Thomas Jefferson And Alexander Hamilton

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Thomas Jefferson and Alexander Hamilton were two Founding Fathers with contrasting backgrounds that shaped their views and desires for the new nation. Jefferson, an anti-federalist from a wealthy, agricultural background advocated for the protection of states’ rights and the limitation of federal power. Hamilton, a federalist born from a poor family and who established himself through the military, advocated for a strong, central government. Both Jefferson and Hamilton would find themselves at ends with one another on a multitude of issues when it came to how the new nation would be organized. One topic that caused much controversy between the two Founding Fathers was the establishment of federal banking system. After the Revolutionary War, America found itself in near crippling debt and no essential way to bring in income rather than relying upon the states. Hamilton sought to implement a national bank to assist in administrating the nation’s finances and argues that it would create a more efficient, prosperous nation. Conversely, Jefferson saw necessity in having an agrarian economy and argued that not only did a federal bank give the national government too much power, but that it was also unconstitutional. When comparing the strengths of Hamilton and Jefferson’s arguments on the establishment of a national bank, it is evident that Hamilton’s argument for a national bank was superior to the antifederalist opposition. Hamilton’s Report on a National Bank documents the
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