Board of Trade of City of Chicago v. Olsen | |
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Argued February 26, 1923 Decided April 16, 1923 |
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Full case name | Board of Trade of City of Chicago, et al. v. Olsen, U.S. Atty., et al. |
Citations | 262 U.S. 1 (more) |
Prior history | Bill in equity dismissed, N.D. Ill. |
Holding | |
The Grain Futures Act did not exceed the powers of Congress under the Commerce Clause. | |
Court membership | |
Case opinions | |
Majority | Taft |
Dissent | McReynolds, Sutherland |
Laws applied | |
U.S. Const. art. I, sec. 8, cl. 3; 42 Stat. 998, c. 369 (Grain Futures Act) |
Board of Trade of City of Chicago v. Olsen, 262 U.S. 1 (1923), is a decision by the Supreme Court of the United States, in which it upheld the Grain Futures Act as constitutional under the Commerce Clause of the United States Constitution.