The crushing of the rebellion and the harsh terms of reconciliation imposed by the Disqualification Act all worked against Governor Bowdoin politically. He received few votes from the rural parts of the state and was trounced by John Hancock in the gubernatorial election of 1787. The military victory was tempered by tax changes in subsequent years. The legislature cut taxes and placed a moratorium on debts and also refocused state spending away from interest payments, resulting in a 30-percent decline in the value of Massachusetts securities as those payments fell in arrears.