Alexander Hamilton's Financial Plan
Date Submitted: 08/25/2001 11:33:05
Category: / History / North American History
Length: 2 pages (567 words)
Category: / History / North American History
Length: 2 pages (567 words)
After the Revolutionary War, the United States was left with a $52 million dollar national debt as well as a $25 million dollar debt from the individual states. Alexander Hamilton developed a financial plan to
re establish the credit of the US by providing for the payment of the nation's debts.
Hamilton established the credit of the United States by paying off the national debt. One way he did this was by exchanging old war bonds for …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…th century were developed by Hamilton in the 1790's.
Alexander Hamilton created a financial plan to help establish the United State's credit after the Revolutionary War. The main goal of his plan was to provide for the payment of the nation's debts. He did this by reissuing bonds, creating a protective tariff to protect manufacturers, combining the debts of the states with the nation's debts, and creating a national bank to control the US's money.
Need a custom written paper? Let our professional writers save your time.