His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
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Answer:
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The development of the political parties formed in the early republican can be attributed to the rivalry between Thomas Jefferson and Alexander Hamilton.
Jefferson was a strong anti-federalist and would help to develop the Democratic-Republican party. Jefferson's focus on a small central government, states rights, and developing a nation based on independent farmers was a message that spoke to many rural communities.
On the other hand, there was Alexander Hamilton. Hamilton favored a strong central government, the development of an industrialized economy, and a loose interpretation of the US Constitution. Hamilton was supported by Northern merchants and wealthy elites, especially in the Northeast.
These two vastly different goals for America helped to spark the Federalist and Democratic-Republican parties in the United States during the early Republic.
Economic:
desire to make money
to expand and control foreign trade
to create new markets for products
to acquire raw materials and cheap labor
to compete for investments and resources
to export industrial technology and transportation methods
Military:
To claim territory to create bases to protect the empire
to exercise military force
to use as a refuel and resupply area
to boost national pride and security
Political:
based on a nations desire to gain power
to compete with other european countries
to expand territory
to gain prestige by winning colonies
to boost national pride
Ideological:
based on cultural values such as the belief that the white race was superior
other cultures were "primitive"
social Darwinism
europeans should "civilize" peoples in other parts of the world
great nations will survive
Religious:
the desire to spread christianity
to protect european missionaries in other lands
to spread european values and moral beliefs
to educate peoples of other culture
to end slave trade in Africa
Exploratory:
the desire to explore "unknown" or uncharted territory
to conduct scientific research
to conduct medical searches for the causes and treatments of disease
to go on an adventure
to investigate unknown cultures
