Terms in this set (20) When Madison, Jefferson and Hamilton negotiated a compromise on the debt program, what was one of the compromises?
The relocation of the capitol of the United States to a site along the Potomac River.
What compromise did Hamilton Jefferson and Madison reach regarding repayment of state debt?
The Compromise of 1790
was a compromise between Alexander Hamilton and Thomas Jefferson with James Madison, where Hamilton won the decision for the national government to take over and pay the state debts, and Jefferson and Madison obtained the national capital (District of Columbia) for the South.
What did Jefferson and Hamilton agree on quizlet?
What compromise did Alexander Hamilton, Thomas Jefferson, and James Madison reach regarding repayment of state debts? Hamilton promised to convince northern members of Congress to move the capital. Jefferson and Madison then
agreed to gather support in the South for Hamilton’s debt plan
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Which of the following would explain Madison’s opposition to Hamilton’s debt program for the United States in the late 1700’s?
Which of the following would explain Madison’s opposition to Hamilton’s debt program for the United States in the late 1700’s?
Madison was concerned that speculators of the debt would grow wealthy and corrupt, thus weakening the Constitution
.
What event is more than any other convinced?
Question Answer | Which event more than any other convinced George Washington that the articles of confederation needed to be revised Shay’s Rebellion | The delegates to the Constitutional Convention of 1787? Were well educated by the standards of their time |
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What did Jefferson and Hamilton disagree on?
Federalism Hamilton and Jefferson also disagreed
about the power of the federal government
. Hamilton wanted the federal government to have greater power than state governments. A strong federal government, he argued, was needed to increase commerce.
What are the two most important disagreements between Jefferson and Hamilton during the Washington administration?
Hamilton believed in the establishment of a central bank
(this is why he favored the creation of the Bank of North America). Jefferson strongly disagreed and did not advocate the issuing of debt which Hamilton deemed as ” a national blessing ” if ” not excessive “.
How did Hamilton and Jefferson interpret the Constitution differently?
Thomas Jefferson favored a strict interpretation of the Constitution, which he interpreted as forbidding everything it did not expressly permit. In contrast,
Hamilton favored a loose interpretation
.
What were the differences between Hamilton’s and Jefferson’s views of government quizlet?
What is the difference between Hamilton’s and Jefferson’s view of the constitution? …
Hamilton: Wanted a national bank and a national mint. Jefferson: Thought the bank gave too much power to the government
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How did Alexander Hamilton and Thomas Jefferson preferred government differ?
How did Alexander Hamilton’s and Thomas Jefferson’s preferred governments differ?
Hamilton favored nation-centered government, and Jefferson favored state-centered
. … Referendum and initiative are forms of direct democracy used by the states.
For which of the following did Alexander Hamilton want to increase support while trying to fix the nation’s finances?
For which of the following did Alexander Hamilton want to increase support while trying to fix the nation’s finances?
had trouble borrowing money to pay its bills
. Q. How did Great Britain and France place the newly formed United States in the middle of their problems in the late 1700s?
Why was the inability to collect taxes such a huge issue?
Since the national government could not tax, and the national money was worthless, debt became a huge problem. … This was because
the government was not allowed to raise taxes in the Articles of Confederation
. As a result, the farmers were unable to pay their debts.
Why was Jefferson against a national bank?
Thomas Jefferson was
afraid that a national bank would create a financial monopoly that might undermine state banks and adopt policies
that favored financiers and merchants, who tended to be creditors, over plantation owners and family farmers, who tended to be debtors.
Why did large states like Virginia support a more powerful federal government?
Why did large states like Virginia support a more powerful federal government while small states like New Jersey wanted the states to retain power? Large states favored a more powerful federal government
because the diverse interests of a large republic would provide checks and balances to preserve the common good
.
What did James Madison think about the Constitution?
Madison had helped develop Virginia’s Constitution 11 years earlier, and it was his “Virginia Plan” that served as the basis for debate in the development of the U.S. Constitution. Madison argued
strongly for a strong central government that would unify the country
.
How did George Washington play a role in forming the new federal government in 1787 quizlet?
In the article, The Presidents: George Washington its states that he was important to this government “But
he soon realized that the Nation under its Articles of Confederation was not functioning well
, so he became a prime mover in the steps leading to the Constitutional Convention at Philadelphia in 1787.” By this we …