feb 25, 1791 - First Bank of the United States

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At age 31, he may have been the youngest
Secretary of the Treasury in U.S. history. Hamilton was appointed to this post by Washington for good reason. He was a brilliant mind, especially in regards to financial matters. One of his primary goals was to establish good financial credit for the new national government so that they could borrow in the future, but perhaps more importantly, to guarantee its continued existence. To achieve this, Hamilton proposed that the national government should pay all of its debts with interest, accept all of the debts of the 13 states and also pay those debts in full and finally to create a Bank of the United States.

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