Hamilton's funding system, especially the proposed assumption of state debts, then dividing the public mind, afforded plausible cause for opposing federalism; and ostensibly for this reason, the Livingstons ceased to be Federalists.
De Alexander: “Hamilton's funding system, especially the proposed assumption of state debts, then dividing the public mind, afforded…”
Editor's note · Context
Alexander explains how Hamilton's funding system created divisions within the Federalist party, affecting the Livingstons' political alignment.
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