What did Thomas Jefferson think about Alexander Hamilton's plan for a national bank?

Answer 1

He was against it. Often in college classrooms, there are various classes given towards Jeffersonian and Jacksonian democracy. Andrew Jackson was a big proponent for the bank while men like Jefferson, who believed in a country ruled by agrarian gentry, felt that a strong government was a dangerous one and one that could control money would indeed by dangerous. What was Thomas Jefferson's view on war?

Answer 2

Thomas Jefferson strongly opposed Alexander Hamilton's plan for a national bank. He believed that such a bank was unconstitutional and that it would lead to an unfair concentration of financial power in the hands of the federal government and wealthy elites. Jefferson favored a more limited role for the federal government and championed states' rights and agrarian interests.