According to the reading, what was the one
financial obligation that the US government must
pay?
O wages to members of the army
O interest on the public debt
O duties on imports
DONE
Intro
To save American credit from destruction, it
was at least necessary that the interest on the
public debt should be paid. For this purpose
Congress in 1781 asked permission to levy a
five per cent. duty on imports. The modest
request was the signal for a year of angry
discussion. Donkeys fond of reasoning from
analogy asked, If taxes could thus be levied by
any power outside the State, why had we ever
opposed the Stamp Act or the tea duties?