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Many Americans opposed Alexander Hamilton's proposal to have the national government assume the debts owed by
the states because:
most congressmen did not want speculators to gain profits from the scheme
the Republicans feared that the national government would get too bureaucratic
states that had already paid a large proportion of their debts would have to help pay the debts of other states
all of the above
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Many Americans opposed Alexander Hamilton's proposal to have the national government assume the debt...
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