Alexander Hamilton's Economic Problems

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As our first Secretary of Treasury, Alexander Hamilton conducted a financial plan to help our nation’s economic problems. He proposed three steps to improve the nation’s economy. First of all, we will pay off all the war debts. However, Hamilton needed the central government to pay off the war debts of the states. Nonetheless, sectional contrasts emerged over reimbursement of state debts. Virginia, Georgia, and numerous other Southern states had as of now reimbursed their debts and disliked being requested to assist the North with paying theirs. Next, Hamilton raised government revenues, which includes putting high tariffs on foreign goods. This policy doesn’t divide the North and South because it affected them almost equally.
Finally, Hamilton

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