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Q: What compromise did Alexander hamilton thomas Jefferson reach regarding repayment of state debts?
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What compromise did Alexander Hamilton Thomas Jefferson and James Madison reach regarding repayment state debts?

It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).


What compromise did Jefferson and Hamilton Thomas Jefferson and James Madison reach regarding repayment of state debts?

It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).


What compromise did Hamilton and Thomas Jefferson and James Madison reach regarding repayment of state debts?

It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).


What compromise did Alexander Hamilton Thomas Jefferson and James Madison reach repayment of state debt?

It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).


What tax advantages regarding interest rates?

The tax advantages regarding interest rates is that there are tax deductions for the interests payable. This would translate to repayment of lower interest rates.


Is a witness' signature required on a written agreement between two parties regarding repayment?

If the agreement (contract) was signed in the presence of a Notary Public, no.


What compromise did Alexander hamilton thomas Jefferson and James Madison reach regarding repayment of state debt?

It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).


What's the best loan plan for schools?

Choosing the right repayment plan for your student loans is your first step toward meeting your financial goals. See which repayment option best meets your needs. These are Standard repayment, Extended repayment, Graduated repayment and Income-sensitive repayment (available only for FFELP loans).


Repayment is the definition of what word?

Repayment could be the definition of reparation or reimbursement .


Does your HOA have to offer you repayment options for dues before putting a lien on your property?

The rules regarding repayment options for HOA dues and liens vary depending on state laws and the HOA's governing documents. Some states may require HOAs to offer repayment options before placing a lien on a property, while others may not. It is important to review your HOA's bylaws and consult with a local attorney to understand your specific rights and obligations.


What does a claims management company do?

A claims management company is a business that offers claims management services to the general public. They can offer advice and other services regarding claims for compensation, restitution and repayment.


What is the repayment period of a foreign loan called?

repayment period of foreign loan