...to lessen Government expenditure, would be not the practice of economy, but an act of repudiation." The argument in favor of the joint resolution, as...obligations is a competence attaching to sovereignty. In the United States, sovereignty resides in the people who act through the organs established by the...

...and proper for carrying the powers enumerated in the section into execution. It has been stated that "the right to make binding obligations is a competence attaching to sovereignty" Perry v. United States, 294 US 330, 353). Authority to assume obligations is also implicit in the powers...

...and proper for carrying the powers enumerated in the section into execution. It has been stated that "the right to make binding obligations is a competence attaching to sovereignty" (Perry v. United States, 294 US 330, 353). Authority to assume obligations is also implicit in the...

...and proper for carrying the powers enumerated In the section into execution. It has been stated that "the right to make binding obligations Is a competence attaching to sovereignty" (Perry v. United States, 294 US 330, 353). Authority to assume obligations is also implicit In the...

...incurs responsibilities similar to those of individuals who are parties to such instruments * • •. "The argument in favor of the joint resolution as...contract restrict the exercise of a sovereign power. Rut the right to make binding obligations is a competence attaching to sovereignty • * *. "Having...

...the Metiopolis (15 Pet. 377, 390) except that the United .States cannot be sued without its consent. "The argument in favor of the joint resolution as...contract restrict the exercise of a sovereign power. Byt the right to make binding obligation^ it, a competence attaching to sovereignly. In the United...

...incurs responsibilities similar to those of individuals who are parties to such instruments * * *. "The argument in favor of the joint resolution as...that the government cannot by contract restrict the esercise of a sovereign power. But the right to make binding obligations is a competence attaching...

...to lessen government expenditure, would be not the practice of economy, but an act of repudiation." The argument in favor of the Joint Resolution, as...obligations is a competence attaching to sovereignty. In the United States, sovereignty resides in the people, who act through the organs established by...

...and proper for carrying the powers enumerated in the section into execution. It has been stated that "the right to make binding obligations is a competence attaching to sovereignty." Perry v. United States, 294 US 330, 353. Authority to assume obligations is also implicit in the powers...

...value. And when you quote the Supreme Court, you give emphasis to these words to our highest tribunal : "The argument in favor of the joint resolution, as applied to Government bonds, is in substance that Government cannot by contract restrict the exercise of a sovereign power." Do you distinguish or not,...