. A history of the United States . , a natural-ization act, a patent act, and a copyright act. But the mostimportant measure of all was the plan proposed by Hamiltonfor paying the debt of the United States. The credit of thecountry was at its lowest, the interest on the debt of the oldConfederacy was long overdue, while the holders of theobligations at home had almost given up the hope of beingpaid. Hamilton thought that nothing would help the countryin the eyes of the world more than the payment of theforeign debt; he believed also that the Union would begreatly strengthened, not only by the
. A history of the United States . , a natural-ization act, a patent act, and a copyright act. But the mostimportant measure of all was the plan proposed by Hamiltonfor paying the debt of the United States. The credit of thecountry was at its lowest, the interest on the debt of the oldConfederacy was long overdue, while the holders of theobligations at home had almost given up the hope of beingpaid. Hamilton thought that nothing would help the countryin the eyes of the world more than the payment of theforeign debt; he believed also that the Union would begreatly strengthened, not only by the payment of the domes-tic obligations, but also by the assumption by the governmentof the state debts as well. The total amount to be providedfor, including back interest, was nearly eighty millions ofdollars, a vast sum for those days. After much difficultyHamiltons plan was carried, but only by means of a compro-mise in respect to the situation of the permanent capital ofthe nation. It was agreed that the South should give up her. ALEXANDER HAMILTON. NEW STATES; ELI WHITNEY. 149 opposition to the assumption of the state debts, and theNorth should allow the national capital to be on the banks ofthe Potomac. It was also agreed that the seat of govern-ment should be at Philadelphia until 1800, when it should bemoved to the permanent site. 158. New States ; Indian Wars. (1790-1794.) — At its thirdsession the First Congress was called upon to exercise an-other important power — that of admitting new states tothe Union, and acts were passed providing for the admissionof Vermont and Kentucky, which were admitted in 1791 and1792 respectively. Meantime the settlers had been pushingtheir way westward, entering the territory which the Indianclaimed as his own. Resenting this intrusion, tlie Indiansattacked the settlements all along the frontier, and killed orcarried into captivity hundreds of settlers. So numerouswere these attacks that the government was forced to sendtroops to the
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