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- Title
FORGOTTEN BUT NOT LOST: THE ORIGINAL PUBLIC MEANING OF SECTION 4 OF THE FOURTEENTH AMENDMENT.
- Authors
McCommas, Stuart
- Abstract
The article seeks to explain the original meaning of section 4 of the Fourteenth Amendment to the U.S. Constitution, which deals with public debt. The author is concerned with the public meaning of the phrase "the validity of the public debt . . . shall not be questioned." It is argued that the clause was created in a specific historical context, namely Republicans fearing Southern Democrats would repudiate federal debt, and therefore does not allow the government to directly repudiate debt.
- Subjects
UNITED States; PUBLIC debts; UNITED States. Constitution. 14th Amendment; REPUDIATION (Public finance); UNITED States history -- 1865-1898; UNITED States politics &; government, 1865-1877
- Publication
Virginia Law Review, 2013, Vol 99, Issue 6, p1291
- ISSN
0042-6601
- Publication type
Article