Article 6, Clause 1
Alexander Hamilton to Edward Carrington26 May 1792Papers 11:428
As to the third point, the question of an assumption of the State debts by the United States was in discussion when the convention that framed the present government was sitting at Philadelphia, and in a long conversation which I had with Mr. Madison in an afternoon's walk, I well remember that we were perfectly agreed in the expediency and propriety of such a measure; though we were both of opinion that it would be more advisable to make it a measure of administration than an article of Constitution, from the impolicy of multiplying obstacles to its reception on collateral details.
The Founders' Constitution
Volume 4, Article 6, Clause 1, Document 5
The University of Chicago Press
The Papers of Alexander Hamilton. Edited by Harold C. Syrett et al. 26 vols. New York and London: Columbia University Press, 1961--79. See also: Federalist
Easy to print version.