About: Funding Act of 1790

Facets (new session)
Description
Metadata
Settings
- Rule:
- Inverse Functional Properties:
- "Same As":

About: Funding Act of 1790 Goto Sponge NotDistinct Permalink

An Entity of Type : owl:Thing, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
QRcode icon

http://dbpedia.demo.openlinksw.com/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FFunding_Act_of_1790&invfp=IFP_OFF&sas=SAME_AS_OFF

The Funding Act of 1790, the full title of which is An Act making provision for the [payment of the] Debt of the United States, was passed on August 4, 1790, by the United States Congress as part of the Compromise of 1790, to address the issue of funding (debt service, repayment, and retirement) of the domestic debt incurred by the state governments, first as Thirteen Colonies, then as states in rebellion, in independence, in Confederation, and finally as members of a single federal Union. By the Act the newly-inaugurated federal government under the U.S. Constitution assumed and thereby retired the debts of each of the individual colonies in rebellion and the bonded debts of the States in Confederation, which each state had individually and independently issued on its own "full faith and

Attributes	Values
rdfs:label	Funding Act of 1790 (en)
rdfs:comment	The Funding Act of 1790, the full title of which is An Act making provision for the [payment of the] Debt of the United States, was passed on August 4, 1790, by the United States Congress as part of the Compromise of 1790, to address the issue of funding (debt service, repayment, and retirement) of the domestic debt incurred by the state governments, first as Thirteen Colonies, then as states in rebellion, in independence, in Confederation, and finally as members of a single federal Union. By the Act the newly-inaugurated federal government under the U.S. Constitution assumed and thereby retired the debts of each of the individual colonies in rebellion and the bonded debts of the States in Confederation, which each state had individually and independently issued on its own "full faith and (en)
dcterms:subject	History of Washington, D.C. Acts of the 1st United States Congress
Wikipage page ID	31044094 (xsd:integer)
Wikipage revision ID	1101570467 (xsd:integer)
Link from a Wikipage to another Wikipage	State governments of the United States United States Congress United States Constitution United States Department of the Treasury United States House of Representatives United States Secretary of the Treasury United States Treasury security Debt Interest rate History of Washington, D.C. Acts of the 1st United States Congress Sinking fund George Washington Credit Thirteen Colonies Compromise of 1790 Funding Act of 1870 Par value Alexander Hamilton American Revolution Federal government of the United States History of the United States public debt Articles of Confederation Domestic debt First Report on the Public Credit U.S. Constitution dbr:S:United_States_Statutes_at_Large/Volume_1/1st_Congress/2nd_Session/Chapter_34
Link from a Wikipage to an external page	https://fraser.stlouisfed.org/title/1105 http://www.nber.org/papers/w3597.pdf http://galenet.galegroup.com/servlet/MOME%3Faf=RN&ae=U105090144&srchtp=a&ste=14%3E
sameAs	Funding Act of 1790 Funding Act of 1790 Funding Act of 1790
dbp:wikiPageUsesTemplate	dbt:Cite_journal dbt:Reflist dbt:Short_description dbt:Wikisource dbt:JSTOR dbt:Alexander_Hamilton
has abstract	The Funding Act of 1790, the full title of which is An Act making provision for the [payment of the] Debt of the United States, was passed on August 4, 1790, by the United States Congress as part of the Compromise of 1790, to address the issue of funding (debt service, repayment, and retirement) of the domestic debt incurred by the state governments, first as Thirteen Colonies, then as states in rebellion, in independence, in Confederation, and finally as members of a single federal Union. By the Act the newly-inaugurated federal government under the U.S. Constitution assumed and thereby retired the debts of each of the individual colonies in rebellion and the bonded debts of the States in Confederation, which each state had individually and independently issued on its own "full faith and credit" when each of them was, in effect, an independent nation. Through the new Department of the Treasury, the U.S. government issued U.S. Treasury Securities backed by the "full faith and credit" of the United States and offered them to the bondholders of the former States' and Confederation's bonded debts at par—that is, at 100% of the state bonds' face value (full assumption) and at rates of interest (and all other terms) that were as specified on the bonds when they were issued by the states and Confederation. When that was done, "full assumption" of state debts by the federal government had thereby occurred through the issue of federal securities and, for the states of the new Union, the full and complete retirement of their bonded obligations incurred in the Revolution and the Confederation. (en)
prov:wasDerivedFrom	wikipedia-en:Funding_Act_of_1790?oldid=1101570467&ns=0
page length (characters) of wiki page	9514 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Funding_Act_of_1790
is Link from a Wikipage to another Wikipage of	Presidency of George Washington List of United States federal legislation, 1789–1901 Bird, Savage & Bird Democratic-Republican Party List of sovereign debt crises Patrick Henry Residence Act Debt assumption George Washington Compromise of 1790 1st United States Congress Bank Bill of 1791 William Branch Giles Alexander Hamilton (film) Alexander White (Virginia politician) Censure in the United States History of the United States public debt James Madison Tariff of 1791 John Adams Oliver Ellsworth Assumption Bill of 1790 Funding act Funding and Assumption Act
is Wikipage redirect of	Assumption Bill of 1790 Funding act Funding and Assumption Act
is foaf:primaryTopic of	wikipedia-en:Funding_Act_of_1790

Faceted Search & Find service v1.17_git139 as of Feb 29 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 67 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software