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Alexander Hamilton And The National Debt
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Alexander Hamilton may seem to some as a man who had only one thing on his mind and that was to help America in its greatest time of need. This opinion should be well respected. Hamilton took on a big problem, the national debt. Hamilton had a plan of his own to work this debt out, his very own financial program. This plan consisted .... Middle of paper
.... Congress did not pass this bill. This did not stop Hamilton. He came up with another plan to raise money, an excise tax on distilled liquors. Congress adopted this proposal, but probably wished they had not. The proposal was very unpopular, so unpopular that it caused a rebellion. Out of all these strategies the one that had an impact on the development of political parties was the creation of the national bank.
The creation of the n ....
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Number of words: 408
Number of pages: 2 (approx. 250 words per double-spaced page)
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