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Alexander Hamilton And The National Debt
Part one of term paper
Alexander Hamilton may seem to some as a man who had only one thing on his mind and that was to help America in its greatest time of need. This opinion should be well respected. Hamilton took on a big problem, the national debt. Hamilton had a plan of his own to work this debt out, his very own financial program. This plan consisted of a ...
Part two of term paper ... to get rid off national debt and he seemed to stop at nothing to change this.
Hamilton wanted to fund the national debt by issuing new bonds. He wanted to assume state debts to equalize the financial burden of war and put America on a sound economy. He wanted to create a national bank. This bank would be a collecting point for federal taxes as well as issue currency. The protective tariff plan was a plan that didn't work. It was supposed to place a tax on imported goods, in hopes of protecti ...
Word count: 408 | Approximate pages: 2
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