In His First "Report on the Public Credit," Alexander Hamilton

question 22

Multiple Choice

In his first "Report on the Public Credit," Alexander Hamilton proposed __________.

• A) the establishment of a centralized Bank of the United States
• B) high protective tariffs
• C) funding the domestic debt and sharing the profits with its original holders
• D) that the federal government assume the remaining Revolutionary War debts of the states

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Definitions:

Racial Prejudice

Prejudgment or discrimination directed against someone of a different race based on stereotypes or biases.

Mudsill

A derogatory term historically used to refer to the lowest class of workers, particularly in the Southern United States, suggesting a foundation that others build upon but do not acknowledge.

South Carolina

A state located in the southeastern United States, known for its historic cities, coastal landscapes, and as an early adopter of the Articles of Confederation.

Slavery

The condition in which individuals are owned by others, who control where they live and at what they work.