How did Alexander Hamilton propose to deal with the problem Of 12 million of debt the us had borrowed from foreign nations during the revolutionary war

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History

Jade Goodman

27 December, 01:49

How did Alexander Hamilton propose to deal with the problem Of 12 million of debt the us had borrowed from foreign nations during the revolutionary war

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Romeo · Answer 1

Alexander Hamilton proposed that the US Federal government assume the war debts of the State, which would, in turn, increase the credit of the new United States allowing them to become an international trading power.

Branden Irwin · Answer 2

c, issue new bonds and guarantee payment