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Hamilton dealt with the 12 million dollar debt by offering certificates to sale to the citizens. This bond offering allowed debt payment without bankrupting the new nation.

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How did Alexander Hamilton propose to deal with the problem of 12 million of debt the US borrowed from the foreign nations during the revolutionary war?

issue new bonds and guarantee payment


What deal helped to win support Alexander Hamilton's debt plan from southern states?

what deal helped to win the support for alexander hamilton's debt plan from southern states


How did Hamilton deal with national debt?

tax on whiskey and tariffs


What was the economic problem for Alexander Hamilton and the new government?

The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.


What economic problems did the new government face with Jefferson and hamilton?

The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.


What kinds of Americans supported Alexander Hamilton?

Alexander Hamilton's financial plan was supported by George Washington. The purpose of the plan was to deal with inflation, debt and a downward economy.


How did thomas Jefferson view of the national debt from that of Alexander hamilton?

Jefferson wanted to pay off the debt; Hamilton did not.


How did Thomas Jefferson's view of the national debt from that of Alexander Hamilton?

Jefferson wanted to pay off the debt; Hamilton did not.


What economic problem troubled the nation at the beginning of Washington's presidency and how were they solved?

National debt. Hamilton solved it by creating a national bank


What was Hamilton's plan to get the nation out of debt was?

Hamilton wanted to create a national bank, use manufacturing to fund the national debt.


How did Thomas Jeffersons view of the national debt different from that of Alexander Hamilton?

Jefferson wanted to pay off debt. Hamilton did not. CB


How did thomas jeffersons view of the national debt differ from that of Alexander Hamilton?

Jefferson wanted to pay off debt. Hamilton did not. CB