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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: ARTICLE VI All Debts contracted and Engagements entered into, before the Adoption of this Constitution, shall be as valid against the United States under this Constitution as under the Confederation.132 132 This was "a solemn assurance to public creditors and to the world that the public faith would be inviolably kept by the United States under its changed government." Hamilton put the debt of the Union at $11,710,378 owing in foreign countries and $42,414,085 of domestic debt. The States themselves owed $25,000,000, making debts in the aggregate of $79,000,000. The credit of the Colonies had sunk so low during the Revolution that had it not been for bankers in Holland and France the war for freedom must have failed. Thereafter the young States issued so much paper money and passed so many laws making it difficult for creditors to collect debts that it was considered necessary to give assurance to the world that the Nation would pay. . In like manner the Dominion of Canada assumed in its Constitution (1867) responsibility for existing debts. This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land;13S 133 This means that the Constitution itself is a law which it is the duty of the courts (State as well as National) touphold and enforce as they do all other laws. A law of Congress to be one of the supreme laws must be "made in pursuance thereof" and not in conflict with the Constitution. When not made in pursuance thereof it is of course unconstitutional and of no effect. " If the State governments had not been restrained from encroaching on the powers vested in the National Government," wrote Pre...
Detailangaben zum Buch - The Constitution of the United States
ISBN (ISBN-10): 0217579418 (ISBN-13: 9780217579414)
Buch in der Datenbank seit 2009-12-12T18:45:27+01:00 (Berlin)
Detailseite zuletzt geändert am 2010-04-26T20:35:43+02:00 (Berlin)
ISBN/EAN: 9780217579414
ISBN - alternative Schreibweisen:
0-217-57941-8
Alternative Schreibweisen und verwandte Suchbegriffe:
Autor des Buches: james norton
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