His economic programs were the first and only of his Federalist programs, since being Secretary of the Treasury was the only public office he held. They were outlined in 3 reports -
-- Report on the Public Credit, which addressed the pressing issue of the national debt
-- Report on the National Bank, which advised a national bank as the way to a strong economy
-- Report on Manufactures, which advised for a diversified, urban, manufacturing economy
The National Bank
assumption of deptsestablish federal bankingtarrifs
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
The Federalist Party.
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
establishing the first national bank of the United States as a way to manage money across state borders
He was a federalist that believed in having a strong central government by creating the national bank.
The National Bank
He was a very influential delegate at the Constitutional Convention. Some of his writings, which includes The Federalist and The Federalist Papers, convinced many New Yorkers to ratify the Constitution. He was one of the many great thinkers at that time.
assumption of deptsestablish federal bankingtarrifs
The final part of Hamilton's economic program was was concerning the creation of national taxes.
Yes. Have you read the Federalist? Have you seen his financial plan? The list of reasons why he is smart is endless, but I think it would be easiest to find information on those two things.
The federalist party was the very first political party in the United States. The federalist party was founded in 1792.
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.