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History, 15.12.2020 01:20 isabelacarraler

Read the quotation. “All bills of credit emitted, monies borrowed, and debts contracted by, or under the authority of Congress, before the assembling of the united states, in pursuance of the present confederation, shall be deemed and considered as a charge against the united states, for payment and satisfaction whereof the said united states, and the public faith are hereby solemnly pledged.”—Articles of Confederation, Article XII The main goal of this Article is to: 1. provide funding for public services and the running of the central government.
2. ensure the government had financial power and authority over the individual states.
3. place the responsibility of financing the central government on the states.
4. prevent the nation from collapsing from debt.

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