According to Thomas Jefferson, when the matter of how the treasury would be funded was first discussed in 1776, there was debate in Congress over how to determine the amount of money each state should furnish to the common treasury. At first it was suggested that each state supply money in proportion to its number of inhabitants, however, there was not a common agreement as to who constituted an inhabitant. It was also suggested that property be used to determine a state's quota, but again, what constitutes property? Pages 43-49 of Jefferson's autobiography contain Jefferson's recollections of this discussion.

Title page of the Autobiography of Thomas Jefferson: 1743-1790.

This image is the title page of the Autobiography of Thomas Jefferson: 1743-1790. The PDF is of pages 43-49 and are the notes of Thomas Jefferson from his recollection of a discussion that occurred regarding what method should be used to determine a state's obligation to fund the treasury in the Articles of Confederation.