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Title: Federalist Policies
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Business |
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| Date: |
June 21, 2002 |
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4 / 1012 |
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He also proposed the establishment of a national bank and a national mint. He believed that these things were all necessary to pay the national debt, and that paying this debt should be a high priority, because it would show that the United States is honorable, has sound finances, and it would ensure the nations chances for credit in later years... Showed first 250 characters
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Hamilton's ideas raised a lot of questions, and although few questioned whether or not paying the national debt was necessary and would be beneficial, there was much argument over his ideas, especially the establishment of a national bank.
The payment of the national debt was controversial, especially between Hamilton and James Madison... Showed next 250 characters
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