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How did Hamilton propose to repay the national debt and what the response of the opposition?
Hamilton proposed an excise tax to repay the national debt by setting up a national bank. The opposition was that taxing was giving the federal government too much power and a National Bank was unconstitutional.
What else can I help you with?
How did hamilton propose to repay?
Hamilton proposed an excise tax to repay the national debt by setting up a national bank. The opposition was that taxing was giving the federal government too much power and a National Bank was unconstitutional.
What did hamilton propose for a banking system?
answer
What did hamilton propose to help erase the nation's debt?
Alexander Hamilton drafted his First Report on the Public Credit to outline a plan for eliminating the national debt. He did this at the request of Congress in order to pay of the debt and establish national credit.
How did Alexander Hamilton propose to handle the nation's finances?
Hamilton called for the creation of a national bank to manage the country's finances.
How do you propose an amendment via the national convention route?
To propose an amendment: 1. Two-thirds of both houses of Congress vote to propose an amendment, or 2. Two-thirds of the state legislatures ask Congress to call a national convention to propose amendments.
Did Alexander Hamilton propose in the constitutional convention that the president and senators serve life terms?
True.
Why did Alexander Hamilton propose a meeting of the delegates?
To discuss trade issues and to consider changing the Articles of Confederation.
How did Robert Morris propose to pay off the national debt left over from fighting the Revolutionary War?
He proposed 5% sales tax on imported goods.
What is a way to ammend the Constitution?
formal- congress propose/ national convention propose---- then state legislature/state convention can ratify
What are some romantic ways to propose to her?
There are many romantic ways to propose. Some people propose in a fancy restaurant, a national sporting event, special holidays and anniversaries and just spur of the moment.
How did Hamilton propose to encourage Americans to support local manufacturing?
Hamilton's main purpose and method of encouraging the growth of domestic business is by imposing tariffs on manufacturing foreign products across the world.
What programs did Adams propose that him unpopular?
Adams pushed for a program of economic growth through internal improvements,but his plan backfires and opposition to him grew.
