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what deal helped to win the support for Alexander Hamilton's debt plan from southern states

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How did Hamilton get the South to support his financial plan?

Alexander Hamilton secured Southern support for his financial plan by agreeing to move the nation's capital from Philadelphia to a location along the Potomac River, which was more favorable to Southern interests. This compromise addressed Southern concerns over the perceived dominance of Northern economic interests and helped to gain their backing for Hamilton's proposals, including the federal assumption of state debts and the establishment of a national bank. The deal effectively balanced regional interests and allowed Hamilton to implement his financial strategy.


Why did Alexander Hamilton help run a shipping company?

Alexander Hamilton helped run Beekman and Cruger, an import-export company that did business with the American colonies, to support himself after his mother died of scarlet fever when he was thirteen years old.


Who helped expand hellenism to the east?

Alexander the Great helped expand Hellenism to the East.


What did Alexander do in Egypt?

he helped the people speak greece.


What was the compromise reached about hamiltons debt plan?

The compromise regarding Hamilton's debt plan, known as the Compromise of 1790, involved an agreement between Alexander Hamilton, Thomas Jefferson, and James Madison. Hamilton's plan to assume state debts was accepted in exchange for relocating the nation's capital from New York City to a more southern location along the Potomac River, which eventually became Washington, D.C. This compromise helped unify the federal government by addressing both fiscal stability and regional interests.

Related Questions

What deal helped win support from the southern states in hamiltons debt plan?

He promised to locate the capitol in the south.


How did Hamilton get the South to support his financial plan?

Alexander Hamilton secured Southern support for his financial plan by agreeing to move the nation's capital from Philadelphia to a location along the Potomac River, which was more favorable to Southern interests. This compromise addressed Southern concerns over the perceived dominance of Northern economic interests and helped to gain their backing for Hamilton's proposals, including the federal assumption of state debts and the establishment of a national bank. The deal effectively balanced regional interests and allowed Hamilton to implement his financial strategy.


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.


Who was Alexander Ross?

Alexander Ross was an abolitionist who helped slaves to freedom


Alexander help or hurt the survival of his empire?

Alexander helped the survival of his empire


Why did Alexander Hamilton help run a shipping company?

Alexander Hamilton helped run Beekman and Cruger, an import-export company that did business with the American colonies, to support himself after his mother died of scarlet fever when he was thirteen years old.


What did Alexander the greek help with?

what did alexander the greata help with


Who helped expand hellenism to the east?

Alexander the Great helped expand Hellenism to the East.


What did Alexander do in Egypt?

he helped the people speak greece.


Who helped established the national bank?

Alexander Hamilton


What did Alexander did in Egypt?

he helped the people speak greece.


What was the compromise reached about hamiltons debt plan?

The compromise regarding Hamilton's debt plan, known as the Compromise of 1790, involved an agreement between Alexander Hamilton, Thomas Jefferson, and James Madison. Hamilton's plan to assume state debts was accepted in exchange for relocating the nation's capital from New York City to a more southern location along the Potomac River, which eventually became Washington, D.C. This compromise helped unify the federal government by addressing both fiscal stability and regional interests.