Hamilton originally proposed funding the establishment of a Bank of the United States by
A) soliciting funds from France and other foreign investors.
B) selling stock to private stockholders and the national government.
C) any means necessary but had not quite figured out how to do it.
D) ordering the new states to each contribute $1 million.

Question

Quizplus · Accepted Answer

Alexander Hamilton proposed the establishment of the Bank of the United States and planned to fund it by selling stock to private stockholders and the national government. This approach was part of his financial program to stabilize and improve the nation's credit, and to manage the government's debts.

Hamilton Originally Proposed Funding the Establishment of a Bank of the United