Question

Why do you think Alexander Hamilton wanted to pay back the bonds from the confederation government?

Answer 1

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He wanted the federal government to inherit state's debts. ... Hamilton argued that by holding the bondholder's money and continuing to increase their interest payments, the bondholders (who were the most influential citizens) would have a larger stake in preserving the new United States Government.

Answer 2

Answer:

He wanted the federal government to inherit state's debts. ... Hamilton argued that by holding the bondholder's money and continuing to increase their interest payments, the bondholders (who were the most influential citizens) would have a larger stake in preserving the new United States Government.

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