Oliver Wendell Holmes, Jr.

Summary

Oliver Wendell Holmes, Jr. Virginia v. West Virginia (220 U.S. 1…

The liability of West Virginia is a deepseated equity, not discharged by changes in the form of the debt, nor split up by the unilateral attempt of Virginia to apportion specific parts to the two states. If one third of the debt were discharged in fact, to all intents, we perceive no reason, in what has happened, why West Virginia should not contribute her proportion of the remaining two thirds.
Source: Wikisource

Oliver Wendell Holmes, Jr. Virginia v. West Virginia (220 U.S. 1…

For even if Virginia is not liable, she has the contract of West Virginia to bear an equitable share of the whole debt,-a contract in the performance of which the honor and credit of Virginia is concerned, and which she does not lose her right to insist upon by her creditors accepting from necessity the performance of her estimated duty as confining their claims for the residue to the party equitably bound.
Source: Wikisource

Oliver Wendell Holmes, Jr. Virginia v. West Virginia (220 U.S. 1…

The mode of the Wheeling ordinance would not throw on West Virginia a proportion of the debt that would be just, as the ordinance requires, or equitable, according to the promise of the Constitution, unless upon the assumption that interest on the public debt should be considered as part of the ordinary expenses referred to in its terms.
Source: Wikisource

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