In the case of Keokee Consolidated Coke Company v. Taylor, the U.S Supreme Court ruled in favor of Taylor, a coal miner who was injured while working for Keokee Consolidated Coke Company. The company argued that they were not liable for his injuries because he had signed an employment contract which included a clause waiving his right to sue for any injury sustained during work. However, the court held that such contracts are void as against public policy and therefore unenforceable. This decision established important precedent regarding workers' rights and employer liability in cases of workplace accidents or injuries.

In the dissenting opinion for Keokee Consolidated Coke Company v. Taylor, it was argued that the majority's decision to uphold a state law requiring coal and coke companies to pay their employees in legal tender rather than company-issued scrip was unconstitutional. The dissenting justices believed this violated the contract clause of the Constitution by interfering with private contractual relationships between employers and employees. They also contended that there were no sufficient grounds for such interference as it did not serve any significant public interest or policy objective. Furthermore, they disagreed with the majority's view that paying workers in scrip could lead to abuses or exploitation, arguing instead that if any problems arose from this practice, they should be addressed through individual lawsuits rather than broad legislative action.