With its decisions in these three cases, the Supreme Court clearly established the right of the U.S. government to pay its debts in paper money.
After a long tradition of rejecting the use of paper money as legal tender, the United States including former secretary of the treasury and later chief justice Salmon P. Chase
As a former secretary of the U.S. Treasury, Chief Justice Salmon Chase had strong views on the matter of paper currency.
After President Ulysses S. Grant was given an opportunity to appoint two members to the Court, the case was reheard. In Parker v. Davis and Knox v. Lee, decided a year later by a 5-4 vote, the Court reversed the Hepburn decision. Justice William Strong
Contract, freedom of
Public opinion re the Court
Separation of powers