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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.
To win support for federal assumption of state debts Alexander Hamilton supporters negotiated a bargain that?
called for the construction of a new national capital on the banks of the Potomac River
What did Alexander hamilton do to win the support for his plan from the southern leaders?
In exchange for Southern votes, promised to support locating the national capital on the banks of the Potomac River, the border between the two southern states, Virginia and Maryland.
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.
Who opposed Hamilton's plan why and how was the conflict resolved?
Thomas Jefferson and James Madison opposed Alexander Hamilton's financial plan, primarily because they believed it favored wealthy elites and undermined states' rights. They argued that the federal government should not assume state debts and that a national bank was unconstitutional. The conflict was resolved through a compromise in 1790, where Jefferson and Madison agreed to support Hamilton's plan in exchange for the nation's capital being moved to a location along the Potomac River, which would benefit the South.
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.
To win support for federal assumption of state debts Alexander Hamilton supporters negotiated a bargain that?
called for the construction of a new national capital on the banks of the Potomac River
What did Hamilton and Jefferson agreed to a national capital along?
Hamilton and Jefferson agreed to a national capital along the Potomac River, which separates Maryland from Virginia.
What was the deal that was made between Hamilton and Jefferson concerning the capital?
Hamilton and Jefferson agreed to a national capitol along the Potomac River.
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
What did Alexander hamilton do to win the support for his plan from the southern leaders?
In exchange for Southern votes, promised to support locating the national capital on the banks of the Potomac River, the border between the two southern states, Virginia and Maryland.
To secure approval for federal assumption of state debts Hamilton promised to?
locate the nation's permanent capital on the Potomac River.
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.
How did the us capital get where it is today?
George Washington chose the location based upon the site's accessibilty to the Potomac River and the fact that it had been agreed that the capital would be located in a southern state. That agreement had been worked out between Alexander hamilton and James Madison with Thomas Jefferson. Maryland and Virginia both ceded portions of their states to create the capital. Maryland gave the area north of the Potomac River and Virginia gave an area south of the Potomac. At first the capital had been a square, actually diamond shaped, but later on Virginia asked to have its portion back. Congress agreed and gave back the lower part of the capital.
Hamilton proposed moving the nations capital from New York City to a new site on the Potomac primarily to?
win Southern support for his banking proposals.
To win support for the federal assumption of the state debts Hamilton's supportersnegotiated a bargain that?
D. call for the construction of a new national capital on the banks of the Potomac River.
What did Hamilton agree to do to win support for his plans from southern leaders?
Alexander Hamilton has to make a deal with southern leaders to get support for his plan to pay back the national debt. In exchange for their support he promised them that he would locate the nation's capital along the Potomac River so that it would border between the north and south, and not directly in the northern states as it would have been in Philadelphia.
