History of the Origin, Formation, and Adoption of the Constitution of the United States, Vol. 1: With Notices of Its Principle FramersCurtis, George Ticknor
History
History of the Origin, Formation, and Adoption of the Constitution of the United States, Vol. 1: With Notices of Its Principle Framers
Curtis, George Ticknor
Constitutional history -- United States
Among these persons, Hamilton and Madison were the most active; and the
part which they took, at this period, in the measures for sustaining the
sinking credit of the country, and the efforts which they made, are
among the less conspicuous, but not less important services, which those
great men performed for their country. Another plan was devised, after
the failure of that of 1781, for investing Congress with a power to
derive a revenue from duties, and, in April, 1783, its promoters
procured for it the almost unanimous consent of Congress. This plan
recommended the States to vest in Congress the power of levying certain
duties upon goods imported into the country, partly specific and partly
_ad valorem_; the proceeds of such duties to be applied to the discharge
of the interest or principal of the debts incurred by the United States
for supporting the war. The duties were to be collected by collectors
appointed by the States, but accountable to Congress. It also
recommended to the States to establish, for a term of twenty-five years,
substantial and effectual revenues, exclusive of the duties to be levied
by Congress for supplying their proportions of fifteen millions of
dollars annually, for the same purpose; and that, when this plan had
been acceded to by all the States, it should be considered as forming a
mutual compact, irrevocable by one or more of them without the consent
of the whole. It was also proposed that the rule of proportion fixed by
the Confederation should be changed from the basis of real estate to
the basis of population.
This plan was sent out to the States, accompanied by an address,
prepared by Mr. Madison, in which the necessity of the measure was urged
with much ability and force. Annexed to this paper were various
documents, exhibiting the nature and origin of the public debts, and the
meritorious characters of the various public creditors; the whole of the
Newburgh Addresses, and the proceedings of the officers; the contracts
made with the king of France; and a very able answer by Hamilton to the
objections of Rhode Island. No stronger and more direct appeal was ever
made to the sense of right of any people. Never was the cause of
national honor, public faith, and public safety more powerfully and
eloquently set forth.[180]
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