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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Dakota Dunlap

17 October, 14:57

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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Mateo Lopez · 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.

Harper Monroe · Answer 2

c, issue new bonds and guarantee payment