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.
what deal helped to win the support for alexander hamilton's debt plan from southern states
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.
Jefferson wanted to pay off debt. Hamilton did not. CB
that she didnt have a car unlike Lewis
To deal with government's financial issues
issue new bonds and guarantee payment
what deal helped to win the support for alexander hamilton's debt plan from southern states
tax on whiskey and tariffs
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.
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.
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.
Jefferson wanted to pay off the debt; Hamilton did not.
Jefferson wanted to pay off the debt; Hamilton did not.
National debt. Hamilton solved it by creating a national bank
Hamilton wanted to create a national bank, use manufacturing to fund the national debt.
Jefferson wanted to pay off debt. Hamilton did not. CB
Jefferson wanted to pay off debt. Hamilton did not. CB