An Economic Interpretation of Rhode Island’s 1788 Referendum on the Constitution
Ruth Wallis Herndon () and
John E. Murray
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Ruth Wallis Herndon: Bowling Green State University
John E. Murray: Rhodes College
Chapter Chapter 8 in Public Choice Analyses of American Economic History, 2019, pp 117-135 from Springer
Abstract:
Abstract In their 1788 popular referendum, Rhode Island voters overwhelmingly rejected ratification of the Federal Constitution: 92% against and 8% for adoption. The town-by-town voter lists, correlated with tax and estate records, show that “yea” voters were significantly wealthier than “nay” voters. Available data also indicates that yea wealth was concentrated in personal estate rather than real estate. Both these findings support Charles Beard’s original economic interpretation of the Constitution. Our detailed data provides new evidence about town-level voters, supplementing the usual data Beard’s supporters and critics have used from state ratifying conventions and the Philadelphia constitutional convention. We trace the outlines of the scholarly debate, provide political and economic context for the Rhode Island referendum, report on our initial findings, and suggest further avenues of research and analysis.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stpchp:978-3-030-11313-1_8
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DOI: 10.1007/978-3-030-11313-1_8
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