20 POINTS PLEASEE

“. . .[A]n assumption of the debts of the particular States by the Union, and a like provision for them as for those of the Union, will be a measure of sound policy and substantial justice.
“It would, in the opinion of the Secretary, contribute, in an eminent degree, to an orderly, stable, and satisfactory arrangement of the national finances. . . .[N]o greater revenues will be required whether that provision be made wholly by the United States, or partly by them and partly by the States separately. . . .
“If all the public creditors receive their dues from one source, distributed with an equal hand, their interest will be the same. And, having the same interests, they will unite in the support of the fiscal arrangements of the Government. . . These circumstances combined will insure to the revenue laws a more ready and more satisfactory execution. . . .”

—Alexander Hamilton



In this excerpt, what does Alexander Hamilton argue that the new United States government should do?


pay off only Confederation government debts to foreign countries
pay off only Confederation government debts to foreign countries

pay off only Confederation debts to individual citizens
pay off only Confederation debts to individual citizens

pay off the Confederation government’s debts
pay off the Confederation government’s debts

refuse to pay debts from the Revolutionary War
refuse to pay debts from the Revolutionary War