He proposed a three part financial plan to Congress in 1790 to improve the nation's finances: 1.) Pay off all war debts 2.) Raise government revenues 3.) Create a national bank
Alexander Hamilton implemented a plan to address the nation's debt in three main ways. First, he consolidated all of the states' debts into one national debt, increasing the federal government's creditworthiness. Second, he proposed the creation of a national bank to manage the country's finances and stabilize the economy. Lastly, Hamilton advocated for the imposition of tariffs and excise taxes to generate revenue and pay down the debt. Collectively, these actions played a pivotal role in getting the nation out of debt.
Alexander Hamilton
Yes.
they viewed him as a successful secretary since he established a financial plan for the new nation that was in a drastic debt. = ] hope that helped!
Novanet: The plan would enrich investors and promote new businesses.
what deal helped to win the support for alexander hamilton's debt plan from southern states
he slept
Alexander Hamilton
because our new nation was in debt after the war against Britain
developing a strong commercial and industrial economy
Jefferson wanted to pay off the debt; Hamilton did not.
Jefferson wanted to pay off the debt; Hamilton did not.
Yes.
Alexander Hamilton
they viewed him as a successful secretary since he established a financial plan for the new nation that was in a drastic debt. = ] hope that helped!
Novanet: The plan would enrich investors and promote new businesses.
what deal helped to win the support for alexander hamilton's debt plan from southern states
Jefferson wanted to pay off debt. Hamilton did not. CB