Why did Anti-federalists oppose Alexander Hamiltons plan?

Answer 1

Anti-Federalists opposed Alexander Hamilton's plan primarily because they feared it concentrated too much power in the federal government, undermining states' rights and individual liberties. They were particularly concerned about the establishment of a national bank, which they believed would benefit wealthy elites at the expense of ordinary citizens. Additionally, they argued that the plan lacked sufficient safeguards against potential tyranny and did not adequately represent the interests of the common people. Ultimately, their opposition stemmed from a desire to protect democratic principles and prevent overreach by the central government.