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What Did Treasury Secretary Hamilton Want to Do to Handle

Question 22

Multiple Choice

What did Treasury Secretary Hamilton want to do to handle debts owed by the Continental Congress and the Articles of Confederation?


A) Give notice to creditors that the new government was not responsible for any previous governmental debt.
B) Offer creditors 50 cents on the dollar to settle the debt.
C) Pay original creditors but not those who had purchased certificates of indebtedness as a speculative investment.
D) The federal government should guarantee state and national debts.

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