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Why did Hamilton think it was important to pay the national debt domestic debt and the state debt?
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∙ 7y ago
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Melyssa Fadel
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Do the majority of Hamilton relate to domestic or to foreign affairs?
Most were domestic, he focused on unity in the colonies.
Why did Hamilton thinking important to pay the national debt the domestic debt and the state debt?
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Why did Hamilton think it was important to pay the national debt the domestic debt and the state debts?
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
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.
Who was the Leader of the federalists who wanted the national government to be stonger than the state governments?
Alexander Hamilton
How did hamilton think that federal payment of state debts would influence the states?
Hamilton thought that it would give the states a strong interest in the success of the national government.
What is Alexander Hamilton's view on strength of the national government?
Alexander Hamilton wanted a strong national government because he did not want mainly the power to be in the hands of the state or the people. He did not want to relive the past of when they were under control of the British.
What did Alexander Hamilton support?
establishing the first national bank of the United States as a way to manage money across state borders
What was Hamilton's plan for paying state debt?
what was Hamilton's plan for paying state debts
Was Hamilton for the three fifths compromise?
Yes he belived that three fiths of the slaves should be counted for determining both a state's representation in the national legislature and the taxes to be paid by state,
If _______ states voted for ________ plan to pay off the ______ debts, Washington would support locating the _________ _______ in the ______?
Southern, Hamilton's, state, national capital, south.
