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He didn't because he believed in strict construction of he constitution, which led him to believe that anything that is not written clearly in the constitution should not be done. Thus he opposed the creation of the bank because the constitution did not specifically grant power to Congress to create one.
Alexander Hamilton favor the bank, because he believed in lose construction of the Constitution, and according to the "Elastic clause", the congress can do whatever that is for the good of the people. Thus Hamilton was for the creation of the national bank.
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Why was secretary of state Thomas Jefferson opposed to the creation of the national bank?
He felt that the Constitution did not authorize the government to create a bank.
Did Jefferson favor a strong national government?
Thomas Jefferson expressed anti-federalist thoughts throughout his life. For example, he was against Alexander Hamilton and the Federalist party. Though he was not involved in anti-federalist movement. Thus, he may not favor strong national government
What social class did Alexander Hamilton and Thomas Jefferson favor?
Alexander Hamilton favored the elite, or wealthy class, while Thomas Jefferson was more in favor of the less fortunate, unlike himself.
Was Thomas Jefferson in favor of universal manhood suffrage?
No. Jefferson believed that only the educated should receive the right to vote.
Did Thomas Jefferson expel French and British citizens from America?
Jefferson fought for French and British citizens not to be expelled from America. He was in favor of neutrality but he was not in favor of Adam's alien and sedition laws.
Whose view of the federal government was a wealthy person more likely to favor?
Thomas Jefferson.
Did George Washington favor Thomas Jefferson plan better than Alexander Hamilton's plan?
yes
Why did some people not agree with the European Union?
The creation of the EU meant more foreign interference with national matters. Not everyone was in favor of that process.
What were the pros and cons of the creation of a national bank?
Pros: Paper currency was urgently needed during the time that the National Bank was proposed by Hamilton, and the National bank was able to provide a standard paper currency. The states currently had no standard and a great conflict erupted when the states had to conduct business with one another such as taxing goods between states.The National Bank could also be a place where the Treasury could deposit money.Cons: Thomas Jefferson argued that the National Bank might be an unconstitutional establishment since the strict construction of constitution ( Jefferson's Method of Interpretation ) indicated that the central government did not have the specific powers of a bank granted to them. Jefferson believed it was the states' right to start a bank. The North being a Center of Manufacturing and commerce supported the bank naturally since it would be in their favor, but the south opposed it thinking it would benefit the North only.
What social class did Hamilton favor?
Thomas Jefferson favored the working class citizens. Thomas Jefferson was all for settlements for farmers and rural expansion in America.
Why does the book suggest that Alexander Hamilton spoke in favor of Thomas Jefferson during the weeks following the 1800 election?
Hamilton persuaded enough Federalists to cast blank votes to give Jefferson a majority of two votes.
What are the differences between Jefferson and Hamilton's parties?
Jefferson's Party - the Democratic-Republicans ** were headed by Thomas Jefferson and James Madison ** were in favor of a weak central government ** believed power should be centered in the legislative branch ** opposed most of Alexander Hamilton's economic policies (assumption, national bank) ** were in favor of the farmer as opposed to the merchant (particularly Jefferson) ** strict constructionists ** would have 3 presidents of their party - Madison, Jefferson, and Monroe Hamilton's Party - the Federalists ** were headed by Alexander Hamilton (primarily) ** were in favor of a strong central government ** believed power should be centered in the executive branch ** favored most of Alexander Hamilton's economic policies (how they got started) ** were in favor of the merchant as opposed to the farmer (particularly Hamilton) ** were loose constructionist ** would have 1 president of their party - Adams It should be noted that a lot of the party's beliefs came from their leaders, Jefferson and Hamilton. Not all Republicans believed everything on the above list, same as the Federalists.
