USA HISTORY

MAKING OF A NEW NATION 1776 1800

THOMAS JEFFERSON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As part of the Dinner Party Compromise, what did Hamilton get?
A
support from the South for his debt plan
B
nothing
C
the capital moved permanently to New York
D
None of the above
Explanation: 

Detailed explanation-1: -The Compromise of 1790 was a compromise between Alexander Hamilton, Thomas Jefferson, and 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, the called the District of Columbia, for the South.

Detailed explanation-2: -Hamilton believed this was necessary to establish the United States’ credit and promote investment. Furthermore, the debt rested in the hands of a small number of wealthy citizens. Hamilton knew these men would take a keen interest in the success of a country that owed them money.

There is 1 question to complete.