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Why did southern farmers oppose Hamilton's plans for the eceonomy?
Wiki User
∙ 14y ago
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Lesley Schulist
Wiki User
∙ 9y agoThe South was against Hamilton's economic plan because it called for the states paying more money to offset the cost of the Revolutionary war. The Southern colonies felt that they had already contributed a great amount of money and did not think it was necessary for them to contribute anymore.
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Why did southern farmers oppose Hamilton's plan for the economy?
They did not want to pay taxes to help the northern states
Why did the southern farmers oppose hamiltons plans for the economy?
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
What led Thomas Jefferson to oppose Hamilton's plans to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
Why did Jefferson oppose hamiltons financial plan?
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
Why did James Madison oppose hamiltons repayment plan?
he thought is was dumbif i put in 5 dollar for a bond and i wanted to be up in 3 years then the country would lose money becuase they would half to pay intrest
Why did antifederalists oppose Alexander hamiltons's plan?
Why did Antifederalists oppose Alexander Hamilton's plan
What led to Jefferson to oppose Hamiltons plans to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
What led Jefferson to oppose Hamiltons plan to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
Why did southern farmers oppose Hamilton's plan for the economy?
They did not want to pay taxes to help the northern states
Why did southern farmers oppose hamilton plan for the economy?
They did not want to pay taxes to help the northern states
Why did antifederalists oppose Alexander Hamiltons plan?
Why did Antifederalists oppose Alexander Hamilton's plan
Why did the southern farmers oppose hamiltons plans for the economy?
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Why did southern farmers oppose Hamiltons plan for the economy?
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Why did southern farmers oppose Hamiltons plans for the economy?
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Why did the southern farmers oppose hamiltons plans for economy?
They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.
Why did farmers oppose tariffs?
Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.
What led Jefferson to oppose hamilton plans to promote industry and found a nation bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
