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Hamilton's financial plan
Hamilton had a plan to help the nation's finances. Paying off war debts, raising government revenues, and creating a national bank. The problem was Hamilton wanted to pay off war debts but the southern states didn’t want to help the northern states because they had already paid their debts. They made a deal, The southerners would help the northerners and the northerners would move the capital to the south. Hamilton also called for a creation of a national bank. A bank would help resolve many problems such as a safe place to keep money, make loans to businesses and government, and it would issue bank notes.
The farmers need to take their wheat to the store but it's easier for there to take it in liquid form. So the Farmers made Whiskey. The government started putting tax on whiskey and people were rebelling over this. Especially farmers. Washington believed if he gave in it showed that the government didn’t have power. So Washington sent an army of men and made the rebels flee. The tax on whiskey will stay
In 1789, a financial crisis led the French people to rebel against the government, Inspired by the American revolution. At first Americans supported the French revolution. By 1792 the French revolution became very violent. European monarchs believed that the revolution was threatening their own thrones. France soon declared war on Britain, Holland, and Spain. This war put the U.S. in an awkward position. Hamilton found out that we need Britain for trade and can’t risk war. In April 1793 Washington declared the U.S neutral
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