Why did anti-federalists oppose Alexander Hamilton's plan?

Answer 1

Anti-Federalists opposed Alexander Hamilton's financial plan primarily because they feared it concentrated too much power in the federal government, undermining the autonomy of states. They were particularly concerned about the establishment of a national bank, believing it favored wealthy elites and increased federal control over economic matters. Additionally, they argued that the plan disproportionately benefited northern interests at the expense of southern states. Overall, Anti-Federalists championed a more decentralized government that prioritized individual liberties and states' rights.