Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Jefferson wanted to pay off debts; Hamilton did not.
Alexander Hamilton argued that paying the nation's debts in full would establish the creditworthiness of the United States and foster trust among domestic and international creditors. He believed that honoring debts would strengthen the federal government, unify the states under a strong central authority, and promote economic stability. By demonstrating fiscal responsibility, Hamilton aimed to attract investment and facilitate the growth of a robust national economy. Ultimately, he viewed the repayment of debts as essential for the country's financial credibility and future prosperity.
Hamilton thought that it would give the states a strong interest in the success of the national government.
Hamiltonians are the people that supported Alexander Hamilton's viewpoint of helping other states pay off debts and creating a national bank. While some states had already paid off their debts, they were not very happy about his idea of helping to pay everyone else's debts. Jeffersonians were the people who supported Jefferson and Madison and opposed Hamilton's ideas and the creation of the national bank.
The government repaid the war debts and a new capital would be in the South.
Most were domestic, he focused on unity in the colonies.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Hamilton believed that by accepting these debts and their full value, the wealthy creditors, banker, and merchants who owned the bonds would have a stake int he federal government`s success and enough cinfidence in its finical stability to loan it money in the future.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.
Jefferson wanted to pay off debts; Hamilton did not.