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History, 06.05.2020 20:31 meli6552

The state of Connecticut will contribute about one thirty-eighth; her proper quota would be about one thirteenth. Here then is a saving of two-thirds to the state of Connecticut; and in that proportion is her situation better under the new Constitution than the old. Taking the States eastward of New-York altogether, that the gentlemen say are rendered incapable of bearing the [burden] of the state debts, by the adoption of the new constitution; I say, take the whole together, and they will contribute about a sixth only; whereas they would have had to contribute a fourth, if this constitution had not been established, and they had paid their part of the debt of the United States." - James Madison, 1790 How was the disagreement as outlined in the excerpt ultimately solved? A) defaulting on loans from France and other nations B) funding the national debt at lower than full value C) instituting a new tax on the producti

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