In 1790, Alexander Hamilton was in the middle of a financial dilemma that would impact the then fragile state of the United States. Then US President George Washington and the newly formed federal government was facing flak from a lot of unhappy settlers in the Newfoundland of America. Alexander Hamilton’s problem was that he was faced with growing national and state debts and his desire was to consolidate and pay-off all these debts at the soonest possible time but the federal government had not money. The US government at that time gained revenues only from import duties so
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Essays on Alexander Hamilton
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