Carson City daily appeal. [volume] (Carson City, Nev.) 1907-1930, 1913-01-20
A Constitutional Convention

1t seems not improbable that by
the end Of four years the necessity OF
a revision of IL State Constitute.
will be a matter of great urgency.
No harm can possibly happen from
the passage, by this Legislature, OF a
resolution looking to a constitutional
convention. which will OF necessity
have TO be coucurred in by the Legs
lature OF 1915 and thereafter submit
ted to a vote OF the people before II
can become operative. Meanwhile
the subject Of its eNpediency can h
thoroughly discussed and, should it
be found advantageous. two years
time will have been gained. other
wise a succeeding Legislature or the
popular vote can rescind it.
Constitutional Amendments
\ number OF states have modified
the section of their organic law re-
1ating to amendments. by providing
that one Legislature, and not two. as
required in o State. is sufficient to
propose a constitutional amendment
for submission to the electors.
The last Legislature proposed a
constitutional amendment extending"
investments OF the state school funds
to include county bonds. This Is 4
step in the right direction. and. while
! believe this proposed amendment
should be ratified by your honorable
bodies. I would suggest the advis-
amendment. which if ultimately
after the former. permitting the in
vestment of the state school funds
in first mortgage loans on farm realty
after the manner of Oregon and GER
tain other States, and in the deben-
lures of rural credit associations. SIM
liar. to the LandSchaften system of
Germany, when ORGANIZED under the
provisions of any law recommended
for uniform adoption by the States
by the national commission investi-
eating such system.
A third constitutional amendment,
for which there is a general public
demand on the part OF all persons
cnnversant with the fiscal affairs IT
the State. relates to increasing our
borrowing power from its inadequate
limit of 100000. When Nevada was
organized as a State this limitation
was a wise provision, due TO small TT.
sources and a population which had
then to be considered as almost tran
STORY. The States development since
in wealth and stable population ne
cessitates a greater latitude for the
proper exercise of its credit The
experience of other States, counties
and municipalities leads to the con-
viction that the borrowing power ct
4 political sovereignty should be de-
fined, not by a specific sum-, but by
a flexible limitation. determined from
the computation OF a fixed per cent
Of its taxable property, which thus
expands automatically with its in
crease OF wealth.
lection of Senators by Direct Vote
of the People.
The attention of our honorable
bodies is called to the fact that the
Sixty-second Congress of the United
States proposed an amendment TO the
Federal constitution providing that
Senators shall be elected by the peo-
ple of the several States. and which |
herewith submit for your action, with
the recommendation that the same be
ratified:
Oh. ]. Res. 3e.)
Sixty-Second Congress of the United
States of America. At the
Second Session.
Begun and held at the CITY OF
Washington on Monday. the fourth
day of December, n tholsoand
nine hundred and eleven.
Joint Resolution.
Proposing an Amendment to the
Constitution providing that Senators
shau he e1ectad h1- tha naaa1o az the