2. To encourage economic growth. Hamilton believed that a strong financial system would promote economic growth by providing stability and confidence to investors and businesses. He developed a series of policies, including establishing a national bank, to stimulate the economy and encourage investment.
3. To ensure the stability of the new nation. Hamilton recognized that a sound financial system was critical to the long-term success of the United States as a newly independent nation. He believed that a stable financial system would contribute to political stability and help prevent future conflicts and rebellions.
In summary, Hamilton's primary reasons for advocating for a robust financial plan for the nation were to repay war debts, stimulate economic growth, and ensure the stability of the newly formed United States.