jan 5, 1790 - Hamilton's Financial Plan (late 18th century) - his focus: 1. pay off national debt & have federal govt assume war debt of the states 2. protect the nation's new & developing industries w/ high tariff 3. create NATIONAL BANK tp deposit govt funds & raise money ++ want ppl to purchase GOVT BONDS too ++Hamilton has loose interpretation when it comes to concerns over govt power (ELASTIC CLAUSE)
Added to timeline:
Date:
jan 5, 1790
Now
~ 236 years ago