...must be interwoven in the frame of the government a general power of taxation in one shape or another. Money is, with propriety, considered as the vital...ingredient in every constitution. From a deficiency ir this particular one of two evils must ensue: either the people must be subjected to continual plunder,...

...all probability be abused. The reply of " The Federalist " was complete : " Money," says Hamilton, " is, with propriety, considered as the vital principle...of two evils must ensue : either the people must be subject to continual plunder, as a substitute for a more eligible mode of supplying the public wants,...

...They prophesied that this power would be abused. "Money," said Hamilton, in reply to this objection, "is with propriety considered as the vital principle...of two evils must ensue: either the people must be subject to continual plunder, as a substitute for a more eligible mode of supplying the public wants,...

...They prophesied that this power would be abused. "Money," said Hamilton, in reply to this objection, "is with propriety considered as the vital principle...of two evils must ensue : either the people must be subject to continual plunder, as a substitute for a more eligible mode of supplying the public wants,...

...essential functions. A complete power, therefore, to procure a regular and adequate supply of revenue, as far as the resources of the community will permit,...fatal atrophy, and in a short course of time perish. In the Ottoman or Turkish empire, the sovereign, though in other respects absolute master of the lives...

...question. Without it, no government could long exist. As was said by Hamilton in The Federalist, No. 30: "Money is, with propriety, considered as the vital...atrophy, and, "in a short course of time, perish." Hamilton was, of course, arguing for a constitutional grant to the National Government of power to...

...most essential functions. A complete power therefore to procure a regular and adequate supply of it,2 as far as the resources of the community will permit,...fatal atrophy, and in a short course of time perish. In the Ottoman or Turkish empire, the sovereign, though in other respects absolute master of the lives...

...governmental responsibilities. In The Federalist, the proposition was formulated in these realistic terms : Money is, with propriety, considered as the vital...an indispensable ingredient in every constitution.' In the minds of the framers of the Constitution adequate revenue powers meant revenue powers that were...

...governmental responsibilities. In The Federalist, the proposition was formulated in these realistic terms : Money is, with propriety, considered as the vital...an indispensable ingredient in every constitution.* In the minds of the framers of the Constitution adequate revenue powers meant revenue powers that were...

...essential functions. A complete power, therefore, to procure a regular and adequate supply of revenue, as far as the resources of the community will permit,...an indispensable ingredient in every constitution. (30, p. 188) The view that taxation must be able to reach "as far as the resources of the community...