how did the democratic republicans respond to Hamiltons financial plan
After the Battle of Yorktown, Hamilton resigned his commission. [ He was elected in July 1782 to the Congress of the Confederation as a New York representative for the term beginning in November 1782. Hamilton supported Congressmen such as superintendent of finance Robert Morris, his assistant Gouverneur Morris (no relation), along with James Wilson, and James Madison to provide the Congress
with the independent source of revenue it lacked under the Articles of Confederation.
While on Washington's staff, Hamilton had become frustrated with the decentralized nature of the wartime Continental Congress, particularly its dependence upon the states for financial support. Under the Articles of Confederation, Congress had no power to collect taxes or to demand money from the states. This lack of a stable source of funding had made it difficult for the Continental Army both to obtain its necessary provisions, and to pay its soldiers. During the war, and for some time after, Congress obtained what funds it could from subsidies from the King of France, from aid requested from the several states (which were often unable or unwilling to contribute), and from European loans.
An amendment to the Articles had been proposed by Thomas Burke, in February 1781, to give Congress the power to collect a 5% impost or duty on all imports, but this required ratification by all states; securing its passage as law proved impossible after it was rejected by Rhode Island in November 1782. Madison joined Hamilton in persuading Congress to send a delegation to persuade Rhode Island to change its mind. Their report recommending the delegation argued the federal government needed not just some level of financial autonomy, but also the ability to make laws that supersede those of the individual states. ]