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Alexander Hamilton believed that paying off the national debt entirely would undermine the financial credibility of the United States. He argued that maintaining a manageable level of debt would establish a strong credit rating, which would attract foreign investment and promote economic growth. Additionally, Hamilton saw debt as a means to unify the states and strengthen the federal government, as it would create a vested interest among creditors in the nation's stability and success.
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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
How did thomas view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
Which was a policy of Alexander Hamilton's that Thomas Jefferson continued while in office?
Paying off the national debt
The objections to paying off the national debt at full value included?
Many farmers and soldiers had sold their bonds to speculators at greatly reduced prices, and if the national debt was paid off at full value, the speculators would reap the benefits, while the original bond holders would lose out. Alexander Hamilton was a proponent of paying the debt off at full value.
Did Jefferson opposed Hamilton's financial plan?
Jefferson wanted to pay off debts; Hamilton did not.
Why did Hamilton's want national taxes?
to pay off the national debt
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.
How did thomas Jefferson view of the national debt from that of Alexander hamilton?
Jefferson wanted to pay off the debt; Hamilton did not.
Why did Alexandria Hamilton proposed the first National Bank to?
Pay off the national debt
Why was the first national bank proposed by Alexandria Hamilton?
Pay off the national debt
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
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 Jefferson view of national debt differ from that of Hamilton's?
Jefferson wanted to pay off debts; Hamilton did not.
How did Jefferson's view of the national debt differ from that of Alexander Hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
How did thomas view of the national debt differ from that of Alexander hamilton?
Jefferson wanted to pay off debts; Hamilton did not.
What was Hamiltons plan to pay off national debt?
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
Why did southern states to object Hamilton's plan to pay off the national debt?
because the southerners did not like Hamilton dumb
