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Board of Trade Vs. Olsen
Cites for this judgment
- US Supreme Court
- Apr 16, 1923
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U.S. 1 (1923) U.S. Supreme Court Board of Trade v. OlsenSearch
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U.S. 1 (1923) Board of Trade of City of Chicago v. OlsenSearch
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UNITED STATES FOR THE NORTHERN DISTRICT OF ILLINOIS Syllabus 1. The decision of this Court in Hill v. WallaceSearch
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interstate commerce so as to deprive Congress of the power of regulation over it. P. 262 U. S. 33 . Stafford v. WallaceSearch
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other grain when presenting his receipt for continuing the shipment. P. 262 U. S. 33 . Eureka Pipe Line Co. v. HallananSearch
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the case as above, delivered the opinion of the Court. Appellants contend that the decision of this Court in Hill v. WallaceSearch
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case as res adjudicata in this as to its invalidity. The act whose constitutionality was in question in Hill v. WallaceSearch
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in its favor. The Chicago Board of Trade is the greatest grain market in the world. Chicago Board of Trade v. UnitedSearch
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great annual flow is made up of the cash grain sold on the exchange, the cash sales to arrive ( Chicago Board of Trade v. UnitedSearch
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percentage of grain contracted to be sold in the futures market not settled by offsetting. Chicago Board of Trade v. ChristieSearch
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consignee or destination, and then to continue the shipment under the same contract and at a through rate. Bacon v. IllinoisSearch
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it, as is plainly intimated in the authority cited (p. 227 U. S. 516 ) and expressly recognized in Stafford v. WallaceSearch
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and gas which did thereafter cross state lines from being a stream or current of interstate commerce. Eureka Pipe Line v. HallananSearch
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in fulfillment of future contracts, from the current of stock shipments declared to be interstate commerce in Stafford v. WallaceSearch
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This case was but the necessary consequence of the conclusions reached in the case of Swift & Co. v. UnitedSearch
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the real and practical essence of modern business growth. It applies to the case before us just as it did in Stafford v. WallaceSearch
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Board of Trade v. ChristieSearch
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In United States v. FergerSearch
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to fabricate and circulate spurious bills of lading apparently connected with such commerce. The Court, in Stafford v. WallaceSearch
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producer of marketing cattle by exorbitant charges and discrimination of commission men and dealers, as in Stafford v. WallaceSearch
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market lends itself to such manipulation much more readily than a cash market. In the case of United States v. PattenSearch
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Court of Illinois has so decided in respect to its publication of market quotations. New York & Chicago Grain Exchange v. ChicagoSearch
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and the effect of the conduct of the sales of futures upon interstate commerce, we find no difficulty under Munn v. IllinoisSearch
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U. S. 113 , 94 U. S. 133 , and Stafford v. WallaceSearch
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their stock ownership. The provisions of the act objected to are to be sustained on the principles laid down in House v. MayesSearch
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U. S. 270 . Broadnax v. MissouriSearch
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U. S. 285 , and Grisim v. SouthSearch
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U.S. Supreme Court Board of Trade v. OlsenSearch
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Board of Trade of City of Chicago v. OlsenSearch
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Chicago Board of Trade v. UnitedSearch
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Chicago Board of Trade v. ChristieSearch
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Bacon v. IllinoisSearch
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Eureka Pipe Line v. HallananSearch
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of Swift & Co. v. UnitedSearch
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of United States v. PattenSearch
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New York & Chicago Grain Exchange v. ChicagoSearch
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Munn v. IllinoisSearch
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and Stafford v. WallaceSearch
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Broadnax v. MissouriSearch
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and Grisim v. SouthSearch
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Hill v. WallaceSearch
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