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Hamilton Believed That, Together, His Funding and Assumption Programs Would

Question 35

Multiple Choice

Hamilton believed that, together, his funding and assumption programs would


A) gain the monetary and political support of the rich for the federal government.
B) restore the principles of state sovereignty.
C) be the quickest way to pay off the national debt.
D) guarantee the fairest treatment of the original holders of government bonds.
E) keep taxes low and therefore create a feeling of loyalty to the new federal government.

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