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
The efforts of Hamilton to effect a change in the rule of the
Confederation, as to the ratio of contribution by the States to the
treasury of the Union, also evince both the defects of the existing
government and the foresight with which he would have obviated them, if
he could have been sustained. The rule of the Confederation required
that the general treasury should be supplied by the several States in
proportion to the value of all lands within each State, granted or
surveyed, with the buildings and improvements thereon, to be estimated
according to such mode as Congress should from time to time direct and
appoint; the taxes for paying such proportion to be laid and levied by
the State legislatures, within the time fixed by Congress. But Congress
had never appointed any mode of ascertaining the valuation of lands
within the States. The first requisition called for after the
Confederation took effect was apportioned among the several States
without any valuation,--provision being made by which each State was to
receive interest on its payments, as far as they exceeded what might
afterwards be ascertained to be its just proportion, when the valuation
should have been made.[193] At the outset, therefore, a practical
inequality was established, which gave rise to complaints and jealousies
between the States, and increased the disposition to withhold compliance
with the requisitions. The dangerous crisis in the internal affairs of
the country which attended the approach of peace, had arrived in the
winter and spring of 1783, and nothing had ever been done to carry out
the rule of the Confederation, by fixing upon a mode of valuation. When
the discussion of the new measures for sustaining the public credit came
on, three courses presented themselves, with regard to this part of the
subject;--either, first, to change the principle of the Confederation
entirely; or, secondly, to carry it out by fixing a mode of valuation,
at once; or, thirdly, to postpone the attempt to carry it out, until a
better mode could be devised than the existing state of the country then
permitted.
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