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Hamilton believed that it was important to assume the debts as he thought it was necessary to establish the United States credit and promote investment.Who was Hamilton?Hamilton was a politician, an American revolutionary, and one of the country's founding fathers. He was a powerful defender and interpreter of the US Constitution. Hamilton's advice that the Federal Government take on the states' substantial debts from the Revolutionary War was given in his report and was one of the report's most divisive topics Therefore, Hamilton believed that it was important to assume the debts as he thought it was necessary to establish the United States credit and promote investment.To learn more about Hamilton use the given linkhttps://brainly.com/question/24714949#SPJ4