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Alexander Hamilton And The National Debt

Beginning of Paper
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 ou ....

Middle of Paper
.... as well as issue currency. The protective tariff plan was a plan that didn't work. It was supposed to place a tax on imported goods, in hopes of protecting American manufacturers. 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 o ....

408 words | 2 pages


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