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he made a national bank

Thomas Jefferson didn't approve of it because of strict interpretation-if it's not in the constitution, then you can't do it

Alexander Hamilton got it approve because of loose interpretation- finding loopholes to get things done--he used the part that said that if it is necessary, then it is fine (in the constitution)

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βˆ™ 11y ago
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βˆ™ 14y ago

he supported this idea of funding debts to be paid by the nation but to do so taxes would have to be raised but since government back then was so weak it had to strengthen its government to be able to grow stronger and more united and in the future being able to borrow money easier

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βˆ™ 13y ago

To establish a very strong and firm economical system, in which it would provide the necessary funds to pay the national debt.

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βˆ™ 12y ago

the southerners, they thought it was unfair, because they had very little war debts and didnt want to help pay for other states war debts.

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Q: Who was Alexander Hamilton and what was his plan to pay off your debts?
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Related questions

What is Alexander Hamilton's plan?

To pay off all war debts


As secretary of the treasury Alexander Hamilton was most noted for?

He was most noted for devising a plan to pay off the nation's debts.


What was Alexander Hamilton's role in the government?

Created a national bank. Came up with a financial plan to pay off war debts from the Revolutionary War.


How did thomas view of the national debt differ from that of Alexander hamilton?

Jefferson wanted to pay off debts; Hamilton did not.


How did Jefferson's view of the national debt differ from that of Alexander Hamilton?

Jefferson wanted to pay off debts; Hamilton did not.


What is an example of the opposition hamiltons plan faced?

One part of Alexander Hamilton's plan was to borrow new money at a lower interest rate. An example of the opposition he faced with his financial plan was with states claiming they should not be taxed since they had already paid off their debts.


How did thomas Jefferson view the national debt differ from that of Alexander hamilton?

Jefferson wanted to pay off debts; Hamilton did not.


How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton'?

Jefferson wanted to pay off debts; Hamilton did not.


How did Thomas Jefferson's view of the national debt differ from that Alexander Hamilton?

Jefferson wanted to pay off debts; Hamilton did not.


How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton's?

Jefferson wanted to pay off debts; Hamilton did not.


How did Thomas Jefferson view of national debt differ from that of Alexander Hamilton?

Jefferson wanted to pay off debts; Hamilton did not.


How did Thomas Jefferson’s view of the national debt differ from that of Alexander Hamilton?

Jefferson wanted to pay off debts; Hamilton did not.