Upon assuming his cabinet position, Secretary of Treasury Alexander Ha

Upon assuming his cabinet position, Secretary of Treasury Alexander Hamilton took all the following actions to address the nation’s financial crisis EXCEPT

A) the creation of a Customs Service to collect the five percent import tax that Congress had already passed.
B) the negotiation of a $50,000 loan from the Bank of New York to keep the new government solvent.
C) the organization of what would become the U.S. Coast Guard to be sure that imports were not smuggled into the country without being taxed.
D) the writing off of most of the $54 million in federal debt that had accrued during the Revolutionary War.

ANSWER
Answer: D