Alexander Hamilton was the first Secretary of the Treasury. In addition to sponsoring a national bank, Hamilton's other measures included an assumption of the state war debts by the U.S. government, establishment of a mint and imposition of a federal excise tax. The goals of Hamilton's measures were to: [2]

2015年12月4日 · One prominent architect of the fledgling country — Alexander Hamilton, the first secretary of the Treasury under the new Constitution — had ambitious ideas about how to solve some of these problems. One of those was creating a national bank. In December 1790, Hamilton submitted a report to Congress in which he outlined his proposal.

2023年4月16日 · Alexander Hamilton, the Secretary of the Treasury under President George Washington, was behind the plan to set up the First Bank of the United States. Hamilton wanted to create a centralized institution similar to the Bank of England, which would handle the massive Revolutionary War debt and create a standard form of currency.

In his famous Report on a National Bank, presented to the House of Representatives in mid-December 1790, Secretary of the Treasury Hamilton explained in great detail how his proposed system would operate. Congress would grant a twenty-year charter of incorporation to a Bank of the United States, which would be funded by an initial deposit of ...

2007年9月1日 · Hamilton designed the First Bank to help the government get on its financial feet and to galvanize American commerce by providing currency and loans to businesses and individuals. The bank was a vital part of a national financial infrastructure that Hamilton created during his short but prodigious career, the template for today’s monetary ...

One of the most important of Alexander Hamilton's many contributions to the emerging American economy was his successful advocacy for the creation of a national bank. But the Bank of the...

Hamilton made the First Bank of the United States a centerpiece of his financial plan. Modeled on the Bank of England, the bank held government funds, issued loans to the government, provided currency, and increased liquid capital to facilitate economic growth.

Alexander Hamilton conceived of the First Bank of the United States as a way to standardize American currency and cope with national Revolutionary War debt. The Bank still stands today on Independence National Park in Philadelphia.

2016年2月1日 · Alexander Hamilton was not a U.S. president, but he was one of the most important early leaders of the U.S. He fought in the Revolutionary War, wrote powerful arguments to persuade the states...

One of the chief proponents of a national bank was Alexander Hamilton the first Secretary of the Treasury because he felt it would stabilize and improve the nation's credit. Two of his chief opponents were Secretary of State Thomas Jefferson and James Madison both of whom felt a national bank was unconstitutional.