Note (Back) — Chapter XXXII

662. Powers.—The stipulations of the constitution which relate to finance are precise. "The ancient right of the Swedish people to tax themselves," it is affirmed, "shall be exercised by the Riksdag alone."[833] The king is required at each regular session to lay before the Riksdag a statement of the financial condition of the country in all of its aspects, both income and expenses, assets and debts. It is made the duty of the Riksdag to vote such supplies as the treasury manifestly needs and to prescribe specifically the objects for which the separate items of appropriation may be employed; also to vote two separate amounts of adequate size to be used by the king in emergency only, in the one instance in the event of war, in the other, when "absolutely necessary for the defense of the country, or for other important and urgent purposes."