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7 November, 12:39

Why did Alexander Hamilton as Washington's first secretary of the treasury, advocate the creation of a permanent national debt and a national bank?

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  1. 7 November, 13:09
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    As Secretary of the Treasury, Alexander Hamilton's first objective was to bolster the national credit. Alexander Hamilton believed that a limited national debt was beneficial gain the monetary and political support of the rich for the federal government.
  2. 7 November, 13:36
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    I agree completely.
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