subject
History, 09.02.2021 23:40 ogbobbythman6154

The United States of America had accumulated too much (1), from $ borrowed during the Revolutionary War. The new Secretary of the Treasury (2), decided to create a plan that allowed the (3) government in Philadelphia to help the individual states. Hamilton’s plan permitted the full repayment to all holders of US(4) that were issued during the War against England. Many of the people who held these certificates were not the original purchasers but were risk takers or (5). These men had convinced many patriotic but (6) Americans to trade in their paper certificates. Due to constant changes in the (7)of the Continental Army, many susceptible citizens were (8) to sell off their US Government paper for a discount. These citizens were offered(9) on the spot by these(10) walking, and (11) talking businessmen. Although these common Americans were initially (12) by the financial transaction, eventually they realized that they had been (13) off. The US (14) decided to pay off the certificate holders in 1791, thus enriching those men who always ended by stating, “It’s been a real (15) doing business with you today”.

ansver
Answers: 2

Another question on History

question
History, 21.06.2019 20:30
Why was russia drawn into a conflict with germany after ausria-hungary declared war on serbia ?
Answers: 2
question
History, 21.06.2019 23:00
How did the results of wwi benefit the u.s.?
Answers: 1
question
History, 22.06.2019 03:30
How did the supreme court decision in the slaughterhouse cause an affect american business
Answers: 1
question
History, 22.06.2019 05:00
What did the mexican solders eat during 1833
Answers: 1
You know the right answer?
The United States of America had accumulated too much (1), from $ borrowed during the Revolutionary...
Questions
Questions on the website: 13722367