Pros And Cons Of Lgbts

During George Washington’s presidency of our new nation, there was a large disagreement between his Secretary of Treasury, Alexander Hamilton and his Secretary of State, Thomas Jefferson on several economic and political challenges.To get the nation out of extreme debt, Hamilton came up with a financial plan that included the creation of a national bank. This national bank would be a safe place to deposit government funds, a source of loans for the government and businesses, and the creation of a national mint. However, Jefferson was strongly opposed to the idea of a national bank, he believed it was strictly against the Constitution and would give the federal government too much power. Hamilton argued that Article I Section 8 of the Constitution

When Thomas Jefferson took office in 1801, after an intense realignment of the majority of office holders from Federalist to Anti-Federalist in the “Revolution of 1800”, there were many policies headed by former Treasurer Alexander Hamilton that were still in place. Instead of doing what would have been expected of him by his peers, and taking steps

Document 1- In this document, Alexander Hamilton argues in favor of a national bank, stating that a national bank is constitutional because it is necessary to carry out the other functions explicitly delegated to the federal government. In arguing in favor of a bank, Hamilton reveals the beginnings of a two-party system because instead of attempting to compromise with dissenters, he promotes his agenda and begins to build a party platform based on a strong central government, exemplified by a strong national bank.

Furthermore, Jefferson was against Hamilton's foreign policy. Hamilton was considered to be Pro-British while Jefferson was Pro-France. During this time, France and Britain were at war fighting against each other. Hamilton supported the British and wanted them to win against the French because he believed in the British's form of government, a monarchy. A monarchy was a government with one

One of Jefferson’s and Hamilton’s first disagreements began with the idea of a National Bank. Hamilton suggested that the government should create the Bank of the United States Jefferson protested because this was not allowed by the Constitution. Hamilton opposed the view of Jefferson and stated that the Constitution’s writers could not have predicted the need of a bank for the United States. Hamilton said that the right to create the Bank of the United States was stated in the “elastic” or the “necessary and proper” clause in which the Constitution gave the government the power to pass laws that were necessary for the welfare of the nation. “This dilemma revisits the ever lasting dispute between the “strict constructionists” (Jefferson) who believed in the strict interpretation of the Constitution by not going an inch beyond its clearly expressed provisions, and the “loose constructionists” (Hamilton) who wished to reason out all sorts of implications from what it said”. Just a few years later, under President Jefferson, the federal government of the United States

He believed in the growth of a strong government and the Constitution. This would allow more government control of the people. He thought of a system run by the men of the aristocracy that was political. Alexander Hamilton felt like that if a government was supposed be ran in good conditions, it had to be ran by more educated and wealthy people. The position of the new government at the time was to encourage enterprise of economics. Through the office of Secretary of the Treasury, he was allowed to bring up the idea of a national bank. This government owned and ran the bank that would help the American people recover from the Revolutionary War, help them regulate currency, and help control the economy in America. During the discussion of this bill for a National Bank, the issue of implied powers concerning the Constitution came up and the principle of powers was the government had the right to make laws necessary and proper to help the people of America. Hamilton thought these powers were needed to run a good and strong government because it would protect the people from corrupting anything. He thought that the only way for a government to stay stable is for it to be allowed the ability to change and make any adjustments it needed. In 1791, the bill for the starting of a national bank was passed, but the only problem with the issue of powers was that no one knew exactly where the government would stop. In 1798, the government practiced into the policy of powers with the Sedition Act. The Sedition Act stopped people and it showed that the policy of powers of the government could very well be taken too far with

The creation of the first national bank in the United States was of utmost importance in setting precedence for how much power the constitution actually grants the government. The debate over whether to create a national bank raised many questions over the constitution that hadn’t been tested before. It also raised questions about what the government can do when the constitution has no written clause on a certain subject. In looking at the arguments from Alexander Hamilton, James Madison, and Thomas Jefferson regarding a national bank, people can find out more about how some of the leading founders of the Constitution wanted to see the United States government run.

Whose side would you have been on in the 1790s, Thomas Jefferson’s or Alexander Hamilton’s? Both of these men served under George Washington in the first presidential cabinet, yet they had very different views of what government should be (Davis 86). My objective in this research essay is to inform the reader of why there was so much controversy between these two founding fathers, and to determine which side had the better views for our newly forming country.

This was for several reasons, primarily being the hypocrisy of using the “necessary and proper clause” after having attacked Hamilton relentlessly for having used the same clause to set up a National Bank. It is obvious just how much hypocrisy was taking place when we see Jefferson comments regarding the National Bank, in which he said, “

Hamilton’s first financial policies were intended to fund the national debt and to have the federal government assume the debts owed by the states. His main goal was to achieve the finical stability needed to fight another war if one would arise. With the foreign threats of Spain and Britain, as well as the state of power that might diminish national power.

Another matter the two men disagreed on was the establishment of a national bank. Hamilton wanted a national bank so he could forge a relationship between business and the federal government. Jefferson, on the other hand, thought that such a bank would encourage people to leave agriculture for guesswork and give business interests too much power in the federal government.

At this time the government was funding its debt through private banks such as the Bank of North America and the Bank of New York. Not satisfied with the structure of American banking, Hamilton reported to Congress the need to establish a National Bank in December of 1790. The Senate created a committee to study Hamilton’s proposal. On the committee were men who shared Hamilton’s ideas in fiscal matters, and that of a strong federal government. One of the members, General Schuyler, was Hamilton’s father in law. It was of no surprise that a bill arose out of the committee supporting Hamilton’s plan to incorporate a Bank of the United States.

Hamilton also proposed to pay off the foriegn debt and to issue new bonds to replace the old bonds. One of the most significant things Hamilton did was propose the idea of a national bank that would be funded by the federal government and private investors, and that would also issue money and handle all government funds. During the XYZ affair, the Federalists prefered to fight the French than to pay or negotiate, as the Republican position confirmed. The Federalists also agreed with and helped pass such laws as the Naturalization Act, the Alien Act, and the Sedition Act.

30, Alexander Hamilton writes all about taxes and taxation in this essay. He has much to say about taxes and the good that they are doing in shaping the nation. He believes that the power to collect taxes when necessary is extremely important for the governmental success. Recently, someone tried to pick apart this essay and state that some senators had the power to limit that excessive amount of spending that the goverment has been up to lately. However, this essay came back into play and proved that idea wrong. Everything was set back into place because of Hamilton's brilliant

Gordon sums up the American economic history in six chapters of his book. He explains that the United States had taken on huge debts following to the American Revolution. In order to pay such debts back, Hamilton created the federal bank and convinced the Congress to issue federal bonds. This way the federal government could make interest payments on time, build credit and keep the inflation from rising. Hamilton thought that the national debt could be a useful tool in order to create capital for the new industries. In his book, Gordon also recalls that soon after the 1812 War the seventh President of the United States cleared the government debts thanks to surpluses deriving from high tariffs. Then, he explains that the introduction of the first Federal income tax in America during the Civil Was turned out to be crucial in order to investigate how to distribute the tax