who developed the first fiscal plan?? was it hamilton
and who was the author of the great compromise in constitution? was it madison
Yes, Alexander Hamilton is often credited with developing the first fiscal plan in the United States. As the first Secretary of the Treasury, Hamilton created a comprehensive economic agenda for the country, commonly referred to as the "Hamiltonian economic system." His plan aimed to establish a strong central government by assuming state debts, creating a national bank, and implementing tariffs to promote domestic manufacturing.
On the other hand, James Madison is not the author of the Great Compromise in the Constitution. The Great Compromise, also known as the Connecticut Compromise, was actually proposed by Roger Sherman, a representative from Connecticut, during the Constitutional Convention of 1787. It sought to resolve the conflict between states with large populations (Virginia Plan) and states with smaller populations (New Jersey Plan) in terms of congressional representation. The compromise created a bicameral legislature with a House of Representatives based on population and a Senate with equal representation for all states. James Madison, however, played a significant role in the drafting and development of the Constitution as a whole and is often referred to as the "Father of the Constitution."