Existing comment:
"1 Objections to the present confederation
I Entrusts the great interests of the nation to hands incapable of managing them --
All matters in which foreigners are concerned --
The care of the public peace: DEBTS
Power of treaty without power of execution
Common defence without power to raise troops -- have a fleet -- raise money
Power to contract debts without the power to pay --
These great interests of the state must be well managed or the public prosperity must be the victim -- " |