Report on Public Credit

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The Report on Public Credit was Alexander Hamilton’s influential 1790 proposal outlining a comprehensive plan to stabilize the young United States’ finances by funding the national debt and assuming state debts.

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Generate an image of the Report on Public Credit (The Report on Public Credit was Alexander Hamilton’s influential 1790 proposal outlining a comprehensive plan to stabilize the young United States’ finances by funding the national debt and assuming state debts.)

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Statements (47)

Predicate Object
instanceOf economic policy proposal ⓘ
government report ⓘ
aimedTo establish good creditworthiness for the United States ⓘ
restore public credit ⓘ
stabilize national finances ⓘ
author Alexander Hamilton ⓘ
commissionedBy United States Congress ⓘ
controversy benefits to speculators holding depreciated securities ⓘ
debate over assumption of state debts ⓘ
country United States of America ⓘ
datePresented 1790-01-14 ⓘ
genre financial report ⓘ
governmentBody United States Department of the Treasury ⓘ
hasAuthorRole Alexander Hamilton as Secretary of the Treasury ⓘ
linked to: Alexander Hamilton
historicalPeriod Early Republic of the United States ⓘ
influenced development of the U.S. financial system ⓘ
establishment of federal authority over state finances ⓘ
language English ⓘ
longTermImpact encouragement of investment in federal securities ⓘ
strengthening of federal government credit ⓘ
negotiationAssociatedWith Compromise of 1790 ⓘ
officeHeldByAuthor United States Secretary of the Treasury ⓘ
opposedBy James Madison ⓘ
Thomas Jefferson ⓘ
partOf Hamiltonian economic program ⓘ
placeOfPresentation New York City ⓘ
politicalContext Washington administration ⓘ
presentedTo House of Representatives of the United States ⓘ
United States Congress ⓘ
proposedBy Alexander Hamilton ⓘ
proposedPolicy assumption of state debts by the federal government ⓘ
consolidation of federal and state debts ⓘ
creation of a permanent national debt ⓘ
establishment of a system of customs duties and excise taxes to service the debt ⓘ
funding of the national debt at par ⓘ
payment of interest on federal securities ⓘ
redemption of Revolutionary War debt ⓘ
publicationYear 1790 ⓘ
relatedWork Report on Manufactures ⓘ
Report on a National Bank ⓘ
resultedIn Assumption Act of 1790 ⓘ
linked to: Funding Act of 1790

Funding Act of 1790 ⓘ
subject federal fiscal policy ⓘ
public debt of the United States ⓘ
state Revolutionary War debts ⓘ
supportedBy Federalist Party ⓘ
linked to: Federalists
timePeriodCovered post–American Revolutionary War debt situation ⓘ

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Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Funding Act of 1790 → relatedDocument → Report on Public Credit ⓘ
Hamiltonian economic program → hasPart → Report on Public Credit ⓘ
Alexander Hamilton → notableWork → Report on Public Credit ⓘ
Alexander Hamilton’s Report on Manufactures → relatedWork → First Report on the Public Credit ⓘ
linked to: Report on Public Credit