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30 January, 17:10

Why did Melancton Smith oppose the plan for Congress

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  1. 30 January, 17:26
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    Hamilton was the principal author of the economic policies of the George Washington administration. He led the financing of the debts of the states by the federal government, as well as the establishment of a national bank, a tariff system, and friendly business relations with Great Britain. His vision included a strong central government led by a vigorous executive branch, [3]: 3-4 a strong commercial economy, with a national bank and manufacturing support, plus a powerful army. This was opposed by Virginia farmers Thomas Jefferson and James Madison, who formed a rival party, the Republican-Democratic Party. They preferred strong states based in rural America and protected by state militias as opposed to a powerful federal army and navy. They denounced that Hamilton was too friendly towards Britain and the monarchy in general, and too oriented towards cities, businesses and banking.
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