The POTUS Timeline
Economy

Jefferson–Hamilton–Madison dinner produces Assumption–Residence compromise

A private dinner hosted on May 29, 1790, where Thomas Jefferson, Alexander Hamilton and James Madison brokered a deal linking federal assumption of state debts to the siting of the national capital on the Potomac.

Jefferson–Hamilton–Madison dinner produces Assumption–Residence compromise

The compromise enabled congressional approval of Hamilton's debt-assumption plan and led to the selection of the Potomac site for the capital, shaping fiscal policy and the location of Washington, D.C.

← Back to timeline View George Washington

References / Sources

No source references have been added for this event yet.

Related Timeline Entries