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Hamilton expected to secure the nation's freedom, promote prosperity and growth, and thus win the nation's firm allegiance to the fledgling Constitution. But Hamilton's proposals favored certain men and certain regions more immediately than others: states with large remaining debts, commercial and financial regions rather than the West and South, and the "moneyed" men whose fortunes swelled dramatically when bonds that they had purchased for a fraction of their value rose to par as a result of funding and could then be used to purchase bank stock. All of this, in Madison and Jefferson's opinions (and in that of numerous anonymous contributors to newspapers around the country), was profoundly incompatible with republican morality, with harmony among the nation's vastly different regions, and with the relatively modest differences between the rich and poor that seemed essential to a representative political regime...
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