Hamilton's Financial Plan · US History

The 'Report on Manufactures' was unique among Hamilton's reports because it:

  1. Was the only one of his reports immediately and fully adopted by Congress
  2. Focused primarily on agricultural subsidies rather than on industry
  3. Argued for the total abolition of all tariffs
  4. Was largely rejected by Congress at the time of its publication
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Correct answer: Was largely rejected by Congress at the time of its publication

While his plans for debt and the bank were implemented, the 'Report on Manufactures' faced significant opposition. Many Americans were not yet ready to embrace industrialization, fearing it would lead to urban decay and the loss of agrarian virtue.

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