate the substance of its own engagements when it has borrowed money... | |
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