USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

THOMAS JEFFERSONS PRESIDENCY LOUISIANA PURCHASE LEWIS CLARK AND MORE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify this person by the clues given:-1st Secretary of Treasury-Had a financial plan to get the U.S. out of debt-was a Federalist
A
Thomas Jefferson
B
Alexander Hamilton
C
George Washington
D
John Adams
Explanation: 

Detailed explanation-1: -Hamilton issued a bold proposal. The federal government should pay off all Confederation (state) debts at full value. Such action would dramatically enhance the legitimacy of the new central government. To raise money to pay off the debts, Hamilton would issue new securities bonds).

Detailed explanation-2: -One prominent architect of the fledgling country-Alexander Hamilton, the first secretary of the Treasury under the new Constitution-had ambitious ideas about how to solve some of these problems. One of those was creating a national bank.

Detailed explanation-3: -The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office.

Detailed explanation-4: -Alexander Hamilton took the oath of office as the first Secretary of the Treasury on September 11, 1789.

There is 1 question to complete.