U.S. History to 1877 | Chapter 8 | Lesson 8.3 The excise on distilled spirits looked different from Philadelphia than it did in western Pennsylvania. Small farmers often converted grain into whiskey because whiskey was easier to transport across poor roads and could function as a medium of exchange. Larger distillers could pay a lower […]
U.S. History to 1877 | Chapter 8 | Lesson 8.2 Secretary of the Treasury Alexander Hamilton treated public credit as a foundation of national power. The Confederation government had accumulated debts but lacked reliable taxing authority. Hamilton proposed that the federal government fund its obligations at face value and assume remaining state Revolutionary War debts. […]
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