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An economic interpretation of the Constitution of the United States

Note 645 — Chapter X · THE ECONOMICS OF THE VOTE ON THE CONSTITUTION

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On September 3, 1787, the Connecticut Courant in a letter from Philadelphia (Aug. 24) says: “One of the first objects with the national government to be elected under the new constitution, it is said, will be to provide funds for the payment of the national debt, and thereby restore the credit of the United States, which has been so much impaired by the individual states. Every holder of a public security of any kind is, therefore, deeply interested in the cordial reception and speedy establishment of a vigorous continental government.”

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