“It increased the active capital of the country, gave timely aid to the central government in times of financial crises, transferred government funds from one section to another, facilitated the payment of taxes, assisted in foreign exchange operations of the Treasury, and provided a uniform circulating medium.” Although the “bank closed its doors on March 3, 1811” , it set up the framework for banks chartered since then. The ideas in his financial plan are still used to this day and are the basis of America's economy. Without Hamilton's financial plan, our now thriving nation may not have been a nation at
“It increased the active capital of the country, gave timely aid to the central government in times of financial crises, transferred government funds from one section to another, facilitated the payment of taxes, assisted in foreign exchange operations of the Treasury, and provided a uniform circulating medium.” Although the “bank closed its doors on March 3, 1811” , it set up the framework for banks chartered since then. The ideas in his financial plan are still used to this day and are the basis of America's economy. Without Hamilton's financial plan, our now thriving nation may not have been a nation at