answersLogoWhite

0

Alexander Hamilton suggested moving to Washington, more in the south, to please Thomas Jefferson. They were of different parties (Hamilton=Federalist, Jefferson=Democratic Republican), and naturally clashed. Hamilton proposed paying off all debts, state and federal- the federal government racked up debt under the Articles of Confederation, as it could not raise money from taxes and relied on borrowing from Holland, Spain, and France- so as to start of on a clean slate. The southern US didn't have much debt, but the northern states had a bit (they were the merchant people and had been hurt by England not trading with them after the Revolutionary War). Southern states did not want to pay for northern debts with the northerners. Hamilton brought up the Potomac River Deal, in which he offered putting the state in the south in return for the south helping pay off the north's debts. Jefferson thought that if the capital was in the south, the south would have more say in the government. Basically, Hamilton tricked him.

Washington owned the land that became Washington D.C., and it was about the worst land possible to own. Known as "Foggy Bottom"... it was a terrible plot. I think Hamilton was getting brownie points with Washington by having the federal government buy that land.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Who suggested that the nations capital be moved from new york city to a new city in the south in order to help gain support for his national debt plan?

john jay :]


Who suggested that the nations capital be moved from new york city to a new city in the south in order to help gain support for his nation debt plan?

Thomas Jefferson


Where did Constantine moved the capital city of rome to?

He moved it to Istanbul the modern day capital of Turkey.


What is the capital city of United Nations?

The United Nations is not a sovereign state and as such has no capital city. It's headquarters however, are located in New York City.


What city is nations capital?

Washington


What was the city where the capital was moved to during Washington's second term?

The city where the capital was moved to during Washington's second term was Philadelphia, where the nation's second capital was. The first capital was in New York.


Did Constantine move the roman capital from rome to byzatian and rename the city of Istanbul?

Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.Constantine moved the Roman capital, but he built a new city at the city of Byzantium and named it Constantinople. Today it is known as Istanbul.


What city was the capital of the confederacy?

The capital city of the Confederacy was Richmond, Virginia. It was moved from Montgomery, Alabama.


Why the kushites moved their capital city?

south


What is the capital of the nations whose northern border is the US?

Mexico City is the capital city of Mexico.


Where was the confederate capital moved?

Montgomery, Alabama was the initial confederate capital city. The confederate capital moved to Richmond, Virginia. The last Confederate capital was Danville, Virginia.


Who moved the capital of rome empire from rome to byzantium?

Constatine the second moved the new capital to the greek city of byzantium