Hamilton and the Economy
The young America needed a smart and eager Secretary of the Treasury, and that’s what it found in Alexander Hamilton under the George Washington administration. Hamilton knew that the country’s economy was in danger of going belly-up if there was not a drastic change and clear establishment of federal control of the direction of the budding economy. Alexander Hamilton’s economic plan obligated America to pay off its national debt, establish a national bank, and establish tariff rates to make the most of American manufacturing. At the time that Hamilton became the Secretary of the Treasury, the nation was over fifty million dollars in debt, largely due to the costs of war and the foreign debts to accompany them. Hamilton’s anticipation of global commerce in the decades and centuries to come fostered the creation of the Report on Public
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Some common words found in the essay are:
Report Manufactures, Credit Hamiltons, War Hamilton, Alexander Hamilton, Secretary Treasury, Alexander Hamiltons, George Washington, Hamilton Congress, Bank United, Andrew Jackson, national bank, alexander hamilton, federal government, tariff rates, nations credit, hamiltons idea, secretary treasury,
Approximate Word count = 568
Approximate Pages = 2 (250 words per page double spaced)
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