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Q: Why did Alexander Hamilton have to create a common U.S. Currency?
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Who was the author of a plan to create a national bank in the US?

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 alexander hamilton urge the founding of the first bank of the US?

Alexander Hamilton conceived the first bank to handle the huge debt incurred during the Revolutionary War. It was also used to create a standard form of currency.


Why did strict constructionists argue that the government should not create a national bank?

Alexander Hamilton opposed the idea


Institution established by Hamilton to create a stable currency?

bank of the united states


Why did Hamilton want to create a national bank?

Alexander Hamilton wanted to assume all of the state's debts from the revolution and create a consistent monetary fund.


Why did Hamilton want to create national bank?

Alexander Hamilton wanted to assume all of the state's debts from the revolution and create a consistent monetary fund.


Why did Alexander Hamilton want to create a national debt?

It was to enhance the governments credit


What did the United states treasury create when the legal tender act was passed in 1862?

a common nation currency


Why did Alexander Hamilton want to create permanent national debt?

It was to enhance the governments credit


What did Treasury Alexander Hamilton proposed that the federal government do after the Revolutionary war?

create a national bank


What was Alexander Hamiltons personal strength?

Alexander Hamilton had visionary ways of governing, and transforming ways to create the American political landscape. He believed in Democracy, for the people and to the people.


Head of the federalist party?

AnswerJohn AdamsAlexander HamiltonThomas PinckneyJohn JayRufus KingCharles C. PinckneyDewitt Clinton'Founded by Alexander Hamilton. The federalists worked to create a stronger national government.'