Page:The Records of the Federal Convention of 1787 Volume 3.djvu/365

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which the States had sunk, as well as that which remained unpaid; had it not been for this objection, I believe that the very provision which gentlemen say was never expected, would have been incorporated in the Constitution itself. If I recollect rightly, it was also contended, in Convention, that the proposition would be useless, as Congress were authorized, under other parts of the Constitution, to make full provision on this head. From this circumstance, gentlemen will see that the assumption of the State debts was in contemplation from the very commencement of the new Government.


ⅭⅭⅬⅢ. Tench Coxe to James Madison.[1]

Philada. March 31, 1790—

I will mention to you confidentially that great pains have been heretofore taken to restrain Applications to the general Government on the subject of the slave trade. A very strong paper was drawn & put into my hands to procure the signature of Dr. Franklin to be presented to the federal convention—I enclosed to the Dr. with my opinion that it would be a very improper season & place to hazard the Application considering it as an over zealous act of honest men.


ⅭⅭⅬⅣ. James Madison in the House of Representatives.[2]

April 22, 1790.

One of my colleagues has asked a very proper question—If, as we have been told, the assumption originated in the Convention, why were not words inserted that would have incorporated and made the State debts part of the debts of the United States? Sir, if there was a majority who disapproved of the measure, certainly no argument can be drawn from this source; if there was a majority who approved of it, but thought it inexpedient to make it a part of the Constitution, they must have been restrained by a fear that it might produce dissensions and render the success of their plan doubtful. I do recollect that such a measure was proposed; and, if my memory does not deceive me, the very gentleman[3] who now appeals to the Constitution in support of his argument, disrelished the measure at that time, and assigned for a reason, that it would administer relief perhaps exactly in proportion as the States had been deficient in making exertions.

  1. Documentary History of the Constitution, Ⅴ, 239.
  2. Annals of Congress, First Congress, Ⅱ, 1538.
  3. Gerry, see ⅭⅭⅬⅡ above.