Asked by Makayla
What did the South receive in the compromise over the war debts between Hamilton and Jefferson?
Southern war debts were paid first.
The national bank was set up in Charleston.
The capital was moved to the South.
Northern debts were paid over a 10 year period.
All Answers 1
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The capital was moved to the South.
(As part of the 1790 compromise, Hamilton won federal assumption of state war debts and Jefferson/Madison secured locating the national capital on the Potomac—leading to Washington, D.C.)
(As part of the 1790 compromise, Hamilton won federal assumption of state war debts and Jefferson/Madison secured locating the national capital on the Potomac—leading to Washington, D.C.)
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