A huge part of it had to deal with the way that the French government dealt with debt.
<span>Only their third estate, primarily poor merchants and peasants, paid any taxes. The French largely funded the American Revolution because of their long-standing animosity with Great Britain. However, the debt they incurred was only slowly paid off because the people they were taxing had very little money. The country fell into an economic crisis and resentment began to build against the first and second estates--the weathly, title-holder, landed gentry and clergy. Thus the revolution. </span>
<span>A good comparison is Great Britain post-America Revolution, who taxed their citizens more fairly and avoided revolution by not throwing most of their citizens into the desperate straits of poverty.</span>
The Confederate States of America
On June 20, 1790, Secretary of State Thomas Jefferson Secretary of Treasury Alexander Hamilton and Representative from Virginia James Madison met to discuss issues at Congress. These men were political opponents.Hamilton, a Federalist, wanted the Federal Government control the political and economic power; Madison and Jefferson, Republicans, wanted the states to have this power. This meeting is known as the “Compromise of 1790.”
During this compromise It was agreed that the capital would be moved to the South. In this way the south received compensation over the war debts between Hamilton and Jefferson. The result was that Philadelphia was replaced by Washington as the nation´s capital.
