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Because they thought that creating a national bank run by the federal government, would give too much power to the federal government. Jeffersonian Republicans wanted states rights and they saw a creation of a national bank as unconstitutional.
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∙ 13y ago
Wiki User
∙ 9y agoThomas 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.
Wiki User
∙ 12y agothey opposed the bank because thomas jefferson threatened to kill them
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∙ 12y agobecause they suck
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∙ 11y agoghygh
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Did James Monroe oppose the National Bank?
Yes
Why did Andrew Jackson oppose the the national bank?
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Why did Andrew Jackson oppose the first national bank?
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Who oppose setting up a national bank?
Thoams Jefferson
How did president jackson oppose the supreme court?
he closed the national bank, ignoring their ruling that the bank was constitutional
Why did Jacksonian democrat oppose the national bank?
The believed it favored a wealthy few.
Which element of Hamilton's Financial Program did Madison and Jefferson most oppose?
A national bank.
Why did President Andrew Jackson oppose the idea of a national bank?
Andrew Jackson opposed the National Bank because it gave more power to the rich
Why did many oppose the national bank?
Citizens feared that a central bank placed too much power in the hands of the federal government.
What lead Jefferson to oppose Hamilton's plans to promote industry and found a national bank?
Jefferson feared these policies(promote industry & found a national bank) would make the cenral government too powerful
Why did jefferson and madision oppose the national bank?
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 however 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.
What led to Jefferson to oppose Hamiltons plans to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
