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Alexander Hamilton was Secretary of Treasury when the first tariff was proposed and passed. Hamilton argued that it was very important for the new US government to have steady sources of revenue in order to pay its bills and establish good credit with other nations. Tariffs were easily collected and not an obvious tax to most people. The idea of protecting fledgling US industries was not a major reason for the first tariffs but may have had some benefit.
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Alexander Hamilton the urged Congress to pass a protective tariff to encourage the growth of?
Alexander Hamilton urged Congress to pass a protective tariff to encourage the growth of industrialization. Alexander Hamilton was the Chief of Staff to the first President of the United States, George Washington.
How did Hamilton plan to raise money?
Alexander Hamilton wanted a protective tariff to protect American industry.
I like some time into it first Congress to pass a protective tariff to encourage the growth?
It was Alexander Hamilton who urged Congress to pass a protective tariff to encourage the growth of manufacturing. Alexander Hamilton was one of the Founding Fathers of the United States.
Who opposed Alexander Hamilton's tariff policy on part because they believed thqt hogh tariffs would cause problems?
Thomas Jefferson and his followers opposed Alexander Hamilton's tariff policy.
Why did many early American politicians like Alexander Hamilton and Henry Clay support a protectionist tariff policy?
They wanted to help America's new industries compete with foreign industries.
