This Supreme Court case addressed whether the Fifth Amendment's takings clause, which prohibits the taking of private property for public use without just compensation, applies to state governments or only limits the federal government. The Court held that the Bill of Rights, including the Fifth Amendment, was intended to restrict only the powers of the federal government and not state governments. The Constitution was ordained by the people to establish their own government, not to limit state governments, which each established their own constitutions. Therefore, the takings clause does not apply to legislation and actions taken by state governments.