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State-Issued Currency and the Ratification of the U.S. Consitution

Bibliographic Data

ID10104457
AuthorsMary M Schweitzer (Villanova University, corresponding author)
Year1989
Volume49
Issue2
Pages311-322
Publication date1989-06-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700007956
OpenAlexW2106067995
LanguageEN
Citations received5
References cited14

Paper money, a major component of the colonial money supply, was critical to the economic policies of the colonial legislatures. Why did the state legislatures relinquish the power to issue money to the new federal government through the ratification of the Constitution? Hostility between states with radically different philosophies regarding paper money raised concerns about the viability of the union, and it was this fear which led to the clause in the Federal Constitution that prohibited state paper money issues

Colonialism · Constitution · Currency · Economics · Government (linguistics · Legislature · Monetary economics · Negotiable instrument · Political science · Politics · Power (physics · Ratification · State (computer science · American Constitutional Law and Politics · Fiscal Policies and Political Economy · Law · Taxation and Compliance Studies

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Citations per year0.19
Citation span1999 - 2024 (26)
Highly citedNo

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