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The Articles of Confederation and Perpetual Union was an agreement among the 13 states of the United States, formerly the Thirteen Colonies, that served as the nation's first frame of government. It was debated by the Second Continental Congress at Independence Hall in Philadelphia between July 1776 and November 1777, and finalized by the ...
One of the most often claimed defects of the Articles of Confederation was its lack of a grant to the central government of the power to lay and collect taxes. [5] [6] Under the Articles, Congress was forced to rely on requisitions upon the governments of its member states. Without the power to independently raise its own revenues, the Articles ...
Alexander Hamilton in a 1792 portrait by John Trumbull. A new U.S. federal government began operating in 1789, following the ratification of the United States Constitution. The previous central government under the Articles of Confederation had been unable to levy taxes; it had borrowed money to meet expenses and fund the Revolutionary War, accumulating $54 million in deb
Shays's Rebellion was an armed uprising in Western Massachusetts and Worcester in response to a debt crisis among the citizenry and in opposition to the state government's increased efforts to collect taxes on both individuals and their trades. [ 2][ 3][ 4] The fighting took place in the areas around Springfield during 1786 and 1787.
Under the Articles of Confederation, however, the Continental Congress did not have the power to impose taxes or regulate commerce in the colonies, and thus could not generate sufficient funds for a war of attrition. [8]
Robert Morris (financier) Robert Morris Jr. (January 20, 1734 – May 8, 1806) was an English-born American merchant, investor [ 2] and politician who was one of the Founding Fathers of the United States. He served as a member of the Pennsylvania legislature, the Second Continental Congress, and the United States Senate, and he was a signer of ...
The Articles were widely criticized for creating a weak central government—the Confederation Congress—that was powerless to solve the nation's problems. [4] Under the Articles, Congress was unable to raise taxes to pay for a military or pay off foreign debts. It also lacked the authority to control foreign and interstate commerce. [5]
Federalist No. 21, written by Alexander Hamilton, highlights the defects in the Articles of Confederation. It was first published by The Independent Journal (New York) on December 12, 1787 under the pseudonym Publius, the name under which all The Federalist papers were published. It is titled " Other Defects of the Present Confederation ", and ...