What would you like to do?
1 person found this useful
Was this answer useful?
Thanks for the feedback!
Granting Congress any power not explicitly granted by the Constitution will remove all limits on its power other than what Congress itself believes to be the good of the nati…on. Jefferson was a strict constructionist. He believed that the congress could exercise no power not specifically and explicitly mentioned in the constitution. Since the constitution nowhere mentions a bank he believed any law establishing a bank to be unconstitutional. Michael Montagne As Secretary of State in Washington's administration Jefferson could not "veto" the National Bank. He argued against it, and debated Alexander Hamilton about its constitutionality, but he was in no position to veto anything.He was, as stated a strict constitutionalist, but later during his own administration he will be forced to recant this strict position when he must make the decision to buy the Louisiana Territory.
Jefferson and Madison believed that the constitution discouraged the concentration of the power in the federal government.
He found it unconstitutional
because Jefferson had no money to give hamilton in return
Thomas Jefferson the 3rd President of the United States of America did not want a national bank because he was in fear the potential increase for the national debt that it… posed.
Because he was a democratic repudlican who had a strich interpertation of the government. and cause he wanted to be :)
Thomas Jefferson opposed the creation of the Bank of the United States because the Constitution did not specifically grant power to Congress to create one. Alexander Hamilton …felt that the power to create a bank was granted by the "Elastic Clause" in the Constitution. Congress approved the creation of the national bank in 1791.
First of all Thomas Jefferson and Alexander Hamilton had two very different views on many things. Thomas Jefferson was a republican, the majority of republicans and republican… supporters weren't that wealthy. Alexander Hamilton was a federalist and believed wealthy educated people should lead the count. So naturally they would be divided on almost everything. No surprise here but Thomas Jefferson thought the National bank was unconstitutional. Hamilton thought the bank would benefit the country and it was a part of his financial plan. For more information go to http://www.digitalhistory.uh.edu/database/article_display.cfm?HHID=6 Hope this helped!
Thomas Jefferson believed that an increase in the power of the government, which a national bank would surely provide, would lead to tyranny. He felt the bank of the Unite…d States was closely tied to the country's British influence, and believed the Constitution did not give Congress the power to create a bank.
He opposed it because the Constitution did not grant that power to Congress.
He did not want a national bank.
No- the first bank of the US was chartered for 20 years in 1791. The charter expired in 1811 after Jefferson had left office and Madison was the President.
Because mr jefferson wouldent think that the idea would work
They believed it was unconstitutional because it was not stated in the constitution that one of the powers of the federal government was to create a national bank. Hamilton ho…wever said that it was needed to enforce taxes and that because of the "necessary and proper" clause, they should create a national bank, so they did.
Jefferson thought that the national bank was unconstitutional because there was no provision for Congress to create one.