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I don't have details for 1792, but the following are from James' Naval History for January 1793 (so probably good enough to get an idea of the relative strengths of the fleets). These cover the principal fleets. At Brest Ready or fitting for Sea; 1 120-gun ship of the line 2 110-gun ships of the line 4 80-gun ships of the line 12 74-gun ships of the line ...


2

For the most part they borrowed the money. A lot of the money was borrowed from France and Holland who were both eager to make trouble for the British. For example, in June of 1787 John Adams borrowed 1 million guilders from Holland on behalf of the Congress. The congress also issued a lot of domestic debt, notably bonds they called "loan-office ...


5

The Congress of the Confederation could "ascertain" and "appropriate" money from states or make "requisitions" on the States, as is stated in the Articles of Confederation: The United States in Congress assembled shall have authority . . . to ascertain the necessary sums of money to be raised for the service of the United States, and to appropriate ...



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