Question

In his Report on Public Credit Alexander Hamilton argued that the unpaid war debts of the various states

1. were to be paid by New York bankers in exchange for inside information on the new federal finance laws
O2. were null and void since they were incurred before the Constitution
O 3. should be paid by the federal government
4. were the sole responsibility of the individual states

Answer 1

In his Report on Public Credit, Alexander Hamilton argued that the unpaid war debts of the various states should be paid by the federal government.