The Dig: Founding Finance with William Hogeland
Jacobin Radio
00:00
The Newberg Crisis
In 1783, Robert Morris and Alexander Hamilton were trying to get a tax on imports passed. The idea was to fund the bondholding class with money raised by an import tax. But they couldn't get it passed because states rights people didn't want national government. They then tried to leverage this threat of coup against Congress in order to force them to pass the tax.
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Transcript
