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The Hamilton's

Financial Plan stabilized the country as well as strengthen the industry. the united states was in dept and Alex Hamilton issued new securities bonds.

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What he said plus it was about tariffs and the hated failure excise taxes

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the US was in debt after the Rev. war, so Hamilton offered the ppl security bonds to be paid back by the government in a few years. it worked.

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14y ago
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11y ago
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12y ago

1. The Interest-Bearing Federal Bond Program: Money invested into the federal government. This increases debt, but also redefines the debt. There are two types of debt: foreign (money owed by the federal government to foreign nations) and public (money owed by the federal government to its people). We used to have foreign debt, but now we had public debt (which is the better debt to have).

2. Federal Assumption of State War Debt: The states had war debt, so the government says they will assume the debt and try to pay it off. This is to show the people that the government helps us, in response to Shay's Rebellion.

3. The First National Bank: A bank created and used by Congress to standardize financial policy for the states. This caused a dispute, and so to end the dispute, Hamilton agreed to move the national capitol from Pennsylvania down to Virginia in its own district called the District of Columbia.

4. The Hamilton Tax Plan: Tax Plan made up of two taxes: the Protective Tariff of 1789 and the excise tax on whiskey. The Protective Tariff of 1789 was a tax on imports to get Americans to buy more goods in the United States. This was because Alexander Hamilton was trying to start the manufacturing of goods in the United States. The excise tax on whiskey was a luxury tax because the people of the time drank whiskey like bottled water. This caused the Whiskey Rebellion.

Altogether, Hamilton's tax plan helped to stabilize the Treasury of the United States and was very successful in being the first financial policy of the United States.

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9y ago

Federalist Alexander Hamilton believed in a strong central government, and sought security for the young nation. His financial plans were to: 1. Establish the bank of the United Staes. 2. Pay back the national debt. 3. Impose direct taxes on people. 4. Put an import tariff in place.

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12y ago

Part 1: Pay off the foreign debt.

Part 2: Issue new bonds to cover old ones.

Part 3: Establish the National Bank.

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9y ago

Alexander Hamilton's financial plan included raising revenue and paying off the country's war debts. The plan also proposed establishing a national bank.

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Q: Hamilton's financial plan
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What was one of the constitutional debates surrounding Hamiltons financial plan?

One of the outcomes of the constitutional debate concerning the financial plan of Alexander Hamilton was the construction of the Treasury Department. Hamilton was the first Secretary of the Treasury.


Why did Jefferson oppose hamiltons financial plan?

For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.


What was one outcome of the constitutional debate surrounding Hamiltons financial plan?

One of the outcomes of the constitutional debate concerning the financial plan of Alexander Hamilton was the construction of the Treasury Department. Hamilton was the first Secretary of the Treasury.


What was hamiltons plan to repay debt?

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Alexander Hamilton's Financial Plan was a collection of three reports that Hamilton forwarded at the American parliament under the administration of George Washington. The three reports that constituted Alexander Hamilton's financial plan were known by the names of First report on public credit, second report on public credit and the report on manufacturers.


Why did antifederalists oppose Alexander hamiltons's plan?

Why did Antifederalists oppose Alexander Hamilton's plan


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HIS SMARTNESS LED HIM TO HAMILTONS PLANS


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Yes. Have you read the Federalist? Have you seen his financial plan? The list of reasons why he is smart is endless, but I think it would be easiest to find information on those two things.


Why did antifederalists oppose Alexander Hamiltons plan?

Why did Antifederalists oppose Alexander Hamilton's plan


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Why was hamiltons plan to solve the crisis controversial?

it was t0 go and start a war