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What compromise led the acceptance of hamilton's plan of reducing the national debt?

The Compromise of 1790 led to the acceptance of Alexander Hamilton's plan for reducing the national debt. This compromise was the first big compromise reached by the new government in America.


What compromise led to acceptance of Hamiltons plan for reducing the national debt?

The Compromise of 1790 led to the acceptance of Alexander Hamilton's plan for reducing the national debt. This compromise was the first big compromise reached by the new government in America.


What compromise led the South's agreement to accept Hamilton's plan?

The Compromise of 1790, brokered by James Madison, led to the South's agreement to accept Alexander Hamilton's financial plan. As part of the compromise, the capital was moved to Washington D.C., and in return, Hamilton's plan for assumption of state debts was approved. This helped to establish financial stability and unity within the new nation.


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

In return for support of Hamilton's Assumption plan the new US capital would be on the Potomac River.


What did the South receive in the compromise over the war debts between Hamilton and Jefferson?

The capital was moved to the South


Why was the nation's capital relocated to its present site on the potomac river?

it was part of a compromise between Hamilton and Southerners who wanted the capital closer to the south


Why did the Southern states disagree with Hamilton's plan and how did he compromise?

Hamilton compromised with southern states by stating that he would ensure that the United States would absorb all of the debt for the war. In exchange Hamilton asked the southern states to relinquish the hold of wanting the nation's capital in one of the southern territories.


What compromise did Alexander Hamilton Thomas Jefferson and James Madison reach regarding payment of state dept?

He compromised that he would move the capital to the south.


Was Alexander Hamilton for the Great Compromise?

Yes, because he always wanted a good government and he voted for the strong cities, like New York.


Was Hamilton for the three fifths compromise?

Yes he belived that three fiths of the slaves should be counted for determining both a state's representation in the national legislature and the taxes to be paid by state,


Why did the southern states disagree with Alexander Hamilton's plan and how did he compromise?

Alexander Hamilton had many plans, be more specific in asking questions please.


What was the compromise plan that led for he establishment of the US capital at Washington D.C.?

The compromise plan that established Washington D.C. as the U.S. capital was reached in 1790 between Alexander Hamilton and Thomas Jefferson, facilitated by James Madison. Hamilton sought federal assumption of state debts incurred during the Revolutionary War, while Jefferson and Madison wanted the capital to be located in the South. The agreement involved locating the capital along the Potomac River, which satisfied Southern interests and allowed Hamilton to secure the financial plan, thus leading to the establishment of the capital in Washington D.C.