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Alexander Hamilton wanted the national bank to be able to do what?
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Why did Alexander Hamilton argue for the nation government to issue a charter for national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why did Alexander Hamilton think it was important to pay off government bonds?
First, he wanted to buy up all the bonds issued by the national and state governments before 1789. He planned to sell new bonds to pay off those old depts. When the economy improved, the government would be able to pay off the new bonds. Second, he wanted the national government to pay off depts owed by the states.
What were Jefferson's view on the national bank?
Jackson hated the Bank of the United States, and got his buddy James Madison over in Congress to try and block it. He thought it was a tool for the elite to overpower everyone else. He did everything to try and get it shot down.
Why did Alexander hamilton argue the united states could still charter a bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
What contributions did Alexander Hamilton make to economic development and why is he considered father of American capitalism?
Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.
Why did Alexander Hamilton argue for the national government to issues a charter for a national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why did Alexander Hamilton argue for the national government to issue a charter for national banks?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why did Alexander Hamilton argued for the national government to issue a charter for a national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why was the US able to become industrial nation?
The wants of Alexander Hamilton
Why did Alexander Hamilton argue for the nation government to issue a charter for national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why did Alexander Hamilton think it was important to pay off government bonds?
First, he wanted to buy up all the bonds issued by the national and state governments before 1789. He planned to sell new bonds to pay off those old depts. When the economy improved, the government would be able to pay off the new bonds. Second, he wanted the national government to pay off depts owed by the states.
Who pushed for a constitution convention and why?
Alexander Hamilton did he did this because he felt that his country was going under and would not be able to pull itself back out if he did not do something
What were Jefferson's view on the national bank?
Jackson hated the Bank of the United States, and got his buddy James Madison over in Congress to try and block it. He thought it was a tool for the elite to overpower everyone else. He did everything to try and get it shot down.
Why did Alexander hamilton argue the united states could still charter a bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
What contributions did Alexander Hamilton make to economic development and why is he considered father of American capitalism?
Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.
What type of economic system did Hamilton support?
Alexander Hamilton supported an economic system that was based on free enterprise. He felt that people should be able to start and maintain their own businesses to boost the economy of the United States for the best financial freedom of the country as a whole.
Who were Alexander Graham Bell's influences?
Because he wanted to be able to expand communication. And was able to do that by creating the phone to make long distance calls. So communication was easier
