Die drei Nationalökonomien

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Monograph

Identifikator:: 1008917265

URN:: urn:nbn:de:zbw-retromon-19129

Document type:: Monograph

Author:: Flückiger, Otto http://d-nb.info/gnd/117736708

Title:: Die Schweiz

Edition:: Zweite Auflage

Place of publication:: Zürich

Publisher:: Druck und Verlag von Schultheß & Co.

Year of publication:: 1914

Scope:: 1 Online-Ressource (VI, 243 Seiten)

Digitisation:: 2017

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Gewässer

Collection:: Economics Books

4,2 POSTAL SAVINGS proposed legislation, because it would present a purpose on the part of Congress to gather these earnings from the people and put them in such a position that the Government can call upon them whenever it has real need.” 28 Senator Bailey admitted that the proposed amendment might make it possible for the court to hold the bill constitutional, but he declared that “it would still be none the less unconstitutional, according to the conscience of every Senator, be cause we all know that its purpose is not to bor row money, and to incorporate such a provision in it would be a palpable subterfuge invented to deny the court the right to consider the bill ac cording to its real purpose.” 29 The Smoot amendment passed the Senate; but its further consideration here is unnecessary be cause of the radical changes in the investment provisions of the bill which were made in the House. By these changes the bill, which soon became law, was greatly strengthened in its con stitutional position, under the clause conferring upon Congress the power to borrow money on the credit of the United States. It was strength ened, however, at the expense of that other fea ture which so many believed essential to a satis- 28 Cong. Rec., Mar. 4, 1910, p. 2761. 29 Ibid., Mar. 3, 1910, p. 2688.

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