...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. " The United States are as much bound by their contracts as are individuals. If they repudiate their...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation." The argument in favor of the joint resolution, as applied to Government bonds, is in substance that...

...them is Lynch v. United States, 292 Opinion of the Court US 571, in which the Supreme Court said that "Congress was without power to reduce expenditures...abrogating contractual obligations of the United States." This case, however, and the other cases cited by plaintiff are not applicable here for the reason that...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. 'The United States are as much bound by their contracts as are individuals. If they repudiate their...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. 'The United States are as much bound by their contracts as are individuals. If they repudiate their...

...Justice Brandeis, quoted with approval the statement in the Sinking Fund Cases and said (p. 580): "* * * Congress was without power to reduce expenditures...the practice of economy, but an act of repudiation." * 42 USCA 1403. "42 f. SCA 1410 (a). "42U. SCA 1410 (a). "42 USCA 1410 (e). 11 Cherry Cotton Mail,...

...Justice Brandeis, quoted with approval the statement in the Sinking Fund Cases and said (p. 580) : "* * * Congress was without power to reduce expenditures...the practice of economy, but an act of repudiation." " 42 USCA 1403. "42V. 8. CA 1410 (a). "42 USCA 1410 fa). "42X1. SCA 1410 (e). » Cherry Cotton Mills,...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. 'The United States are as much bound by their contracts as are individuals. If they repudiate their...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. 'The United States are as much bound by their contracts as are individuals. If they repudiate their...

...lessened revenues and the heavy obligations to be issued in the hope of relieving widespread distress. Congress was free to reduce gratuities deemed excessive....the practice of economy, but an act of repudiation. 'The United States are as much bound by their contracts as are individuals. If they repudiate their...