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In doing some research into the economic causes and influences to the drafting of the Constitution, I came across a letter written by General Henry Knox to George Washington in 1786.
The new nation was going through a depression as a result of the Revolutionary War, and the Articles of Confederation made no stipulation for a standardized national currency, so each state had their own individual forms of money. All these factors made for an unreliable (at best) economic climate, and many farmers and small merchants were unable to pay back loans in the form of paper money, as a result, many homes, property, equipment, and other assets were seized by the government and given to the creditors as payment on loans. This caused a feeling of hopelessness in the lower classes, and many rebellions swept across the northern New England states in protest of the current Economic system, the feeling was summed up in the Knox letter to Washington:
"The people who are the insurgents have never paid any, or but very little taxes-But they see the weakness of government; They feel at once their own poverty, compared with the opulent, and their own force, and they are determined to make use of the latter, in order to remedy the former. Their creed is 'That the property of the United States has been protected from the confiscations of Britain by the joint exertions of all, and there ought to be the common property of all. And he that attempts opposition to this creed is an enemy to equity and justice, and ought to be swept from off the face of the earth.'"
Their logic was, if the Revolutionary Army had prevented the seizure of lands by England, than the lands of America should be the property of all Americans. Flawed logic, I know, but interesting none the less.
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