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In the 1920s, what was much of the prosperity of the age based on?
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- What is the most important site factor?
- Fueled the settlement of the Northwest and Missouri territories by lowering the price of public land. Also prohibited the purchase of federal acreage on credit, thereby eliminating one of the causes of the Panic of 1819.
- 1 Funding at parCongress should assume states debts to build a national creditFavored the wealthy2 Whiskey TaxEnded up being a lower Tax than what Hamilton wanted 3 NAtional bankDebate over loose (hamilton) and strict (Jefferson) interpretation of the constitution Supported by the north but NOT the agricultural south