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Alexander Hamilton's Achievements

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Next, I will be talking about an individual, named Alexander Hamilton, who made some very significant developments to the United States. One of his greatest achievements was rectifying and resolving the $54 million national debt of the Federal Government after the Revolution. “As Treasury Secretary, Hamilton designed a financial system that made the United States the best credit risk in the western world” (Patrick 52). The Report on Public Credit, issued by Hamilton, persuaded a full funding of the $54 million national debt. He attempted to resolve this supreme problem of both domestic and foreign debt by assuming that it was of the government’s. That way he could borrow money with lower interests and this program led to remarkable success.

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