Why Americans adopted the Constitution.
"There is ample evidence that northern manufactures supported the federal Constitution because they hoped through uniform national tariffs to capture the southern market. Alexander Hamilton's early correspondence as treasury secretary under Washington is full of complaints that Americans continued to buy from abroad and pleas for duties. Thus, while the Constitution set up a free-trade zone within the states, it also created a closed or captive market, in which Americans would be free to buy within but not without."Forcing tariffs on the south was the same reason for the Civil War.
"Hence, by the mid-80s, a few wealthy speculators held most of the continental certificates."I bet they all ended up at the constitutional convention.
"The progressive historian Charles A. Beard shocked, shocked, the nation in 1913 with the publication of his Economic Interpretation of the Constitution of the United States. He pointed out that those who wanted a new national government were personally interested in the outcome, standing to benefit financially if it was ratified. Beard pointed out that "large and important groups of economic interests were adversely affected by the system of government under the Articles of Confederation, namely, those of public securities, shipping and manufacturing, money at interest; in short, capital as opposed to land." After failing to strengthen the Articles through amendments, the leaders of these groups united behind an effort to institute a new government with the powers to raise taxes, fund the debt, enact tariffs and navigation laws."Self interest, as always.
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