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Unformatted text preview: James Madison, who had once collaborated with Hamilton in authoring the Federalist Papers, lead the opposition Hamilton's proposals, and for several months their respective camps were deadlocked. Finally, Hamilton struck a bargain with Madison that changed history. At the time, the capitol of the United States had just moved from Philadelphia to New York City. Hamilton offered to convince Congress and the President to move the capitol south to a designated area near Virginia known as the District of Columbia. Hamilton believed that moving the capitol to a more southern location would allay Southern fears of tyranny from the North. Madison, Congress, and Washington accepted the proposal to relocate the seat of government, and arrangements were made to carry out the agreement. In exchange, Hamilton's policies on debt were enacted. For his work on the matter, the new Secretary of the Treasury was awarded an enacted....
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