0
What was Alexander Hamiltons plan for restructuring the nations debts?
Wiki User
∙ 13y ago
Because it proposed to pay Federal and state debts incurred during the Revolution in full, including interest (BTW, it passed).
Read more: Why_was_Hamilton's_debt_plan_controversial
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoto take over man kind
Add your answer:
Earn +20 pts
What was Alexander Hamiltons assumption plan?
Hamiltons case for assumption was to convince Congress that the state debts should be regarded as an obligation, for their support in the war for independance. Hamiltons hopes were that assumption would chain the states tightly to their "federal chariot."
How did Alexander Hamilton want the government to take over war debts of the states and pay for this debt?
taxing goods bought from foreign nations.
What is a reason that some people did not like Alexander Hamiltons idea in 1790?
The reason that some people did not like Alexander Hamilton's idea in 1790 is because they were opposed of Hamilton's plan to pay off debts. Many war debts were already fulfilled in the South. The North was still obligated to pay their debt and Hamilton felt aiding in paying off this debt would be beneficial for the economy. The South however was opposed due to the fact they already contributed into paying off their debt.
Rejected the right of European nations to collect debts in the Americas by force?
Roosevelt Corollary
How did thomas view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did thomas jeffersons view of the national debt differ from Alexander hamiltons?
Jefferson wanted to pay off debts; Hamilton did not.
What was Alexander Hamiltons assumption plan?
Hamiltons case for assumption was to convince Congress that the state debts should be regarded as an obligation, for their support in the war for independance. Hamiltons hopes were that assumption would chain the states tightly to their "federal chariot."
How did Alexander Hamilton want the government to take over war debts of the states and pay for this debt?
taxing goods bought from foreign nations.
How did secretary of the treasury Alexander Hamilton wanted the government to take over war debts of the states and pay for this debt?
taxing goods bought from foreign nations. - apex
What is debt restructure?
Debt restructuring is a way to avoid defaulting on existing debts, and individuals, companies, or countries can do it. This is a cheaper option to bankruptcy for buyers in financial trouble, and it is also beneficial for both the borrower and lender. It is a common strategy for companies when they face bankruptcy. This involves asking banks to lower the interest rates or increase the payment dates for company debts. This will increase the company's chances to pay back its obligations and stay in business. Creditors know that they will get less if they are liquidated or go bankrupt. Both the lender and the business will win by restructuring their debts. Lenders often get more from bankruptcy proceedings than they do through debt restructuring. Although the scale of the method is vastly different, it works for both individuals and nations.
Hamiltons aggressive financial policies of paying off all federal bonds and taking on all state debts?
Funding and assumption.
Which statement best reflects alexander hamiltons views regarding the power of a federal government?
Alexander Hamilton believed in federal government being much like it was in Great Britain. He valued a powerful centralized government with assumption of state debts and a government-owned bank.
What has the author Vertaul written?
Vertaul. has written: '[Debts of nations, distinguished from the debts of governments' -- subject(s): Debts, Public, Debt, Public Debts
What is a reason that some people did not like Alexander Hamiltons idea in 1790?
The reason that some people did not like Alexander Hamilton's idea in 1790 is because they were opposed of Hamilton's plan to pay off debts. Many war debts were already fulfilled in the South. The North was still obligated to pay their debt and Hamilton felt aiding in paying off this debt would be beneficial for the economy. The South however was opposed due to the fact they already contributed into paying off their debt.
What is an example of the opposition hamiltons plan faced?
One part of Alexander Hamilton's plan was to borrow new money at a lower interest rate. An example of the opposition he faced with his financial plan was with states claiming they should not be taxed since they had already paid off their debts.
What did the US do in Haiti and the Dominican Republic?
occupied the nations with military forces until debts were repaid.
In Haiti and Dominican republic the United states?
Occupied the nations with military forces until debts were repaid.
