HI410 Lecture 5: Washington-Study-Guide
24 Jan 2019
Department
Course
Professor
Document Summary
Draft a bill of rights madison & mason. ***hamilton had a vision of what the national. Government would become; furthermore, he pictured a financial plan. Example: the new york stock exchange: build credit. Assumption bill national government would assume the debts of the individual states. National government would assume the states" debts of ,000,000 to europe & ,000,000 to each other: protect manufacturers. Report on public credit united states should federally pay all of the domestic and international debts by raising money by liberty bonds. Report on national bank united states should create a national bank so private investors would supply the rest of the capital and elect the other directors. The bank would serve as the government"s financial agent collecting taxes, providing a safe place to deposit the government"s cash, and lending the government money when needed. Report on manufactures united states should cease the importation of goods from foreign countries for the benefit of materials being manufactured domestically.
