He felt that the Constitution did not authorize the government to create a bank.
He believed that a national bank would be controlled by the wealthy and favor the wealthy. He also believed that the Consitution didn't authorize the creation of a federal bank.
hes gay
in february in 1791 congress enacted the charter first national bank.
in february in 1791 congress enacted the charter first national bank.
The Constitution did not specifically grant the government the power to create the bank.
The Constitution did not specifically grant the government the power to create the bank.
Thomas Jefferson
Thomas Jefferson (:
The Democratic-Republican Party, led by Thomas Jefferson and James Madison, opposed the creation of a national bank in the late 1700s and early 1800s. They believed that a national bank would give too much power to the federal government and favored a more limited role for the central government.
Thomas Jefferson
The Judiciary Act or the National Bank
Hamilton-supported business, had loose interpretation of the Constitution, supported the National Bank, supported tariffs, opposed the French RevolutionJefferson-supported agriculture, had strict interpretation of the Constitution, opposed the National Bank, opposed tariffs, supported the French Revolution
Madison, Jefferson, National, bank, wealthy