Question

What was Hamilton's plan for paying the nation's debts and restoring credit on a sound basis? To which social, economic, and political groups would this have appealed?

Answer 1

Hamilton's plan for paying the nation's debts and restoring credit was to creat a national bank, that would be in charge of paying back all debt. This required a great amount of control over the individual states, so this plan appealed to the Federalists.