After the American Civil war (1861 -1865) and the victory of the Union, a process of Reconstruction (1865-1877) took place. This process aimed to transform the 11 ex-confederated states in a "republican form of government" via laws and constitutional amendments.
The Southerners felt Northerners were getting rich at their expense because since the end of the war many moved to the south as social reformers. Several of them were businessmen who acquired or rented plantations and became wealthy landowners, choosing freedmen to do the labor. Following the Civil War, Northerners often obtained plantations at fire-sale rates. Because of this, they were commonly considered to be taking advantage of those living in the South.
I found that James Madison opposed debt assumption with support of the South because the South had already paid off a significant amount of their debt. So I would that the answer is The South, or James Madison.
Hope I could help.
Effects Of The War. The British victory in the French and Indian War had a great impact on the British Empire. Firstly, it meant a great expansion of British territorial claims in the New World. But the cost of the war had greatly enlarged Britain's debt.
Because action needed to be taken fast
