Question

As a very important source of strength and security, cherish public credit. one method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear." —george washington, farewell address, from 1796 which of the following domestic issues relates to this excerpt?

1) Creation of the National Bank
2) Support for the French Revolution
3) Controversy over the Alien and Sedition Acts
4) Definition of the relationship with American Indians

Answer 1

The excerpt from George Washington's farewell address relates to the Creation of the National Bank, reflecting Hamilton's financial strategy for stabilizing the U.S. economy and enhancing public credit.

Step-by-step explanation:

George Washington's farewell address, which emphasizes the importance of maintaining public credit and avoiding excessive debt, is closely related to the creation of the National Bank. This institution was part of Alexander Hamilton's plan to address the financial issues following the American Revolution and to build a strong economic foundation for the new nation. The domestic issue that relates to this excerpt from Washington's address is the Creation of the National Bank, which was a cornerstone of Hamilton's financial policies meant to establish creditworthiness and improve the economic standing of the United States.