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Federalist No. 78 is an essay by Alexander Hamilton, the seventy-eighth of The Federalist Papers. Like all of The Federalist papers, it was published under the pseudonym Publius . Titled " The Judiciary Department ", Federalist No. 78 was published May 28, 1788, and first appeared in a newspaper on June 14 of the same year.
The Federalist Papers is a collection of 85 articles and essays written by Alexander Hamilton, James Madison, and John Jay under the collective pseudonym "Publius" to promote the ratification of the Constitution of the United States. The collection was commonly known as The Federalist until the name The Federalist Papers emerged in the ...
Many of the Founding Fathers accepted the notion of judicial review; in Federalist No. 78, Alexander Hamilton wrote: "A Constitution is, in fact, and must be regarded by the judges, as a fundamental law. It therefore belongs to them to ascertain its meaning, and the meaning of any particular act proceeding from the legislative body.
Created: September 17, 1787 [1] Presented: September 28, 1787 [2] Ratified: June 21, 1788 [3] Date effective: March 4, 1789 [4]. The bibliography of the United States Constitution is a comprehensive selection of books, journal articles and various primary sources about and primarily related to the Constitution of the United States that have been published since its ratification in 1788.
Direct taxation by the federal government was widely unpopular, and the government's revenue under Washington had mostly come from excise taxes and tariffs. Though Washington had maintained a balanced budget with the help of a growing economy, increased military expenditures threatened to cause major budget deficits, and Hamilton, Wolcott, and ...
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Federalist No. 79 Alexander Hamilton, author of Federalist No. 79 Author Alexander Hamilton Original title The Judiciary Continued Language English Publisher J. & A. McLean The Independent Journal, New York Packet, The Daily Advertiser Publication date May 28, 1788 June 18, 1788 Publication place United States Media type Book, Newspaper Preceded by Federalist No. 78 Followed by Federalist No ...
Using the Rule of 78, a $5,000 personal loan with an interest rate of 11 percent over 48 months and a $150/mo payment would incur an interest charge of $89.80 in the first month.