answersLogoWhite

0

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.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Who was the author of a plan to create a national bank in the US?

Alexander Hamilton was the author of a plan to create a national bank in the US. He proposed the establishment of the First Bank of the United States in 1791 as a way to promote a stable currency and stimulate economic growth.


What did Alexander Hamilton stand for?

well, alexander hamilton stood up for paying back the us and creating the first national bank.


Who had plan to set up the first national bank?

Alexander Hamilton


What institution first advocated by Alexander Hamilton was enacted by the Union in 1863?

The National Bank Act of 1863 resurrected the idea of founding father Alexander Hamilton of having a national banking system.


Who had plans to set up a national bank?

Alexander Hamilton had plans to set up a national bank in the United States to establish a sound financial system, promote economic development, and centralize government control over monetary policy.


What was the first battle over the implied powers of congress over?

Alexander Hamilton's National Bank.


Who started the first bank?

After intense opposition between Thomas Jefferson and Alexander Hamilton. Hamilton established the first national bank on February 25, 1791.


Who was youngest member of the first cabinet?

Alexander Hamilton


Who first established a national banking system as treasury secretary?

Hamilton. He actually did some very illegal things while in office. The men who fought the revolution were promised land as part of the compensation for fighting. After, the war they were given a grant on paper stating the land was given them. Hamilton went to these men and bought the grants from them for less than they were worth. He also reasoned that the more people owed the government the more they want to see it survive.


Hamilton's national bank?

Hamilton supported the creation of the First Bank of the United States. Alexander Hamilton served as the 1st United States Secretary of the Treasury.


What president has first name Alexander?

Alexander Hamilton


Who create a US bank?

Well, Hamilton and Washington created the first National Bank of the US.