In New York City, the Trust for Cultural Resources legislation continues the direction taken by incentive zoning by trading unused or underused air space with developers for certain public amenities. Since the legislation could easily be expanded, it could drastically affect the physical character of the city. (JMD)

In 1670 the British parliament granted a charter giving the Hudson's Bay Company a monopolistic right to trade furs in the lands draining into the Hudson and James Bays; this enactment would alter permanently the way of life of the native inhabitants of the fur-rich lands. The first fur trading post was Moose Factory. (ERB)

The concept of fiscal neutrality seeks to guarantee that a penny of tax effort in any district in the state, no matter how poor, will yield the same number of dollars per student for education as in any other district. Every district, in effect, would draw on the wealth of the state as a whole, but each district can decide for itself how much to…