sydthekid4085 sydthekid4085
  • 21-10-2017
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Why did hamilton believe a national debt would strengthen the united states and help to ensure its survival?

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SeoJoon15
SeoJoon15 SeoJoon15
  • 01-11-2017

                Hamilton believe that the national debt would strengthen the U.S. and help them to ensure their survival was because of the following;

-          The debt is a way of tying the states together

-          Loyalty was pronounced in the states once debt is filed

-          Power was strengthen to the federal government

-          There was a presence of linkage between the bond holders and the states economy

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