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Richard M. Boeckel, Editor.
New State Law to Control Local Finance
Acute Financial Distress of local governments in all parts of the country during the early years of the depression—in many cases the result of poor fiscal management by local officials—has given rise since 1930 to a great increase in state responsibility for local fiscal administration. Scattered efforts to control the fiscal affairs of local units, chiefly through the imposition of constitutional or statutory limits on tax rates or on the incurrence of debt, were made by a number of ...