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James Madison Opposed Hamilton's Proposal for the Public Debt Because

Question 6

Multiple Choice

James Madison opposed Hamilton's proposal for the public debt because ________.


A) he feared Hamilton's growing political power
B) the powers of state government would be reduced
C) he believed only speculators would benefit
D) it did not foster the government of the Revolution
E) many soldiers had lost the old loan certificates that entitled them to payment

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