answersLogoWhite

0


Best Answer

His financial plans favored Northern Banks. The North considering the fact that the North still retained a sizeable chunk of revolutionary war debt in comparison to the South. The excise tax on liquor Hamilton promoted to pay off the recently assumed state and federal debts also made it more expensive for Southern and Western granaries to export their goods (they turned their grain into liquor because it was less expensive to ship that way). Therefore, Hamilton's plan benefited and received support from federalists, northern manufacturers.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Did Hamilton's financial plans favored the northern states or the southern states?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who was the Wilmot Proviso favored by?

Northern abolitionists.


Compare and contrast northern and southern colonies?

The Southern colonies strongly favored slavery while the Northern colonies largely opposed slavery. Southern colonists had vast amounts of land but were far from other locals. The Northerners lived closer and were able to have more social gatherings, The Southerners were mainly Protestants while the Northerners were mainly Puritans.


Who did the new immigrants policy favor?

The immigrants from northern Europe were favored by the new Immigration policy.


Who was the northern democract who favored the confederacy?

They were called Copperheads


Southern agitators who pushed for southern interests and favored secession from the union?

fire-eaters


Hotheaded southern agitators who pushed for southern interests and favored secession?

fire-eaters :)


Hothead southern agitators who pushed for southern interests and favored secession from the union?

Slaves


Why did Northern and southern disagree on the annexation of Texas?

Southerners favored the annexation of Texas, but Northerners objected that Texas would add another slave state to the Union.


Who were the Hotheaded southern agitators who pushed for southern interest and favored secession from the union?

Fire-eaters


Hotheaded southern agitators who pushed for southern interests and favored secession from the union?

fire eaters


Which groups tended to favor tariffs?

Northern industrialists favored tariffs.


Who did fugitive slave act favored?

It favoured the Southern slave-owners.