1. Deal with the debt
- take on the foreign and domestic debt by replacing creditors old low value bonds with new intrest bearing bonds.
- Take over most of the sates $25 million Revolutionary war debts.
2. Gain Revenue
- Pass a tariff to both bring money and help American manufacturing
3. Stabilize the Banking System
- Create a national bank
- Create a national mint
There are actually 4 parts to Alexander Hamilton's economic plan and they were
he defended his plan by paying the UN to fund it.
Alexander Hamilton
Anti-federalists opposed Alexander Hamilton's plan because they felt it threatened their individual freedoms.
Alexander Hamilton's financial plan was supported by George Washington. The purpose of the plan was to deal with inflation, debt and a downward economy.
what deal helped to win the support for alexander hamilton's debt plan from southern states
he defended his plan by paying the UN to fund it.
Alexander Hamilton
Alexander Hamilton
Alexander Hamilton
Why did Antifederalists oppose Alexander Hamilton's plan
George Washington put Alexander Hamilton in charge of economic polices.
Anti-federalists opposed Alexander Hamilton's plan because they felt it threatened their individual freedoms.
Anti-federalists opposed Alexander Hamilton's plan because they felt it threatened their individual freedoms.
Alexander Hamilton
Yes. I would have supported Hamilton's economic plan. It was important to get the states on strong economic footing and to get them depend of the federal government.
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.
Why did Antifederalists oppose Alexander Hamilton's plan