Alexander Hamilton's Involvement In The War Of 1814

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After escaping from British jurisdiction, the United States desired a way to relieve their state’s debts, negotiate with their opposition and find common ground with treaties, and a way to expand outward and increase their strength and power. With the help of Congress, Alexander Hamilton was able to introduce the idea of a national bank in efforts to alleviate the state’s debts. The United State’s involvement in the War of 1814 helped maintain peace for the most part, with some faults on their own end. Through various treaties and purchases, the United States was able to expand their power by accumulating several territories. For the United States to become stronger as a nation it had to establish a national bank, they had to maintain peace with treaties and gatherings, and by the acquirement of several new territories Americans traveled westward and it caused America’s economy and its power to grow immensely. …show more content…
Serving as a Treasury Secretary under the presidency of George Washington, Alexander Hamilton proposed to Congress in 1790 that it would benefit America greatly if we introduced a national bank that incorporates similar banking structures and methods to those in France and England at the time. Congress approved the creation of a national bank for Hamilton and he received a 20 year charter to help start the bank. The first national bank was established in Philadelphia in 1797. Hamilton would later issue security bonds that helped pay off the state debts.The creation of the national bank allowed the United State’s economy to operate in a free-flowing manner with the addition of paper money as means of exchange that was far more secure. With the formation of the national bank, it resulted in the United States experiencing positive economic activity and it also the attainment of more power and influence in the
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