Presents the text of an enquiry made in 1726 concerning the nature and necessity of paper currency. The detrimental effects of high interest on a nation's trade; Benefits of paper currency in encouraging trade and production.
*POLITICAL attitudes, UNITED States history, 1783-1815, UNITED States politics & government, 1783-1789
Abstract
The article presents the text of the Federalist Papers, No. 1 through 85, written by Alexander Hamilton, James Madison and John Jay in 1787 encouraging New York voters to support the American Constitution. Federalist numbers 2 through 5 concern the dangers from foreign force and influence. Numbers 6 and 7 concern the dangers from dissensions between the states. Number 8 concerns the consequences of hostilities between states. Numbers 9 and 10 posit the union as a safeguard against domestic faction and insurrection. Number 11 focuses on the utility of the union in respect to commercial relations and a navy.