cause when war was over he wanted the nation to have a bank because they were in large debt
he had plans to set up a national bank ~Alexander Hamilton
Alexander Hamilton
Alexander hamilton
Alexander Hamilton
Alexander Hamilton had plans to set up a national bank in the United States to establish a sound financial system, promote economic development, and centralize government control over monetary policy.
It was Alexander Hamilton.
Hamilton hoped to provide financial order, precedence, and clarity, for the new-found United States. He also hoped to develop country and overseas credit for the new nation. Last, but not least, Hamilton wanted to resolve the fiat currency issues.
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.
Alexander Hamilton had the initial plan to set up a national bank. In addition, Karl Marx felt a national bank was necessary once the proletariat overthrew the bourgeoisie and took over the means of production. After the October Revolution of 1917 in Russia, Vladimir Lenin nationalized all the banks.
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.
well, alexander hamilton stood up for paying back the us and creating the first national bank.
Pet banks