He proposed a three part financial plan to Congress in 1790 to improve the nation's finances: 1.) Pay off all war debts 2.) Raise government revenues 3.) Create a national bank
Alexander Hamilton
When Alexander Hamilton referred to the public debt as the "price of liberty," he suggested that incurring debt was a necessary sacrifice for the greater good of establishing and maintaining a free and independent nation. He believed that taking on debt could finance essential government functions and infrastructure, ultimately strengthening the country. By responsibly managing public debt, Hamilton argued that the nation could secure its freedom and promote economic growth, reinforcing the idea that some level of debt can be beneficial for national prosperity.
Yes.
they viewed him as a successful secretary since he established a financial plan for the new nation that was in a drastic debt. = ] hope that helped!
Novanet: The plan would enrich investors and promote new businesses.
he slept
Alexander Hamilton
because our new nation was in debt after the war against Britain
developing a strong commercial and industrial economy
When Alexander Hamilton referred to the public debt as the "price of liberty," he suggested that incurring debt was a necessary sacrifice for the greater good of establishing and maintaining a free and independent nation. He believed that taking on debt could finance essential government functions and infrastructure, ultimately strengthening the country. By responsibly managing public debt, Hamilton argued that the nation could secure its freedom and promote economic growth, reinforcing the idea that some level of debt can be beneficial for national prosperity.
Jefferson wanted to pay off the debt; Hamilton did not.
Jefferson wanted to pay off the debt; Hamilton did not.
Alexander Hamilton
Yes.
they viewed him as a successful secretary since he established a financial plan for the new nation that was in a drastic debt. = ] hope that helped!
Novanet: The plan would enrich investors and promote new businesses.
what deal helped to win the support for alexander hamilton's debt plan from southern states