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He thought the idea cheated bondholders who sold their bonds at low prices.

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11y ago

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Who argued strongly against Alexander hamiltons plan to pay off war bonds?

Thomas Jefferson


What was Jefferson's bonds?

Jefferson's bonds refer to the financial support that Thomas Jefferson received from the wealthy planters in Virginia to help fund his political activities and election campaigns. These bonds played a crucial role in cementing Jefferson's political influence and power in Virginia and beyond.


Who argued strongly against hamiltons plan to pay off war bonds?

Thomas Jefferson


Did hamilton and Jefferson agree that is was fair for speculators to make a profit?

No, Thomas Jefferson thought that it would be unfair to the original bondholders who had sold their bonds to the speculators.


Who disagreed with the idea to pay speculators the full value of the government bonds that they had bought during the Revolutionary War?

Thomas Jefferson didn't want to pay the speculators at the full value because they basically made everyone else poor. Speculators generally lived in the north, so that would focus all the power and prestige in the north. Thomas Jefferson opposed this viewpoint as he was from the south. Alexander Hamilton was the man who came up with the plan. I know this because I have to write a huge essay on it right now. I'm actually procrastinating. Hope this helps.


What did Jefferson think of bonds?

he thought that you had to have fun and get drunk


Who said when in the course of human events it becomes necessary for one peoples to dissolve the political bonds?

That other countries should know why the colonies were trying to become independent


What is Fixed incom?

Trading of bonds (debt), typicxally paying fixed coupons.


What is fixed income trading?

Trading of bonds (debt), typicxally paying fixed coupons.


Why did people oppose to Alexander hamiltons to pay off the bonds?

Many people thought he was making people rich at the expense of others.


Are bonds payable a current liability?

Yes bonds payable means liability..first of all wherever the word payable denotes for paying that shows liability


Alexander hamiltons Policy of paying off all federal bonds at face value?

assumption