Federalist No. 30 (Hamilton)
Money is, with propriety, considered as the vital principle of the body politic; as that which sustains its life and motion, and enables it to perform its most essential functions.Read in Books4Free →
Taxation, Commerce, and Fiscal Power
From The Federalist Papers by Hamilton, Madison, Jay
Hamilton argues that a national government must have an unrestrained power to raise revenue commensurate with its responsibilities, since money is the vital principle of the body politic.
Federalist Nos. 30-36
Hamilton's sustained defense of an adequate and concurrent taxing power, against Anti-Federalist fears of consolidation.
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