FREE BOOKS

Author's List




PREV.   NEXT  
|<   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76  
77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   >>   >|  
ich case it shall not be a law._ There are then three ways in which a bill may become a law. (1) It may pass by majority vote in both houses and be signed by the President. (2) It may, after being vetoed by the President, be passed by two-thirds vote in both houses. (3) It will become a law if the President neither signs nor vetoes it within ten days, unless these are at the end of the session. The framers of the Constitution intended that the veto power should be a check, though not an absolute one, upon hasty or unwise legislation. The President may cause a bill to fail by neither signing nor vetoing it during the last ten days of a session. The term _pocket veto_ has been applied to this method of defeating bills. SUPPLEMENTARY QUESTIONS AND REFERENCES. 1. Copies of the Congressional Record and the Congressional Directory furnish interesting illustrations of the topics treated in this chapter. 2. What difference is there in the granting of recognition in the Senate and House? Harrison, This Country of Ours, 45-48. 3. How are obstructive tactics carried on? Alton, Among the Law-makers, Chapter 20. 4. Reinsch, Young Citizen's Reader, 198-213. Marriott, Uncle Sam's Business, 8-16. CHAPTER X. SOME IMPORTANT POWERS OF CONGRESS. I. NATIONAL FINANCES. The Power of Taxation.--When we speak of the finances of a country, we mean its revenues and expenditures. Revenues have their origin chiefly[20] in taxation, and the power vested in Congress by virtue of which taxes are imposed and collected is found in the following clause: Article I, Section 8, Clause 1. _The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States._ [Footnote 20: Considerable sums are derived by our National government from the sale of public lands. See Chapter on Territories and Public Lands.] Duties on Imports.--The two forms of taxes relied upon by the United States for its revenues are (1) duties and (2) excises.[21] A duty is a tax levied upon goods that are imported into the United States.[22] The merchant doing business in New York, for example, cannot obtain possession of the goods he has imported until the officers of the custom-house at that port have examined the _invoice_, or the list of articles in each pac
PREV.   NEXT  
|<   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76  
77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   >>   >|  



Top keywords:

President

 

United

 

States

 

duties

 

excises

 

session

 
imported
 

Chapter

 

imposts

 
Congressional

Congress

 

revenues

 

houses

 

collect

 
Taxation
 

provide

 
general
 

FINANCES

 

welfare

 

NATIONAL


defense
 

common

 

Clause

 

country

 

vested

 
taxation
 

expenditures

 

chiefly

 

Revenues

 

finances


virtue

 

clause

 

Article

 

origin

 

imposed

 
collected
 

Section

 
obtain
 

business

 

levied


merchant

 
possession
 

invoice

 

articles

 

examined

 

officers

 
custom
 

derived

 
National
 
government