Evolution Of American Political Economy And The Economy Itself From Essay

Evolution Of American Political saving And The Economy Itself From Approximately 1780 Through 1840 - Essay ExampleThe constitution was like a treaty agreement. It was called a compact of friendship. There was a continental congress that was composed of one chamber for ever give in. The congress neer had whatsoever right to create and enforce laws. This in cycle caused many issues to come up surrounded by the years 1780 through 1840. For example the enjoin of new-fangled York started to consider herself very weak since she was getting the supplies that her macrocosm used from crude Jersey. After the transaction took place, the people of New Jersey took away the money of New Yorkers and built their state, New Jersey. The people of Connecticut also were giving the people in Manhattan a croak for their money. They produced goods like fuel which they in turn hawked from door to a nonher door. They make lots of money from the New Yorkers who were busy wondering where they had f ailed and went wrong. The Connecticut people in turn used the money from Manhattan to build their state of Connecticut. This was because the leaders of New York were tied and they could not be able to protect their citizens. New York had resources but they were not able to trade the products even in their own state because of the constitution regulations. After a composition taxes were imposed in New York such that any product that was entering the state had to be taxed. This made the people of New Jersey and Connecticut to impose even higher taxes in their states for foreign products. The ii states even moved on to impose taxes for land. In the drafted constitution it was stated that there was no state that was to have its own military forces. That was to be the work of the central government. But since the work of the congress were tied, and their cash in hand were limited they could never bear with to have any military group that would guarantee the security of the joined Sta tes. The congress was limited to performing several tasks that could help it go away the operations of the United States. They could not afford to collect taxes from the citizens as it was not their mandate to do so. In 1781 the central government estimated that they would need 9million dollars to run the government in the next year. The government raised 5million through contracting, they said that they would borrow 4million in put to run the government fully. But unluckily by the end of the year they had managed to pay on 400,000 dollars to the treasury. In the same year, the congress was nearly giving up for the process of consolidating the funds to help them in track their governing activities. A five percent duty was imposed on all states. And this was done by all the states except New York which refused to contribute the gist. This was then followed by New Jersey which in turn refused to pay more money claiming that she was being treated poorly. She refused to contribute u ntil the New York government decreased the amount of taxes it had imposed on the products that were coming into the state from New Jersey. The first United States president had to raise up a country and among the first thing to do was to eliminate the warring states. The central government had to understand for a way to remove the militia in all the states. This was to be done without causing any trouble and in very silent way. The central government had to have a new crown city for the nation. This is where the central government was to be run from. The only cities that were popular were Philadelphia, New York