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When the war ended, the United States had spent $37 million at the national level and $114 million at the state level. The United States finally solved its debt problems in the 1790s when Alexander Hamilton founded the First Bank of the United States in order to pay off war debts and establish good national credit. [37]
The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was an armed conflict that was part of the broader American Revolution, in which American Patriot forces organized as the Continental Army and commanded by George Washington defeated the British Army.
Congress and the American states had no end of difficulty financing the war. [28]: 23–44 In 1775 there was at most 12 million dollars in gold in the colonies, not nearly enough to cover existing transactions, let alone on a major war. The British government made the situation much worse by imposing a tight blockade on every American port ...
The history of the United States from 1776 to 1789 was marked by the nation's transition from the American Revolutionary War to the establishment of a novel constitutional order. As a result of the American Revolution, the thirteen British colonies emerged as a newly independent nation, the United States of America, between 1776 and 1789 ...
(1765–1775) United Colonies (1775–1781) United States (1781–1783) Outcome: Independence of the United States of America from Great Britain; Dissolution of British America, formation of British North America and Spanish Florida; End of the First British Empire; Began the Age of Revolution; World's first federal republic founded on the ...
Response of the Continental Congress to the Conciliatory Resolution, published in a New England newspaper in 1775. The Conciliatory Resolution was a resolution proposed by Lord North and passed by the British Parliament in February 1775, in an attempt to reach a peaceful settlement with the Thirteen Colonies about two months prior to the outbreak of the American Revolutionary War. [1]
The revolutionary era is generally considered to have begun with the passage of the Stamp Act in 1765 and ended with the ratification of the United States Bill of Rights in 1791. The military phase of the revolution, the American Revolutionary War, lasted from 1775 to 1783.
The Declaration of the Causes and Necessity of Taking Up Arms was a Resolution adopted by the Second Continental Congress on July 6, 1775. Written by Thomas Jefferson and revised by John Dickinson, [1] the Declaration explains why the Thirteen Colonies had taken up arms in what had become the American Revolutionary War.