0
Alexander Hamilton proposed paying the entire national debt at its face value in order to what?
Wiki User
∙ 12y ago
restore the nation's economic credit so that the government could raise money in the future.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What document was written by federalists to get support for the Constitution?
The Federalist Papers were a series of 85 anonymous articles (under the pen name Publius), written by Alexander Hamilton, James Madison, and John Jay. The entire set is available online at federali.st [http://federali.st/]
Why did Alexander Hamilton propose paying the entire national debt at it's face value?
To restore the nation's economic credit so that the government could raise money in the future.
Who was the New York delegate to the constitutional convention?
Alexander Hamilton was the only New York delegate to stay the entire length of the convention. The other 2 delegates, John Lansing and Robert Yates, were anti-Federalists from the get go and chosen to nullify any vote that Alexander Hamilton put out (as he was an ardent Federalist). They ended up leaving, and that left Hamilton as the only New York delegate. Since he was the only delegate from his state, he did not get a vote because there had to be 2. However, he still had a voice and he still signed the Constitution, and later wrote a good chunk of the 85 essays that make up the Federalist Papers.
How did alexander Hamilton help stregnthen the new nation?
Hamilton established the first National Bank of the U.S. to assume state debts. Hamilton used his loose constructionist views to ensure that America had a strong national government. Most Republicans have his view, that the government which governs the least governs the greatest.
How did President Hamilton promise to resolve national debt?
Alexander Hamilton wanted to pay the government's expenses. He was an economic conservative, with economic ideas similar to Washington's. To pay the expenses he asked Congress for a 5 percent tariff on imports. But the government also needed to establish a good credit rating with other nations. The new government was already about $56 million in debt. Hamilton proposed several steps: 1. Fund the entire Confederation-era debt at face value. This would show the good faith of the new government. 2. Assume the state's debts that had been contracted during and after the war. By paying back these loans, the government would again be showing its good credit. 3. The main pillar of Hamilton's fiscal plan was to establish a Bank of the United States. The BUS would have power over other banks, and basically control the economy of the US. Sort of like the FED operates today. Hamilton lost out on the tariff increase as farmers feared it would cost them too much to purchase the manufactured goods they needed from Europe. He also lost out on a projectionist tariff, as the rates remained low.
Alexander Hamilton proposed paying the entire national debt at its face value in order to?
restore the nation's economic credit so that the government could raise money in the future.
Why did Hamilton proposed paying the entire national debt at its face value?
To restore the nation's economic credit so that the government could raise money in the future.
What document was written by federalists to get support for the Constitution?
The Federalist Papers were a series of 85 anonymous articles (under the pen name Publius), written by Alexander Hamilton, James Madison, and John Jay. The entire set is available online at federali.st [http://federali.st/]
What are three ways in which the Constitution strengthened the national government?
It created a national bank, proposed the power to enforce tariffs and taxes to pay debt, and also that the entire national debt plus interest was to be paid in full
Why did Alexander Hamilton propose paying the entire national debt at it's face value?
To restore the nation's economic credit so that the government could raise money in the future.
Why did Federalists like Alexander Hamilton not want to place the impeachment process in the hands of the US Supreme Court?
Federalists like Alexander Hamilton and other Framers did discuss having the US Supreme Court handle the impeachment process. They believed as Hamilton did that the Court should not be involved. Actually, Hamilton wrote in the Federalist Papers, that impeachment was more than just an issue regarding the breaking of a law. Hamilton wrote that impeachment was primarily a political process to engage the interest of the entire US community.
Is Bethany Hamilton hawiin?
Bethany Hamilton has lived in Kauai, Hawaii for her entire life
Who was the New York delegate to the constitutional convention?
Alexander Hamilton was the only New York delegate to stay the entire length of the convention. The other 2 delegates, John Lansing and Robert Yates, were anti-Federalists from the get go and chosen to nullify any vote that Alexander Hamilton put out (as he was an ardent Federalist). They ended up leaving, and that left Hamilton as the only New York delegate. Since he was the only delegate from his state, he did not get a vote because there had to be 2. However, he still had a voice and he still signed the Constitution, and later wrote a good chunk of the 85 essays that make up the Federalist Papers.
How did alexander Hamilton help stregnthen the new nation?
Hamilton established the first National Bank of the U.S. to assume state debts. Hamilton used his loose constructionist views to ensure that America had a strong national government. Most Republicans have his view, that the government which governs the least governs the greatest.
What are Hamiltonians?
Hamiltonians were people who followed and supported the policies that Alexander Hamilton espoused on the fiscal affairs of the new union. Hamilton wanted a strong federal government relative to the states. Most importantly, though, Hamilton wanted the federal government to assume the debts that the various states had incurred in paying for the Revolutionary War. Some states had paid down much of their debts themselves and did not want the federal government to assume them. If it did, it would spread the cost of repayment of the entire debt among all of the states. This would have the effect of making some states pay for other states' debts. Hamilton had other fiscal ideas like having a national bank, which many states and people opposed. As it turned out, Hamilton's followers were diametrically opposed by Jefferson and Madison, sometimes referred to as Jeffersonians or Republicans.
What did alexander do before the invention of the iPod?
Alexander Graham Bell lived his entire life and died long before the invention of the iPod.
Where does Bethany Hamilton live now in 2012?
She lives in Kauai, Hawaii, where she has lived her entire life
