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Alexander Hamilton wanted to pay the government's expenses. He was an economic conservative, with economic ideas similar to Washington's. To pay the expenses he asked Congress for a 5 percent tariff on imports. But the government also needed to establish a good credit rating with other nations. The new government was already about $56 million in debt. Hamilton proposed several steps:
1. Fund the entire Confederation-era debt at face value. This would show the good faith of the new government.
2. Assume the state's debts that had been contracted during and after the war. By paying back these loans, the government would again be showing its good credit.
3. The main pillar of Hamilton's fiscal plan was to establish a Bank of the United States. The BUS would have power over other banks, and basically control the economy of the US. Sort of like the FED operates today.
Hamilton lost out on the tariff increase as farmers feared it would cost them too much to purchase the manufactured goods they needed from Europe. He also lost out on a projectionist tariff, as the rates remained low.
What else can I help you with?
When Alexander Hamilton create the first national bank?
Hamilton hoped to provide financial order, precedence, and clarity, for the new-found United States. He also hoped to develop country and overseas credit for the new nation. Last, but not least, Hamilton wanted to resolve the fiat currency issues.
Why is a national government necessary?
Becasue national governments can resolve conflicts, provide services and maintain our country in order.
What is national resolve?
National resolve refers to the determination and commitment of a nation and its people to uphold their values, pursue their interests, and face challenges, often in the context of adversity or conflict. It reflects a collective strength and unity among citizens and leaders to take decisive action, support national policies, and work towards common goals. This concept can be particularly important during crises, as it helps to rally support and maintain morale. Ultimately, national resolve can shape a nation's identity and influence its position on the global stage.
What about the Cuban missile crisis is true?
President Kennedy removed nuclear missiles from Turkey to resolve the crisis
Hamilton said about Washington he consulted much resolved slowly resolved surely did this make Washington a good first president?
Hamilton's observation about Washington's careful and deliberate decision-making process suggests that Washington's leadership style was thoughtful and measured, which contributed to his effectiveness as the first president. By consulting widely and taking his time to resolve issues, Washington built a strong foundation for the executive branch and established important precedents. His cautious approach helped to foster stability and legitimacy in the new government, making him a respected and effective leader during a formative time in American history.
Who has the power to resolve issue involving national laws or laws of the United States?
president.
When Alexander Hamilton create the first national bank?
Hamilton hoped to provide financial order, precedence, and clarity, for the new-found United States. He also hoped to develop country and overseas credit for the new nation. Last, but not least, Hamilton wanted to resolve the fiat currency issues.
Who has the power to resolve conflicts involving national laws?
The Supreme Court has the power to resolve conflicts involving national laws.
How do you use promise?
To use a promise in JavaScript, you create a new promise using the Promise constructor and pass it a function with two parameters, resolve and reject. Inside this function, you define the asynchronous operation you want to perform. If the operation is successful, you call resolve with the result; if it encounters an error, you call reject. Finally, you can chain .then() and .catch() to handle the resolved value or catch any errors respectively.
What is required in order to resolve disputes between the states?
national judiciary
Why is a national government necessary?
Becasue national governments can resolve conflicts, provide services and maintain our country in order.
What did President Roosevelt agreed to?
Japanese Americans did not live in Chinatown, but throughout the city. President Roosevelt had three objectives to resolve the situation.
What is the act of impeachment?
The act of impeachment is a presidential one. Impeaching a president would resolve in the removal of the president by means of a congressional vote.
Henry Clay was a national leader who tried to resolve sectional disputes through?
Compromise
Who has the power to resolve issues involving national laws or the laws of the US?
the supreme court
The Supremacy Clause of the Constitution is meant to resolve conflicts between what?
national and state governments
What is the difference between New Year resolutions and promises?
After consulting some dictionaries, blogs and my own common sense, I come to the following. A resolution is a determination (or resolve) one makes to do an act. Whereas, a promise is primarily a vow one makes do an act. In other words, every promise is a resolution, but, every resolution is not a promise. You cannot go back on promise, because it is like a contract you make with yourself or other people (parties, they call in law). However, a resolution may be broken. For instance, you can say that you were so moved by emotions at that time and so now you break your resolve or determination. But, if you make a promise then, boy you're bound to it.
