The United States Magazine And Democratic Review 1850 Vol 27 Classic Reprint PDF Download

Excerpt from The United States Magazine, and Democratic Review, Vol. 29: July-December, 1851 Section 9. The credit of the state shall not, in any manner, be given or loan ed to, or in aid of any individual association or cor oration. Section 10. The state may, to meet casual de cits or failures in revenues, or for expenses not provided for, contract debts, but such debts, direct and contin ent, singly or in the aggregate, shall not at any time exceed one mil lion 0 dollars; and the moneys arising from the loans creating such debts, shall be applied to the purpose for which they were obtained, or to repay the debt so contracted, and to no other purpose whatever. Section 11. In addition to the above limited power to contract debts. The state may contract debts to repel invasion, suppress insurrection, or defend the state in war; but the mone arising from the contracting of such debts shall be applied to the purpose or which it was raised, or to repay such debts, and to no other purpose whatever. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.