Answer:
Assumption of State Debts: One of the most significant compromises was the agreement to assume state debts at the federal level. Hamilton's financial plan proposed that the federal government would take on the debts incurred by individual states during the Revolutionary War. This plan was intended to strengthen the federal government and establish its creditworthiness. Jefferson's party reluctantly agreed to this in exchange for locating the nation's capital in the South (Washington, D.C.).
Creation of a National Bank: Hamilton's proposal for a national bank was another contentious issue. While Jefferson and his party were initially opposed to the idea, they eventually agreed to the establishment of the First Bank of the United States in 1791. The bank was intended to promote economic stability and facilitate government operations, and Jefferson's party conceded to its creation as part of broader political compromises.
Compromise on Tariffs: Hamilton's economic policies included protective tariffs to support domestic manufacturing. While there were disagreements over tariff rates, compromises were reached to enact tariffs. The Tariff of 1789, also known as the Hamilton Tariff, and the Tariff of 1790 were passed with input from both sides.
Jay's Treaty: Although controversial, Jay's Treaty of 1794 was negotiated by John Jay, a Federalist, and it aimed to improve relations with Great Britain. While Jefferson and his party were initially critical of the treaty, they eventually accepted it in exchange for avoiding potential war and maintaining trade relations.
Louisiana Purchase: During Jefferson's presidency, he pursued the Louisiana Purchase, which doubled the size of the United States and was a significant expansion of federal power. While the Federalists raised some objections, they eventually supported the purchase, recognizing its benefits for the nation's growth.