The Compromise of 1790
The Compromise of 1790 was a compromise between Alexander Hamilton and Thomas Jefferson with James Madison where Hamilton won the decision for the national government to take over and pay the state debts, and Jefferson and Madison obtained the national capital (District of Columbia) for the South. Hamilton's plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
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Henry W. Grady, born in Athens in 1850, Grady became well known for his great ability as a writer and debater. After leaving the University of Georgia, he studied literature and history at the University of Virginia in Charlottesville and later on persued a career in journalism. Throghout his life as a journalist, Grady managed several papers in the South and became an influential political figure in that with his arguments and easiness of conviction, he was able to push forward the nominations and candidacies of several of his fellow political members at the Atlanta Ring, a group of proindustry Democrats who believed firmly in the ideals of the New South. Grady firmly believed in the need to promote industrial investment from the North, a reinitiation of the Southern industries, a change in the trust between North and South to increase investment. When he returned to Atlanta, Grady dedicated himself to underlining the magnificence of Atlanta as a center over Macon, Athens and Augusta. Despite the favorable effects that Grady had to improve the economical growth of Georgia, but most importantly of Atlanta, he was highly critized by his peers and fellow Georgians for exposing the South with his ideas and policies to the control and subjugation of the North, selling the South to the North and inviting oppression on Souther farmers. He was also critized for attempting to show the North a more bening stand on the issue of freed slaves and slavery. Grady died on December of 1889.
Shays's Rebellion was a rebellionamong farmers in Massachusetts that began in 1786. The rebellion isimportant because it is seen as one of the major factors that led to the writing of the new Constitution. When the United States first became independent, its constitution was called the Articles of Confederation
