... new bonds would increase revenue. Hamilton wanted banks holding bonds to use bank notes to create a better money supply. Many were opposed to most of Hamilton's ideas, mainly from the southern states. The south felt that they had decreased their debt immensely compared to the north, despite the fact that they felt they weren't being taxed the same way as the ... is around 18 trillion dollars. Although Hamilton faced a much more dire situation in 1789 when George Washington appointed him to run he biggest agency in this new government of the colonies, he would still be more than unhappy ...

• Word Count: 1019
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School