The Waterbury Democrat., 1935-02-19
Gold Case Decision
 fragments NeuU Deal
fClontis1sd crom Pasa Il

Iory. Tn 1t they found neN &tFen0th to. attack stubbtoFn legis. &allve opposition which has de' Inved the sl.eS0. eco. 600 recover Dill and jeopardissd the program For economic security and exten' sion of MIRA.
 Administration spoIeemen feel Uhg&nclea to monetary projects have %aen hnraled. The New Deal now DIans to move on to higher conn 1Hodify prices and ultimately a dol lar stabilized internationally and at home.
 In three distinct types of cases Nhs court held:
 1. CouEress had ample author 4ty to abrogate the goad clause in Brivnfe securities.
 2. Congress exceeded It's au- &hortty in abrOgating the gold tlause in government bonds. but in &aee at issue no damage was &hown and the suit was thrown q Congress had ampQe author" aty to seize gold certificatas and re- Rlacs them with deval1ed currency. @ Leaders of the silver bloc are ssnaneuvering for any advantage Shat may be gained from the Eourt's decision that value need not be related strictly to gold. First ailver development was pro- Dosed amendment to the recovery bill to expand currency by $325,- 100000 with silver.
 Disgrunticdl Jurists
 ( In the background there was 2. I. ~R Tnaf4nn In C. McReynolds spoke for three col- leagues and numbers of his fellow Eitizens yesterday in bitter arraign- Anent of the policies which a ma- Mority of the court was able to ac- Kept.
 "The constitution is gone" roar @d the aging jurist. This IS Nero at his worst"
 q By a scant five-to-four margin Mhe court stood by Chief Justice Charles Evans Hughes, one-ttme Republican candidate for president but more often than not on the bench, member fthe so-caned .s1iberal group.
 M The decision emphasizes the 9iberal-conservative division of Thought which extends from the Gutera little court chamber to town And country and from one coast to Ahe other. McReynold's bitter words sounded the passionate chal- Eenge conservatism utters tO the New Deal and its monetary works.
 "All is lost" McReynolds grum- sbled when the court split five-to- -four a year ago to support the New Hork State milk control law. Again he protested the courts Approval of tho Minnesota mort .gage moratorium. But the anxiety of conservatism became an angry sprotest yesterday as McReynolds Spoke.
 McReynOlds Was Bitter Bitter must have ben the court sconferenccs at which justices arr rived at their decision. Not in the smemory of any who heard Mickey sholAs yesterday has language so <harDh been directed by a justice at the finding of a majority of his fellows.
 We are dealing here with de- sbased standard" he said, "adopted Obligations"
 'The destruction of all obliga- Aions by reducing the standard ,golS dollar to one grain of gold, or sbrass or nickel or copper or lead will become an easy possibility. { Default is thus made both easy and safe. These bonds are held by sinen and women in many parts of Ahe world; they have relied upon <pur honor. ~ "Loss of reputation for honor sable dealing will bring us amending Humiliation"
 : McReynolds mentioned the streasury's $2.000, 900. 900 gold seiz- sure profit. Tn bitter language he it: .
 ' fro such counterfeit profits there 1avould be no Timit;, with each new -debasement of the dollar they