Law is to take care of rights, uphold justice and redress wrongs. Law ensures public order, stability, harmony, peace among the individuals within the state and inter-states. We can simply conceive that in the absence of regulation and authorized system there would have been disorder, unrest and chaos all around us.
Alexander Hamilton proposed that the brand new authorities take duty for the prevailing public debt. The funding and assumption of debts would require new sources of revenue, because the government would now need to pay interest on the loans it was accepting. Up to now, most government revenues had come from the sale of public lands in the West. Hamilton proposed two new kinds of taxes. One was an excise to be paid by distillers of alcoholic liquors, a tax that will fall most closely on the whiskey distillers of the backcountry, particularly in Pennsylvania, Virginia and North Carolina- … Read more