Why did the anti-federalist oppose Alexander Hamilton plan?

Answer 1

Anti-Federalists opposed Alexander Hamilton's plan primarily because they feared it concentrated too much power in the federal government and undermined states' rights. They were concerned that Hamilton's proposals, such as the establishment of a national bank and the assumption of state debts, would lead to a centralized authority similar to British tyranny. Additionally, they believed his financial policies favored the wealthy elite at the expense of ordinary citizens. Ultimately, they advocated for a more decentralized government structure to protect individual liberties and promote democratic principles.