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Hamilton believed that if the federal government took over the debt, it would inspire favor toward the government from well-to-do creditors. Alexander Hamilton served as the 1st United States Secretary of the Treasury.
Yes, Hamilton wanted the federal government to take on the war debt. He proposed a National Bank, which was met with opposition from many. Hamilton prevailed, and the First Bank of the United States was chartered in 1791.
Alexander Hamilton was the New York delegate who signed the US Constitution. Alexander Hamilton was a founding father of the US.
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Alexander Hamilton.