Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.
national bank, establish credit of US, new national debt, Whiskey Tax, national army to protect tariffs,
increase the population
A stronger central government with the power to actively support merchants. He also wanted the US to respect the debts it had incurred.
It is Alexander Hamilton's plan for the US Constitution that advocated eliminating state sovereignty and consolidating the states into a single nation. The plan featured a bicameral legislature, the lower house elected by the people for three years. The upper house would be elected by electors chosen by the people and would serve for life.
One of the great problems of the Articles of the Confederation was the government's financial problem. Alexander Hamilton, who was the secretary of the treasury, had a new plan to fix US finances. 1) Pay of the national war debt, and have the government assume states individual debt. 2) impose high tariffs on imported goods (to protect the nations industries). 3) Create a national bank. Congress did adopt Hamilton's plan, they just made some adjustments.
Alexander Hamilton
national bank, establish credit of US, new national debt, Whiskey Tax, national army to protect tariffs,
increase the population
A stronger central government with the power to actively support merchants. He also wanted the US to respect the debts it had incurred.
Alexander Hamilton was the author of a plan to create a national bank in the US. He proposed the establishment of the First Bank of the United States in 1791 as a way to promote a stable currency and stimulate economic growth.
It is Alexander Hamilton's plan for the US Constitution that advocated eliminating state sovereignty and consolidating the states into a single nation. The plan featured a bicameral legislature, the lower house elected by the people for three years. The upper house would be elected by electors chosen by the people and would serve for life.
One of the great problems of the Articles of the Confederation was the government's financial problem. Alexander Hamilton, who was the secretary of the treasury, had a new plan to fix US finances. 1) Pay of the national war debt, and have the government assume states individual debt. 2) impose high tariffs on imported goods (to protect the nations industries). 3) Create a national bank. Congress did adopt Hamilton's plan, they just made some adjustments.
In return for support of Hamilton's Assumption plan the new US capital would be on the Potomac River.
His economic plan included a national bank. )(studyisland)He was selfless in his efforts to make the US strong and successful. His genius and integrity were second to none. We live in Hamilton's America!
To help US protect their good business relationship with Great Britain.
He believed only a choosen few would benefit.
Hamilton