Alexander Hamilton supported a national bank because the United States needed some way to recovery financially after the Revolutionary War. At the time, the United States had no common currency. The creation of a nationa... More »

Alexander Hamilton's economic plan involved setting up a national bank, taxing individuals and the federal government assuming the entire national debt, including the debt of each individual state. He also wanted the cou... More »

Alexander Hamilton's assumption plan was a plan that asked for federal "assumption" of the state debts within the United States so that the economy could be stimulated and so that the nation could be strengthened as a un... More »

Jefferson and Madison opposed the national bank because they felt it was unconstitutional and because they felt that the centralization of financial power would weaken the monetary system of the United States. They argue... More »

Alexander Hamilton's economic plan involved setting up a national bank, taxing individuals and the federal government assuming the entire national debt, including the debt of each individual state. He also wanted the cou... More »

Alexander Hamilton's plan for a federal debt repayment plan was controversial because of the way it pitted some states against other states and threatened the perceived sovereignty of the states relative to the federal g... More »

Alexander Hamilton's assumption plan was a plan that asked for federal "assumption" of the state debts within the United States so that the economy could be stimulated and so that the nation could be strengthened as a un... More »