Asked in Founding FathersHistory of the United StatesUS Constitution
History of the United States
Why were anti federalists against the national bank?
Why did the anti federalists want a state bank?
Who was the federalists and the anti-federalists?
Federalists were in favor of a strong central government, and favored strong fiscal policies that included paying off the national debt, setting tariffs to make domestic industries stronger, and establishing a national bank. The Anti-Federalists were opposed to a strong central government, and preferred more power in the hands of individual states. They believed too much power in the federal government, along with a national bank, gave the government too much power, and could easily lead to tyranny.
Asked in History of the United States
Who favored development of industry on a national scale and favored a national bank?
What is The first political party in US?
What are beliefs of anti-fedralists?
What political party supported the creation of a National Bank?
Which is a reason that Federalists and Republicans stopped fighting by 1817?
What were the differences between Hamilton and Jackson?
Asked in Founding Fathers, US Constitution
In the debate over the constitution the anti-federlists fought for what issues?
What was the main difference between the federalists and anti-federalists?
The Federalists supported a strong federal government and the establishment of a powerful Bank of the Union, conforming to the mercantile interests of the Northern States, especially those of the New England. The Anti-Federalists supported the decentralization and the largest autonomy of the States. They feared that a central power excessively strong would lead to an oppressive government aiming to destroy the local autonomy's, establishing a financial oligarchy and a "bancocracy".
Asked in American Revolution
What were the fundamental differences between the Federalist and the Jefferson Republicans?
Jefferson Republicans did not favor a national bank, while Federalists did. Jefferson Republicans also favored state power, and Federalists favored the national government. Jefferson Republicans strictly followed the constitution (strict construction). Federalists were more lenient (loose construction).
What was the difference between the early Democratic-Republican Party and the Federalists?
Federalists wanted to support England and also wanted a strong and powerful government, a national bank, and a loose interpretation of the Coast. The Democratic-Republicans wanted to support France and also wanted a small federal government, no national bank, and a strict interpretation of the Coast.
Asked in History, Politics & Society
What was the name of the bank Jackson opposed against?
Why did the Federalists want to create a national bank?
Asked in Founding Fathers, US Presidents
How did the federalists and the democratic-republicans differ from each other?
Federalists, like Alexander Hamilton wanted to support England, wanted a strong powerful government, a national bank and a loose interpretation of the Coast. On the other hand, Democratic-Republicans disagreed. They wanted to support France, wanted a small federal government, no national bank and a strict interpretation of the Coast.
Who led the Anti Federalist movement which supports a decentralized banking system?