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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.

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Q: Did Hamilton's financial plans favored the northern states or the southern states?
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