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The Gold Clause in International Loans

Published online by Cambridge University Press:  12 April 2017

Arthur K. Kuhn
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Abstract

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Type
Editorial Comment
Information
American Journal of International Law , Volume 28 , Issue 2 , April 1934 , pp. 312 - 315
Copyright
Copyright © American Society of International Law 1934

References

1 Reprinted in this Journal, infra, p. 374.

2 Publications of the Permanent Court of International Justice. Case of the Serbian Loans, Judgment No. 14, at p. 32.

3 (1933) 265 N. Y. Supp. 57; 148 Misc. 456. “At the present time there is but one lawful medium of exchange, and this has the same coin value as gold of equal amount.” Ibid. at p. 58. No appeal was taken.

4 (1869) 7 Wall. 229. See opinion by Chase, C. J., especially at p. 250.

5 (1933) 48 U. S. Stat. L. 112. Pub. Resolution, No. 10, 73rd Congress.

6 Cf. George A. King, in 2 George Washington Law Rev., 1934, p. 131; Phanor J. Eder, in 19 Cornell Law Quarterly, Dec. 1933, p. 1.

7 Case of the Serbian Loans, Judgment No. 14, p. 19; Case of the Brazilian Loans Judgment No. 15, p. 101. A similar ruling was made in the Mavrommatis Case, Judgment No. 2, p. 12.

8 See besides the case of Bronson v. Rodes cited supra, Trebilock v. Wilson (1871), 12 Wall. 687 at p. 697; Butler v. Horwitz (1869), 7 Wall. 258; Gregory v. Morris (1878), 96 U. S. 619 at p. 625.