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Why did Hamilton think it was important to pay the national debt the domestic debt and the state debts?
Wiki User
∙ 12y ago
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Wiki User
∙ 12y ago
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How did thomas view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did hamilton think that federal payment of state debts would influence the states?
Hamilton thought that it would give the states a strong interest in the success of the national government.
Hamiltonians and jeffersonians?
Hamiltonians are the people that supported Alexander Hamilton's viewpoint of helping other states pay off debts and creating a national bank. While some states had already paid off their debts, they were not very happy about his idea of helping to pay everyone else's debts. Jeffersonians were the people who supported Jefferson and Madison and opposed Hamilton's ideas and the creation of the national bank.
How was the payment of the national debt conflict between Jefferson and Hamilton resolved?
The government repaid the war debts and a new capital would be in the South.
What is the Alexander Hamilton economic plan?
1. Deal with the debt - take on the foreign and domestic debt by replacing creditors old low value bonds with new intrest bearing bonds. - Take over most of the sates $25 million Revolutionary war debts. 2. Gain Revenue - Pass a tariff to both bring money and help American manufacturing 3. Stabilize the Banking System - Create a national bank - Create a national mint
Why did Hamilton thinking important to pay the national debt the domestic debt and the state debt?
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Why did Hamilton think it was important to pay the national debt domestic debt and the state debt?
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
How did Jefferson's view of the national debt differ from that of Alexander Hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson view of national debt differ from that of Hamilton's?
Jefferson wanted to pay off debts; Hamilton did not.
How did thomas view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton'?
Jefferson wanted to pay off debts; Hamilton did not.
How did thomas Jefferson view the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson's view of the national debt differ from that Alexander Hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton's?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson view of national debt differ from that of Alexander Hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did Thomas Jefferson’s view of the national debt differ from that of Alexander Hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did thomas Jefferson view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
