Secretary of the treasury alexander hamilton wanted the government to take over war debts of the states , and pay this debt by?

The new American authorities faced huge ecomic challenges in the 1780s. As a result of war , the federal debt was $54 million with interests. The states owned another $25 million.  Paper money issued by the Continental Congress was useless and foreign credit unavailable. Secretary of the Treasury Alexander Hamilton advocated  an expansion of federal taxation; a tariff and a tax excise on whisky, for example. He said that the federal government should take over and pay off all debts incurred by the states during the Revolutionary War.

Explanation:

porter is writing economic history because he is focusing on the cost of developing vaccines.