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
In the year 1786, a sum of more than three millions was wanted for the
current demands on the treasury, and a new requisition was made for it,
under the old rule of the Confederation.[222] Two of the States, Rhode
Island and New Jersey, thereupon passed acts, making their own paper
currency receivable on all arrears of taxes due to the United States,
and proposing to pay their quotas in such currency.[223]
But the entire inadequacy of this source of supply to maintain the
federal government, and to discharge the annual public engagements, had
now become but too apparent. From the 1st of November, 1781, to the 1st
of January, 1786, less than two and a half millions of dollars had been
received from requisitions made during that period, amounting to more
than ten millions.[224] For the last fourteen months of that interval,
the average receipts from requisitions amounted to less than four
hundred thousand dollars per annum, while the interest alone due on the
foreign debt was more than half a million; and, in the course of each of
the nine following years, the average sum of one million, annually,
would become due by instalments on the principal of that debt.[225] In
addition to this, the interest on the domestic debt; the security of the
navigation and commerce of the country against the Barbary powers; the
immediate protection of the people dwelling on the frontier from the
savages; the establishment of military magazines in different parts of
the Union, quite indispensable to the public safety; the maintenance of
the federal government at home, and the support of the public servants
abroad,--each and all depended upon the contribution of the States under
the annual requisitions, and were each and all likely to be involved in
a common failure and ruin.[226]
There can be no doubt that the continuance of the practice of making
requisitions, after the proposal of the revenue system of 1783, had some
tendency to prevent the adoption of that system by the States. But there
was no other alternative within the constitutional reach of Congress;
and in the mean time, the revenue system, submitted as it necessarily
was to the legislatures of thirteen different States, was, as far as it
was assented to, embarrassed with the most discordant and irreconcilable
provisions. It was ascertained in February, 1786, that seven of the
States had granted the impost part of the system, in such a manner,
that, if the other six States had made similar grants, the plan of the
general impost might have been immediately put into operation.[227] Two
of the other States had also granted the impost, but had embarrassed
their grants with provisos, which suspended their operation until all
the other States should have passed laws in full conformity with the
whole system.[228] Two other States had fully acceded to the system in
all its parts;[229] but four others had not decided in favor of any part
of it.[230]
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