Why did opponents criticize Hamilton's assumption program?

Question

Quizplus · Accepted Answer

Opponents believed that Hamilton's assumption program rewarded states with inefficient financial systems for not paying their debts, which was unfair to financially responsible states.

Answer: B 
 Some opponents argued that the policy of repaying the original holders of the debt was unrealistic and would take too long, which could create more economic issues.

Answer: D 
 Some opponents believed that the program was disproportionately favorable to the South, which could create resentment and further divide the nation.

Answer: E 
 While there were concerns about Hamilton's centralizing tendencies, there is no evidence that opponents believed the assumption program would lead to a monarchy.

Therefore, the correct answers are A, B, and D.

Why Did Opponents Criticize Hamilton's Assumption Program