What did Alexander Hamilton believe was one of the benefits of his plans regarding the national debt?

Answer 1

Novanet: The plan would enrich investors and promote new businesses.

Answer 2

Hamilton believed that a national debt was a "national blessing", that it brought together the union to work together for the success of the country. The more people the government owed, the more people there were that we're working to make the government itself work out.

Answer 3

Hamilton believed paying the national debt would strengthen federal government. It would make America attractive to foreign creditors as well.

Answer 4

It would motivate the people and the country to work together and become more unified as a whole.