His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
Hope this helps!! ( Mark me brainliest)
In a personalist regime, the power is held by a single leader, whose demands become law for the entire country.
This regime is a form of autocracy. It is a government system that operates as an absolute monarchy or a despotate. Personalist leaders are able to appoint friends or family to important offices. As a consequence, population gain respect for their leader. For example, the Kim dynasty in North Korea.
Answer:
Believing with you that religion is a matter which lies solely between Man & his God, that he owes account to none other for his faith or his worship, that the legitimate powers of government reach actions only, & not opinions, I contemplate with sovereign reverence that act of the whole American people which declared that their legislature should "make no law respecting an establishment of religion, or prohibiting the free exercise thereof," thus building a wall of separation between Church & State. Adhering to this expression of the supreme will of the nation in behalf of the rights of conscience, I shall see with sincere satisfaction the progress of those sentiments which tend to restore to man all his natural rights, convinced he has no natural right in opposition to his social duties.