Alexander Hamilton: Financing The Government
After creating a Bill of Rights, the new United States congress turned its focus to the issue of financing the new government. Alexander Hamilton was hired to be the Treasury Secretary by president George Washington. Hamilton made it his duty to develop an economic structure for the United States that would ensure public confidence in the government’s financial affairs.
Hamilton didn’t want to implement the constitution verbatim rather using the loose interpretation of it. He believed that a solid central government would help boost the economy and regulate many things throughout the country.
Part of Hamilton’s plan to gain the people’s trust was to assume all of the states debts. However, the southern states had already paid off their debts,
Hamilton didn’t want to implement the constitution verbatim rather using the loose interpretation of it. He believed that a solid central government would help boost the economy and regulate many things throughout the country.
Part of Hamilton’s plan to gain the people’s trust was to assume all of the states debts. However, the southern states had already paid off their debts,