Alexander Hamilton wanted to assume all of the state's debts from the revolution and create a consistent monetary fund.
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wanted*** and Alexander Hamilton wanted to create a national bank because he thought it would solve debt earier.
Alexander Hamilton wanted to assume all of the state's debts from the revolution and create a consistent monetary fund.
Alexander Hamilton wanted to build a bank. He also proposed tariff and national taxes
It was to enhance the governments credit
He didn't because he believed in strict construction of he constitution, which led him to believe that anything that is not written clearly in the constitution should not be done. Thus he opposed the creation of the bank because the constitution did not specifically grant power to Congress to create one. Alexander Hamilton favor the bank, because he believed in lose construction of the Constitution, and according to the "Elastic clause", the congress can do whatever that is for the good of the people. Thus Hamilton was for the creation of the national bank.
Only if you want First National Bank to be your bank.
to pay off the national debt
Yes.
The British had a Strong National government. Alexander Hamilton want a strong National government. Hamilton and Jefferson were fighting all the time over that. That might be why. Federlists.
hamilton was all for the national debt . he wanted to go through with it . only because it would help out the country in a time of need money was all scarce.
because our new nation was in debt after the war against Britain
Hamilton wanted to keep close ties with England, Hamilton advocated the English Monarchy, Strong Government and a Centralized Bank.