What Compromises Did Alexander Hamilton Thomas Jefferson And James Madison Reach Regarding The Repayment Of State Debts?

by | Last updated on January 24, 2024

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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 disagreement did Jefferson and Hamilton have over the authority of the central government?

What disagreement did Jefferson and Hamilton have over the central government?

Hamilton believed in federal government power whilst Jefferson believed in state power

. … Jefferson opposed the idea of a national bank because he thought it gave the federal government too much power.

What was the actual compromise that Hamilton reached with Jefferson and Madison?

The Residence Act was the result of a compromise reached between Thomas Jefferson, Alexander Hamilton and James Madison

concerning the permanent location of the Federal capital

.

When Madison Jefferson and Hamilton negotiated a compromise on the debt program what was one of the compromises quizlet?

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 did Hamilton and Jefferson 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. You just studied 8 terms!

What did Hamilton and Jefferson 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 was the deal between Hamilton and Jefferson?

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.

Why did Thomas Jefferson not want a strong central government?


Jefferson wanted to protect the powers of the states

. For that a weak central government was necessary. Jefferson believed that with education the people could make necessary choices about their government, as only they could preserve liberty.

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 “.

Why is Hamilton better than Jefferson?

They were strongest in the South.

Hamilton’s great aim was more efficient organization

, whereas Jefferson once said, “I am not a friend to a very energetic government.” Hamilton feared anarchy and thought in terms of order; Jefferson feared tyranny and thought in terms of freedom.

Why did Hamilton think it’s necessary to pay off debt?

The paramount problem facing Hamilton was a huge national debt. He proposed that

the government assume the entire debt of the federal government and the states

. … By demonstrating Americans’ willingness to repay their debts, he made the United States attractive to foreign investors.

Why did Thomas Jefferson and James Madison oppose Alexander Hamilton’s economic plan?

Why did Thomas Jefferson and James Madison oppose Hamilton’s economic program?

They feared a national government with strong economic powers was dominated by the wealthy class

.

What was the difference between Alexander Hamilton and Thomas Jefferson about how the new nation should be set up?

Jefferson

advocated a decentralized agrarian republic

. … Hamilton’s great aim was more efficient organization, whereas Jefferson once said “I am not a friend to a very energetic government.” Hamilton feared anarchy and thought in terms of order; Jefferson feared tyranny and thought in terms of freedom.

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

.

How are Hamilton and Jefferson similar?

Both men were influential leaders of their time whose visions for the future of the country were clearly contrasting.

Hamilton believed for a strong federal government and an economy based on banking

. While Jefferson desired for a nation to be controlled by the states and its people.

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

. You just studied 4 terms!

Leah Jackson
Author
Leah Jackson
Leah is a relationship coach with over 10 years of experience working with couples and individuals to improve their relationships. She holds a degree in psychology and has trained with leading relationship experts such as John Gottman and Esther Perel. Leah is passionate about helping people build strong, healthy relationships and providing practical advice to overcome common relationship challenges.