How did Alexander Hamilton win support for his debt payment plan? A:A. He proposed that each state print its own money to pay the debt.B:B. He agreed that southern states would pay less than northern states.C:C. He supported a southern location for the nation’s new capital.D:D. He set up a plan for the wealthiest Americans to pay the debt.
Question
How did Alexander Hamilton win support for his debt payment plan? A:A. He proposed that each state print its own money to pay the debt.B:B. He agreed that southern states would pay less than northern states.C:C. He supported a southern location for the nation’s new capital.D:D. He set up a plan for the wealthiest Americans to pay the debt.
Solution 1
Alexander Hamilton won support for his debt payment plan primarily through the method outlined in option C. He supported a southern location for the nation’s new capital. This was part of a compromise known as the "Dinner Table Bargain," where Hamilton won the support of southern states for his debt plan in exchange for the nation's new capital being located in the south, which eventually became Washington D.C. This compromise helped to ensure the success of Hamilton's financial plan, which included federal assumption of state debts.
Solution 2
Alexander Hamilton won support for his debt payment plan primarily through the method described in option C. He supported a southern location for the nation’s new capital. This was part of a compromise known as the "Dinner Table Bargain," where Hamilton won the support of southern states for his debt plan in exchange for the nation's new capital being located in the South. The location of the capital was a significant issue at the time, and by agreeing to a southern location, Hamilton was able to secure the necessary support for his plan.
Solution 3
Alexander Hamilton won support for his debt payment plan primarily through the method mentioned in option C. He supported a southern location for the nation’s new capital. This was part of a compromise known as the "Dinner Table Bargain." Hamilton convinced southern states to support his debt plan by agreeing to support the placement of the nation's capital in a southern location, which eventually became Washington D.C. This compromise helped to win over the southern states and ensured the success of Hamilton's debt payment plan.
Similar Questions
Many Americans opposed Hamilton's proposal to have the national government assume debts owed by the states because:most congressmen did not want speculators to gain profits from the schemethe Republicans feared that the national government would get too bureaucraticstates that had already paid a large proportion of their debt would have to help pay the debts of other statesall of the aboveNEXT QUESTION
An 18th-century Democratic-Republican would most likely object to Alexander Hamilton's proposed plan for which of the following reasons?A.It limits states' ability to control their own economies.B.It unfairly redistributes wealth from the rich to the poor.C.It divides the country into competing factions.D.It allows the national government to go into debt.
Which of the following factors most contributed to Alexander Hamilton's proposed strategy outlined in this letter?A.The Democratic-Republican Party's rapidly growing political influence during the late 18th centuryB.Concerns over whether slavery should be allowed to spread into the Northwest TerritoryC.Federal attempts to silence political dissent in anticipation of a war with Great Britain or FranceD.American voters' increasing refusal to support candidates associated with huge political parties
Why did Hamilton want to establish a national bank? A:A. to help the government collect taxesB:B. to give the nation a stable currencyC:C. to expand businesses by making loansD:D. all of the above
Who did George Washington support?Thomas Jefferson's FederalistsAlexander Hamilton's Federalists. Thomas Jefferson's RepublicansAlexander Hamilton's Republicans
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