1. The Supreme Court and the Economy
... would continue to be a private institution. The court ruled that the charter was a contract and it could not be violated, because of the contract clause. The contract was between Dartmouth and the King of England. Although America was no longer under the control of the British, the contract is still valid because it is said in the Constitution that the state cannot pass ... but because of the monopoly, he was unable to. Gibbons did business between New York and New Jersey so the monopoly interfered with his business. The Supreme Court voted in favor of Gibbons. The court declared that t...
- Word Count: 896
- Approx Pages: 4
- Grade Level: Undergraduate