So what would be the best PoD to scuttle Hamilton´s system between 1789 and 1808? And what was the alternative at that point?
An alternative to Hamilton's plan, his opponents did not give. They did give many reason why it should not be passed, mostly on Constitutional and Practical reasons, but they did not give a viable alternative to solve the financial crisis of the U.S.
Hamilton's Plan is mostly:
1. The Federal Government would pay all foreign debt on par.
2. The Federal Government would pay assume all state debt on par.
3. The Federal Government would redeem all government paper money and bonds issued during the revolution at face value, paying the current owners of the bonds and securities.
4. The Bank of the United States would be the depository of U.S. Government funds, and would handle financial transactions of the government.
5. The Government would issue new bonds to pay for the debt.
6. The debts and the interest of the debts would ultimately be paid by the tariffs and excise taxes imposed by the government.
The plan worked wonderfully. It made US bonds on the Dutch market the cheapest in terms of interest rates, raised the public credit of the United States, allowed the US to get short term money through loans (like the money used to pay for Louisiana), and ultimately paid off the entire revolutionary debt, while ensuring budget surpluses throughout most of the peaceful years.