Alexander Hamilton Vs. Thomas Jefferson

887 Words Feb 9th, 2011 4 Pages
Hamilton vs. Jefferson

During the Revolutionary- Federalist Era, politics, parties, programs, policies, and people made an enormous difference in how the new nation should be structured and run. During this era, two men in particular championed politics and their respective parties. These two men were Alexander Hamilton, a Federalist, and Thomas Jefferson, a Democratic-Republican. Both Hamilton and Jefferson were successful college educated intellectuals and politicians who made significant contributions to the development of the United States policies and programs. However Hamilton, despite never being elected President, had more influence over the development of the United States’ policies and programs during the
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Hamilton’s vision for the United States economy became true as manufacturing in the North was supported. Hamilton continued to show his financial prowess while serving as Secretary of the Treasury under Washington. In this position Hamilton proposed ideas such as a National Bank, which served as a mint, and a National Debt, allowed for the creation of credit speculation thus involving the interest of the wealthy in the success of the country, which proved to be very successful in boosting the nations economy. Jefferson on the other hand, while president, decided to let most of Hamilton’s old policies to simple expire under him only to be reinstated after his presidency. Aside from fiscal policies, Hamilton’s importance and influence in the development of the United States in areas such as constitutional interpretation was more so than Jefferson’s. After Hamilton had proposed a National Bank, Jefferson and others proposed that what Hamilton’s plan was unconstitutional. Jefferson a strong believer in strict interpretation of the constitution found Hamilton’s National Bank unconstitutional, on the grounds that it overstepped government responsibilities and the incorporation of a bank was not described in the constitution (Doc Q). Jefferson, an advocate for states rights, feared too strong a government and believed strict interpretation of the constitution would
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