The challenges that I faced as Secretary of treasure was paying off the national debt. The amount of money owned to the U.S. My plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
Thomas Jefferson decided to explain Thomas Jefferson opposed this plan. He thought states should charter banks that could issue money. Jefferson also believed that the Constitution did not give the national government the power to establish a bank. He also believed that to original bondholders who had sold there bonds at low prices of necessity. Hamilton also disagree on this too.
Im going to explain why I want to oppose this NEW plan!
He proposed that the government assume the entire debt of the federal government and the states. His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
I Alexander Hamilton will explain why this plan shouldn't be changed.
the congress agreed with hamilton's argument and approve his plan.
I James Madison declare that Hamilton's plan is now approved. The congress officially approved
The congress already approved Hamiltons plan!
I, Thomas jefferson will not lose to Hamilton's plan!
AHAHAHAHAH I win, You lose
Thomas Jefferson had to agree with Hamilton's plan .
Then it's settled, My plan is officially approved 🤠
Rylee Galino Pd.1
I, Thomas Jefferson shall agree with Hamilton's Plan. 😭
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