Reasons for the Constitutional Convention
After the Revolutionary War, Congress had faced a huge debt. The United States owed money to the French since they aided support to the war. The government did not have a straightforward plan to meet its financial debt. They did not have right to tax; they could only request money, and had no control over commerce.
Americans bought bonds to help support the war and in return, would be repaid in full at an agreed-upon interest rate. A government refusing to repay its war debts, including the interest owed to bondholders, would seem untrustworthy to lenders. Citizens would hesitate to invest their savings in U.S. government bonds, or in new businesses, knowing that the government might break its promise to repay or might allow others to do so. In other words, the U.S. government was severely restricted in its capacity t...
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...stitutional Rights Foundation. Retrieved Feburary 10, 2014, from The Major Debates at the Constitutional Convention: http://crf-usa.org/bill-of-rights-in-action/bria-25-2-the-major-debates-at-the-constitutional-convention.html
Exploring Constitutional Conflicts. (n.d.). The Constitutional Convention of 1787 in Philadelphia. Retrieved February 10, 2014, from The Constituional Convention of 1787: http://law2.umkc.edu/faculty/projects/ftrials/conlaw/convention1787.html
The U.S. National Archives. (n.d.). National Archives. Retrieved February 10, 2014, from Observing Constitutional Day: http://www.archives.gov/education/lessons/constitution-day/ratification.html
Wadsworth Cengage Learning. (2010). Gateways To Democracy The Essentials. In J. G. Geer, W. J. Schiller, J. A. Segal, & D. K. Glencross, An Introduction To American Government (pp. 43-49). Boston: Suzanne Jeans.
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