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aroused even more bitter opposition. With a fine audacity he proposed
the assumption of state debts. It is difficult to believe that Hamilton
was perfectly ingenuous in stating his reasons for this move. He
apprehended, he said, that the States would be hampered in satisfying
their creditors because they had surrendered one important source of
revenue to the central Government, duties on imports. In resorting to
other means, the States might pass conflicting measures which would
oppose industry. Besides, the debts had been incurred in the cause of
Union and should be borne by all. But deeper than these reasons was
probably a political motive. Hamilton had no local attachments. A
thoroughgoing nationalist, he saw in the claims of the States to
autonomy only so many obstacles in the path of national unity. "To
cement more closely the Union of States" by creating a solidarity of
financial interests, was, indeed, the basal principle of his fiscal
plans.
The wrath of Congressmen from States like Virginia, which had already
discharged most of their debts, knew no bounds. After they had practiced
thrift and met their obligations, should they, forsooth, now aid their
less provident sisters? The chief opponents of assumption came from the
South, and the chief advocates from the North. South Carolina and New
Hampshire parted company with their neighbors, the one because it had a
large debt and the other because it had not. Pennsylvania was divided on
this question. For a time the opposition was too strong to be overcome.
On May 25, 1790, an adverse vote seemed to seal the fate of "Miss
Assumption," as the wits of the day called this measure. Just at this
juncture the question of the location of the future capital, which had
been debated inconclusively during the first session, was revived. Here
again the North was arrayed against the South. Should the capital be
located on the Potomac, as Maryland and the Southern States wished, or
somewhere in Pennsylvania? New York was now out of the question, and
since Pennsylvania would not support assumption, the New England States
rather spitefully opposed the claims of Philadelphia.
Here was a situation which called for the _finesse_ of the politician.
Might not votes for one project be traded for the other? Would the
Virginia representatives abandon their opposition to assumption for the
sake of locating the capital on the banks of the Potomac? It was at this
juncture that Hamilton
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