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Recently, in clearing the livestock off of
the farm, someone not too familiar with
farming undertook to do so. Later, he met
his friend who was very little more knowl-
edgeable and he told him that he had gotten
the livestock off and everything was straight
but there was an animal there that I did
not know what to do with and just to be
rid of him, I shot him. As he described
him, his friend said, "You fool, that was a
farmer." (Laughter.)
THE CHAIRMAN: Are there any
amendments to section 8.02?
(There was no response.)
The Chair hears none.
Are there any amendments to section
8.02-1?
(There was no response.)
The Chair hears none.
Are there any amendments to section
8.02-2?
(There was no response.)
Delegate Case, do you desire to offer
your amendment E?
DELEGATE CASE: No, sir.
THE CHAIRMAN: Are there any other
amendments to section 8.02-2?
(There was no response.)
The Chair hears none.
The question now arises on the approval
of the Committee Recommendation SF-3.
Are you ready for the question?
(Call for the question.)
The question arises on the approval of
Committee Recommendation SF-3. A vote
Aye is a vote in favor of the recommenda-
tion. A vote No is a vote against. Cast
your vote.
Has every Delegate voted? Does any
Delegate desire to change his vote?
(There was no response.)
The Clerk will record the vote.
There being 105 votes in the affirmative
and none in the negative, Committee Rec-
ommendation SF-3 is approved. (Applause.)
The Chair recognizes Delegate Sherbow
for the presentation of Committee Recom-
mendation SF-4.
For what purpose does Delegate Pornos
rise?
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DELEGATE FORNOS: For a point of
personal privilege.
THE CHAIRMAN: State the privilege.
DELEGATE FORNOS: Mr. Chairman
and fellow delegates, I would like to have
the opportunity of introducing Mrs. Roberta
Smith.
THE CHAIRMAN: We are delighted to
have you here. (Applause.)
Delegate Sherbow.
DELEGATE SHERBOW: Mr. Chairman
and ladies and gentlemen of the Committee :
If we can now keep that boy down on
the farm and come back to Annapolis and
proceed with the problem that affects every-
body, namely indebtedness, I think we can
move on but I could not finish without ex-
pressing to all of you on behalf of our
Committee our appreciation for the mag-
nificent manner in which our Vice Chair-
man and member of the committee, Dele-
gate Case, has handled the matter which
was just concluded. We are now presenting
to you a report with a series of recom-
mendations dealing with the subject of
state indebtedness. This comes to you in
just two sections, but if I were to assess
any section of the constitution and say this
is of tremendous importance or that section
is of tremendous importance, I would get no
argument from anyone on the subject now
before us. Unfortunately, this subject is
loaded with technicalities, technical prob-
lems, meaning of words, what they mean
when used in a constitutional sense where
they do not mean the same thing when
used in everyday parlance. These words of
art have come to have special meanings
in this field we are now embarking on.
Unfortunately, in this presentation, those
of you who are sophisticated in this field
of finance and matters relating to state
indebtedness will be bored. Those who are
not sophisticated, I hope at least you will
pay some attention because I am address-
ing myself as much to those who are not
members of the bar and who have no spe-
cial knowledge in this field as I am to those
others.
Maryland has a history with respect to
its indebtedness that perhaps mirrors the
whole history of our country. At some
stage, everybody thought they knew a sure
winner and they invested heavily in the
sure winner and then, as usual, came the
day of reckoning when the bubble burst
and this happened in the State of Mary-
land when the United States in its push
toward the West began to provide means
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