Federalist Challenges in the 1790's

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Issue:

American History

 

Written by:

Frances C

 

Date added:

November 28, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 718

 

Was viewed:

4271 times

 

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Essay content:

At first, the taxing started off rather small, but then quickly grew into more expensive taxes. Madison believed that raising revenues would be better for the economy. The amount of taxes developed depended on the basis of a ship. If the Americans built the ship then they would pay a small amount; if foreign companies built the ship, then they would pay a greater tax than the Americans...
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If the Americans built the ship then they would pay a small amount; if foreign companies built the ship, then they would pay a greater tax than the Americans. The federalists also believed that the idea of a national bank could be plausible because of a line in the Constitution stating that anything that would benefit the country could be formed by the central government...
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