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The Referendum in America; Together With Some Chapters on the History of the Initiative and Other Phases of Popular Government in the United States (Inglés) Tapa blanda – 31 ene 2012

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Tapa blanda, 31 ene 2012
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900. Excerpt: ... CHAPTER XI THE LOCAL REFERENDUM LOAN BILLS AND FINANCIAL PROPOSALS CONTINUED There is a tendency constantly at work among municipalities and other local governments impelling them to increase the public indebtedness excessively. With a view to the prevention of overissues of bonds, extravagant expenditures and too free a use of the taxing power, the constitutional conventions, as I have noted already, not infrequently take the matter in hand. Definite limits are established beyond which iocal governments may not go in debt-making and these provisions are often of a general character applying to all forms of indebtedness, no matter what the specific purpose of the loan. As a method of applying restraint to the local councils and boards, and the State legislatures as well, since the latter might give too much play to the communities in this particular, we have gone behind these agents and have put our prohibitions in the constitutions. One of the most thoroughgoing of these constitutional provisions, in so far as the referendum has been employed and has become a feature of the plan, occurs in the Constitution of North Carolina. This provision is as follows: "No county, city, town or other municipal corporation shall contract any debt, pledge its faith or loan its credit, nor shall any tax be levied or collected by any officers of the same, except for the necessary expenses thereof, unless by a vote of the majority of the qualified electors therein ".1 In Colorado no city or town may make a loan of any amount whatsoever except for the purpose of securing a suitable water supply for the citizens until the proposition shall first have been approved by popular vote. The aggregate amount of Art. vii, sec. 7. the outstanding debt of any such municipality shall ne...

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