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win Southern support for his banking proposals.
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Hamilton
Alexander Hamilton :)
Alexander Hamilton
establish the nation's financial credibility.
Funding and Assumption. He wanted a National Bank to assume the nations debt
what was alexander hamilton's role in president washington's administration
taxing goods bought from foreign nations.
Alexander Hamilton was Secretary of Treasury when the first tariff was proposed and passed. Hamilton argued that it was very important for the new US government to have steady sources of revenue in order to pay its bills and establish good credit with other nations. Tariffs were easily collected and not an obvious tax to most people. The idea of protecting fledgling US industries was not a major reason for the first tariffs but may have had some benefit.
taxing goods bought from foreign nations. - apex
The nation's capital was moved south from New York City to Washington, D.C. to appease southern states and resolve a political conflict between the North and the South. The decision was made as part of the Compromise of 1790, which aimed to address the issue of federal assumption of states' debts. Moving the capital south was seen as a way to establish a neutral location away from the major urban centers of the North.