Agricultural Adjustment Act providing for processing taxes on agricultural commodities and benefit payments therefrom to farmers, held not within the taxing power under article I, section 8, clause 1.
United States v. Wm. M. Butler et al., Receivers of Hoosac Mills Corp., 297 U.S. 1 (January 6, 1936).
63. Joint Resolution of June 5, 1933 (48 Stat. 113, sec. 1).
Abrogation of gold clause in Government obligations, held a repudiation of the pledge implicit in the power to borrow money (art. I, sec. 8, clause 2), and within the prohibition of the Fourteenth Amendment, against questioning the validity of the public debt. [The majority of the Court, however, held plaintiff not entitled to recover under the circumstances.]
Perry v. U.S., 294 U.S. 330 (February 18, 1935).
64. Act of June 16, 1933 (48 Stat. 195, ch. 90, the National Industrial Recovery Act).
A. Title I, except section 9.
Provisions relating to codes of fair competition, authorized to be approved by the President in his discretion "to effectuate the policy" of the act, held invalid as a grant of legislative power (see [art. I, sec. 1]) and not within the commerce power.
Schechter Poultry Corp. v. United States, 295 U.S. 495 (May 27, 1935).
B. Section 9 (c).