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THE CHAIRMAN: That would be the third report.
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2
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DEAN FORDHAM: Yes.
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3
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MR. MELVIN: How would you say that in the con-
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stitution? Just make that an exception?
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5
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DEAN FORD'iiAM: You wouldn't even refer to fin-
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ance under my theory. You give the broad powers, then you
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.don't even have to refer to finance specifically, if you
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have this sweeping comprehensive grant of power, this
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9
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particular subject matter is embraced within it. You don't
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have to advert to it specifically. You can if you want
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to, but you don't have to.
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12
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MR. MELVIN: These powers would include unlimited
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powers of taxation?
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14
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DEAN FORDHAM: And borrowing, but the Legisla-
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ture has to coordinate these things. The Legislature could
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impose certain restrictions upon borrowing, whether general
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obligation bonds or revenue bonds.
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18
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MR. MELVIN: They would have to do it immediately
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after the adoption of the constitution.
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20
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DEAN FORDHAM: In Massachusetts they have a
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study commission up there now, this is their first report
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