Hamilton and Madison strongly opposed each other on this issue. Hamilton, believing that the establishment of a national bank was constitutional, argued that Article I, Section I allowed them to establish one. This Section states that congress can make any law that is "necessary and proper" for the nation. The debate over this was whether or not a national bank was necessary. Hamilton argues why the national bank is necessary and proper, while Madison argues that it is not. Madison's other main argument is that the Constitution also leaves any powers that are not specifically directed to the federal government are to be given to either the states or the people.
National banks
A national bank.
James Madison,Alexander Hamilton,and John Jay John Jay, James Madison, and Alexander Hamilton
John Jay, James Madison, and Alexander Hamilton
Mostly Alexander Hamilton
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National banks
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A national bank.
A national bank.
James Madison,Alexander Hamilton,and John Jay John Jay, James Madison, and Alexander Hamilton
Hamiltonians were the people who supported Alexander Hamilton and jeffersonians were the people who supported Jefferson and Madison. Hamilton wanted the other states who had finished paying off their debts to help the other states who hadn't paid of their debts, and he also supported the creation of the national bank, which he believed would greatly help the government. Basically the jeffersonians disagreed with this.
John Jay, James Madison, and Alexander Hamilton
Mostly Alexander Hamilton
Madison and Hamilton called for a constitutional convention because they wanted the Americans to get there rights.
Madison and Hamilton called for a constitutional convention because they wanted the Americans to get there rights.