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Early Accomplishments Of The First Bank

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He introduced plans for the First Bank of the United States, established in 1791 which was designed to be the financial agent of the Treasury Department. The Bank served as a depository for public funds and assisted the Government in its financial transactions. The First Bank issued paper currency, used to pay taxes and debts owed to the Federal Government.

Hamilton also introduced plans for a United States Mint. Though he wanted the Mint to be a structural part of the Treasury, he lost the battle to Jefferson and it was established in 1792 within the State Department. The Mint became an independent agency in 1797 and was eventually transferred to Treasury in 1873.

So why with all these accomplishments, even ones specifically ones directly
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