Note 1735 — ARTICLE I (continued 7)

Perry v. United States, 294 U.S. 330 (1935); Louisville Joint Stock Bank v. Radford, 295 U.S. 555 (1935). The Court has pointed out, what of course, is evident on a reading of the Constitution, that the contract clause is a limitation on the powers of the States and not of the United States. Central P.R. Co. v. Gallatin (Sinking Fund Cases), 99 U.S. 700, 718 (1879). See also Mitchell v. Clark, 110 U.S. 633, 643 (1884); Legal Tender Cases, 12 Wall. 457, 529 (1871); Continental Ill. Nat. Bank & Trust Co. v. Chicago, R.I. & P.R. Co., 294 U.S. 648 (1935); St. Anthony Falls Water Power Co. v. Board of Water Commissioners, 168 U.S. 349, 372 (1897); Dubuque, S.C.R. Co. v. Richmond, 19 Wall. 584 (1874); New York v. United States, 257 U.S. 591 (1922). Cf. however, Hepburn v. Griswold, 8 Wall. 603, 623 (1870); and Central Pacific R.R. Co. v. Gallatin (Sinking Fund Cases), 99 U.S. 700, 737 (1879).