0
Madison and Jefferson said the Constitution did give Congress the power to create a bank. (True/ False)?
False
What else can I help you with?
Who guided the first congress to create the first ten amendment to the constitution?
James Madison
Who guided the first congress to create the first amendments to the constitution?
James Madison
What president believed that the constitution did not give congress the authority to create a national bank?
The First Bank of the United States was opposed by Presidents Thomas Jefferson and James Madison, who both believed it to be unconstitutional.
Why did Thomas Jefferson and James Madison oppose many of Alexander Hamilton's plans for the new nation?
It would give the government to much power and the constitution did not specifically say congress has the power to create
What was Jefferson's view on the banks?
he oppossed it because he felt the constitution did not specifically grant congress the power to create one
Why did Thomas Jefferson and James Madison oppose the national bank?
It will give the government to much power and the Constitution did not specifically say Congress has the power to create one.
Which president helped create the US Constitution?
James Madison
Why did James Madison object to Hamiltons plan for a national bank?
Madison opposed the establishment of a national bank because of his and Jefferson's beliefs that the ability to control commerce did not constitute a right to create a bank. As you know, Jefferson and Madison were Democratic-Republicans, who were set up by Jefferson to strictly follow the Constitution, i.e. if its not spelled out, it falls under the rights of the people & the state rather then the Federal Government. The creation of National Banks was not in the Bill of Rights, which led Jefferson and Madison to believe that, under the 10th Amendment, the right was retained by the people and the states. However, the Constitution promises the Federal Government the ability to control commerce. This led to the major counter-argument from the Federalists. So, part of the reason Madison opposed the Bank was because of Jefferson and Madison's beliefs that the ability to control commerce did not constitute a right to create a bank. However, it is evident through on of Jefferson's famous quotes that this was not the only reason: "I sincerely believe that banking establishments are more dangerous than standing armies." -Thomas Jefferson It only makes sense to me that Madison agreed to and carried on this ideal stated by Jefferson. The exact reasons Jefferson believed this are broad, and I wouldn't know where to start or end. Who was right? That argument is still a valid one (look up opposition to the Federal Reserve). I can tell you who won though; up until Jackson's presidency, the Bank of the United States continued to issue notes.
Why did Madison vetoed the Bonus Bill of 1817?
James Madison vetoed the Bonus Bill because he, like Jefferson, found "internal improvements" to be unconstitutional despite how benevolent it would be. He found the right to create canals and roads to be held by the states alone according to his constitutional interpretation. The republican interpretation of the constitution back then was strict and not open to many (if any) implications
What was the outcome of Madison and Jefferson disagreeing with Hamilton's plan of a national bank?
Congress decided to create the bank anyways and therefore formed the Bank of the United States.
Why did Jefferson oppose the creation of the bank of the United states?
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 nation.
Did the compact theory advocated by Thomas Jefferson and James Madison create the thirteen sovereign states?
yes
