Wiki User
∙ 12y agobecause the southerners did not like Hamilton dumb
Wiki User
∙ 12y agoestablishing the first national bank of the United States as a way to manage money across state borders
they nedded to go to the bathroom
They were not sure how it could be done fairly, including congress. i got this right because i got it from my textbook, and because my teacher told me.
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.
All the southern states
He promised to locate the capitol in the south.
establishing the first national bank of the United States as a way to manage money across state borders
The purpose of having the Government assume the debts of the States was to show the citizens and the world, that the US Government was going to be economically sound and because the states had fought for every state's independence from Britain, not just their individual state. Southern States opposed the plan because by the time of Washington's inauguration, the Southern States had already paid off their debts.
Hamilton suggested limiting it to a 20 year charter; then it would be up to Congress to decide whether to extend charter He also asked states to open their own banks so the national bank wouldn't have monopoly.
Tobacco, cotton and other products were grown for trade in the southern US. Cotton was also sent to the northern manufacturing plants.
increase the population
they nedded to go to the bathroom
The best places for garden products are probably Garden Ridge and Southern States located in various states.
assumption
they nedded to go to the bathroom
there was thirteen southern states?????? there was thirteen southern states??????
The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.