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States, visiting Washington, trying to keep good personal
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relations between the State and Federal government . He
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doesn't have much time to watch the State Treasury, be-
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lieve me. I have had the experience now with several
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governors, and they have been good governors. I know how
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busy they are. I have represented them several times
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in interstate matters. You have to have somebody there
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to give this job full time.
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THE CHAIRMAN: Of course, Louis, isn't one of
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the answers to those who would suggest that all of the
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financial matters be directly in the hands of the Presi-
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dent, what they are really doing is looking at the Federal
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Constitution, which was formed in 1787? Now at that time,
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taxation and revenue was a small part of governmental
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function. As a matter of fact, when they tried to put on
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a tax, they had a war up in Pennsylvania.
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MR. GOLDSTEIN: The Whiskey Rebellion.
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THE CHAIRMAN: A full-scale war. They had to
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get the troops out. Other than perhaps Alexander
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Hamilton, there were very few people who thought about
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public revenues in those days, and it would be perfectly
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