Author:  Ron Chernow
Viewed: 35 - Published at: 9 years ago

He endorsed the dollar as the basic currency, divided into smaller coins on a decimal basis. Because many Americans still bartered, Hamilton wanted to encourage the use of coins. As part of his campaign to foster a market economy, Hamilton suggested introducing a wide variety of coins, including gold and silver dollars, a ten-cent silver piece, and copper coins of a cent or half cent.

( Ron Chernow )
[ Alexander Hamilton ]
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