Secretary of the Treasury Alexander Hamilton proposed his first Report on Public Credit in 1790. He suggested the federal government redeem at face value the millions of dollars in securities issued by the Confederation. Hamilton's plan called for the government to pay off the noteholders with newly issued government securities covering both principal and accumulated unpaid interest. This would then create a permanent national debt.
Why did Alexander Hamilton want to create a permanent national debt?
A.
to help out struggling state governments
B.
to enhance the government's credit
C.
to assist the French and British
D.
to create a national bank
Answers: 2
History, 21.06.2019 15:30
How do you know ? what does verne have his characters say and/or that reveal that attitude ?
Answers: 1
History, 21.06.2019 22:30
One of the observations by someone who was present for roosevelt's speech was, "its clarity, logic, and sincerity struck us." quote one example from the text that you would describe as clear, logical, or sincere. explain the language in your chosen quote correctly, and tell why it can be considered clear, logical, or sincere.
Answers: 2
History, 22.06.2019 04:00
What were some effects in world war 1 in europe ? ( and only in europe)
Answers: 3
Secretary of the Treasury Alexander Hamilton proposed his first Report on Public Credit in 1790. He...
Mathematics, 03.07.2019 06:30
Mathematics, 03.07.2019 06:30
History, 03.07.2019 06:30
Biology, 03.07.2019 06:30
History, 03.07.2019 06:30
Mathematics, 03.07.2019 06:30
Mathematics, 03.07.2019 06:30
Mathematics, 03.07.2019 06:30
English, 03.07.2019 06:30