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The above referenced procedure should be followed unless , in the sole discretion of the Superintendent , the facts and circumstances with respect to the reason ( s ) for the reassignment do not warrant following such procedure . The ultimate objective of financial liberalization is market-determined interest rates , but experience has shown that , under conditions of a chronic lack of confidence , market-determined rates can be so high as to threaten the financial solvency of productive enterprises and government . However , public finances deteriorated , poverty remained widespread and sustained economic growth was hindered by , among other obstacles , inadequate infrastructure , poor governance , low investment , and limited financial intermediation . To lack the " clearness " of glass , or to be a " fair glass of light " that is corrupted within , is to lack an ethics entirely . Studies conducted in Italy have shown that , as is the case with Spanish youngsters , young Italians are leaving their homes later and later ( Zuanna , 1994 ; 2001 ) . The Supreme Court , for instance , when sitting on an appeal or writ of error from Pennsylvania or Maryland , exercises its jurisdiction over one of the confederated States , and therefore is strictly to be considered as the Supreme Court of an union of independent Republics , limited and restricted by those branches of sovereignty which they have not parted with ; when , on the contrary , it is sitting for the District of Columbia or the territory of Michigan , where there are no reserved rights that can be encroached upon , although still acting under the national authority , it is in those instances exercising the powers of the Supreme Court of the district or territory , which powers , I humbly conceive the Constitution never meant to limit . It may be questioned also whether the clauses in the Constitution which restrict the jurisdiction of the federal tribunals , were not solely intended to protect the retained sovereignty of the States from being encroached upon , and whether when those Courts are sitting in or for the District of Columbia or the Territories , where there is no independent sovereignty to be protected , the nature , and extent of their jurisdiction may not he sometimes derived from another source ?