Negotiable Instruments and the Federal Courts in Antebellum American Business

Abstract

That human needs and social realities are the roots of all systems of jurisprudence is nowhere more demonstrable than in the evolution of the law of business. Professor Freyer shows that neither the English common law of negotiable instruments nor the modifications made in it in the colonial era were adequate in the lusty, far-flung, and rapidly growing young nation that the Constitution of the United States created. Innovation, he reveals, promptly followed.