The Power of the Purse a History of American Public Finance 1776 1790
The Power of the Purse a History of American Public Finance 1776 1790
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In our eReader you can find the full English version of the book. Read The Power of the Purse a History of American Public Finance 1776 1790 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Power of the Purse a History of American Public Finance 1776 1790
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The meeting proposed a state convention to take some kind of unified action, and a committee was appointed to correspond with creditors in other parts of the country with a view to holding a na- tional convention.^* Besieged by creditors and goaded by its grimly determined Super- intendent of Finance, Congress settled down to an almost continuous discussion of methods of funding the enlarged debts it would hold after the war. A grand committee agreed in principle on the necessity for federal ta...xes on land, polls, and whiskey; but each of these pro- posals was voted down on the floor. Divergence of interest among the states prevented agreement on any specific tax beyond the impost, and Congress was disposed to wait for its adoption before proceed- ing further. Since, by the late summer of 1782, all the states had given their consent except Rhode Island, the impost seemed on the verge of success. Scarcely conceiving that a negative reply was possi- ble, Congress peremptorily asked the state legislature for an imme- diate decision.
What to read after The Power of the Purse a History of American Public Finance 1776 1790?
You can find similar books in the "Read Also" column, or choose other free books by E James Elmer James Ferguson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The meeting proposed a state convention to take some kind of unified action, and a committee was appointed to correspond with creditors in other parts of the country with a view to holding a na- tional convention.^* Besieged by creditors and goaded by its grimly determined Super- intendent of Finance, Congress settled down to an almost continuous discussion of methods of funding the enlarged debts it would hold after the war. A grand committee agreed in principle on the necessity for federal ta...xes on land, polls, and whiskey; but each of these pro- posals was voted down on the floor. Divergence of interest among the states prevented agreement on any specific tax beyond the impost, and Congress was disposed to wait for its adoption before proceed- ing further. Since, by the late summer of 1782, all the states had given their consent except Rhode Island, the impost seemed on the verge of success. Scarcely conceiving that a negative reply was possi- ble, Congress peremptorily asked the state legislature for an imme- diate decision.
What to read after The Power of the Purse a History of American Public Finance 1776 1790?
You can find similar books in the "Read Also" column, or choose other free books by E James Elmer James Ferguson to read onlineMoreLess
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