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Alexander Hamilton created the idea of having a National Bank for the United States in order to try to pay off much of the National debt that had occured from the Revolutionary War. He thought that it would be benefitial because it would serve as a common place for the states and Treasury to place their money. With it, they would all have the same form of currency as well.

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13y ago
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6y ago

According to Wikipedia Hamilton believed a national bank was necessary to stabilize and improve the nation's credit, and to improve handling of the financial business of the United States government under the newly enacted constitution.

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Q: What were Alexander Hamilton's views on a Bank of the United States?
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