1. America Gains Independence: Now What?
They also favored a strong central government, interpreted the Constitution loosely, were pro- England, and believed in a government by the elite. ... He had to obtain an income for the federal government that would free it from dependence on the states. ... Fund the $54,124,465 national debt by paying off federal certificates at face value. Hamilton wanted to insure that the credit of the U.S. would be respected in Europe, and that the people who had bought federal notes were rewarded for their loyalty to the new government. 2.) ... Moreover, in adopting Hamilton's program the government...
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