Question

Hamilton's plan lets HIS department control all the debts, instead of having it all be controlled by the states. That way, if a state gets in trouble for not paying debts, that reflects on the federal government; specifically the treasury department. So, Hamilton and his department would probably rather be in control of the debts instead of the states, so they don't get in trouble for not paying debts, because they know they can get it done if the federal government is in control.

True or False

Answer 1

Hamilton's plan to have the federal government control all the debts instead of the states was true. His goal was to build loyalty to the national government by assuming state debts.

Step-by-step explanation:

Hamilton's plan to have the federal government control all the debts instead of the states was true. His goal was to build loyalty to the national government by assuming state debts. By doing this, states could eliminate most of their taxes and avoid domestic turmoil. Hamilton believed that if the federal government took full responsibility for paying the debt, it would bring economic benefits to all citizens.