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Alexander Hamilton Thomas Jefferson
Thomas Jefferson as president
Alexander Hamilton Thomas Jefferson
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A conflict between Alexander Hamilton and Thomas Jefferson took a shape of the United States in the nineteenth century. The Federalists, led by Hamilton, advocated a strong central government could lead the country forward. Their opposition was the Democratic Republicans, led by Jefferson, trusted the common man could make decision for the country and emphasized the importance of decreasing power of the central government and increasing state’s right. Both political parties had good intentions for the future of the United States and had a strong influence on the history, but the Federalist Party was more effective in many ways. On Economics, Jefferson supported yeoman farmers and believed strongly in agriculture being the base of our nation’s income, while Hamilton wanted a balanced economy with agriculture, trade, finance, and manufacturing. In addition, Jefferson did not support government aid on trade, finance, and manufacturing and opposed the establishment of a national bank, while …show more content…
In 1791, Congress chartered the first Bank of the United States. The Bank was given the power to meet the financial needs of the newly formed government. When the Bank’s charter expired in 1811, the Democratic-government refused to renew its charter. Therefore, state bank had a responsibility to make loans and issue money with vast of money in circulation, prices rise rapidly. Without national bank the economy suffered. As a result, the problem to finance the War of 1812 led to a revival of the Bank of the United States. In1816, a second national bank was chartered. National bank got the power to control the nation’s money back. In 1819, in order to drive the Bank out of state Maryland attempted to tax the Bank. In McCulloch v. Maryland, the Court rules that states have no right to interfere with federal institutions. It made federal power stronger and encouraged the national bank to
This bank held government money and controlled the economy by making it easier for local banks to borrow money from it to loan it to manufacturers and factories. As the idea arose the cabinet, Jefferson protested that such a bank was unconstitutional because it favored the north over the south since the bank did not loan money to farmers for land expansions. Being true as it is, the bank drastically boosted our economy and had a great future for our nation. Since it was unconstitutional, a compromise said that the bank would only be funded for 20 years. So as soon as Andrew Jackson was elected, he destroyed the bank. In response to this, our nation suddenly falls into a major depression. No one had jobs and the economy was dying. This showed the brilliance of the national bank and how much it helped our economy. Adding onto this, the bank began the formation of the Federalist and Democratic
The first political parties in America began to form at the end of the 18th century. "The conflict that took shape in the 1790s between the Federalists and the Antifederalists exercised a profound impact on American history." The two primary influences, Thomas Jefferson a...
On the flip side, the Democratic-Republicans wanted their agricultural nation because it caused less power for the federal government and more power for the states. In conclusion, the parties were different than similar, but still were similar none the less. The Federalists stood for manufacturing for the nation because with the manufacturing would come wealth and that was the goal with the Federalists. However, the Democratic-Republicans stood for agriculture because they thought that, that would make the nation holier, and Thomas thought that in doing so America would be the chosen people of God. Even though Thomas had a good intentionality, I would side with Hamilton because he thought things through in the long run.
One of the major leaders of the party was Alexander Hamilton. Hamilton was one of the main supporters and advocates for the development of the Constitution. His desired version of the Constitution clearly reflected the ideals and agenda of the Federalist party. The ideals of the Federalist party involved limited state powers, and a very strong centralized government. It was these ideals that essentially led to the development of the Anti-Federalists who feared that such great allocations of power to centralized government would lead to a centralized rule that could not be controlled. Once the Federalists had control of the federal government, the fears of the Anti-Federalists quickly came to fruition. Although the Anti-Federalists were in opposition to the actions and strength of the federal government under Federalist control, certain accommodations were made to appease some Anti-Federalists. The main one being that Thomas Jefferson, a leader of the Anti-Federalists was made vice-president after losing in a presidential
Alexander Hamilton exerted the most influence in the new Federalist Party. He believed that only an enlightened ruling class could produce a stable and effective federal government. The government therefore needed the support of wealthy men. Thomas Jefferson and the Republicans defended more the rights of the common man and an agrarian society with little power from the federal government. His basic principle was "in general I believe the decisions of the people in a body will be more honest and more disinterested than those of wealthy men."
George Washington and Thomas Jefferson were two important men who affected our nations independence and the beginning years of our country. They helped form this nation into a free and sovereign country. Yet, they were different in many aspects they shared a few common features. Both Washington and Jefferson grew up in the southern state of Virginia and like most owned land to grow and harvest crops. In growing up they came from two different class levels of living. The Jefferson family was more famous and richer than Washington’s giving him a greater advantage and opportunity to succeed, especially in higher education. After Jefferson finished regular schooling he was able to attend the College of William and Mary were he studied law. He did so under the teaching of George Wthe who was considered perhaps the greatest teachers of law in Virginia at the time. Washington however was taught by his mom mainly in mathematics and received no higher education. Washington was still knowledgeable and began to put it to use in the army to become as a young British soldier. He interred the army at the young age of nineteen were he began to learn leadership and military strategy which would prove useful in the Revolutionary War to come. Jefferson on the other hand was involved in the laws, courts, and small politics. At the young age of twenty-five Jefferson was elected to the House of Burgesses in Virginia were he served for five years. Washington was known for his great motivational speeches that would rally troops together to prepare for war and lead on to victory. Jefferson was more of a writer not a speaker and by using his skill he wrote and brought forth fresh ideas of independence and freedom.
Hamilton's Federalist Party and the Democratic Republicans led by Thomas Jefferson had polarized views on the majority of the important political issues. These two political parties which possessed differing opinions and views pertaining to the future of the U.S. government were persistent in their respective arguments against each other. The strongly contrasting views of these two parties are the foundation of the puissant and sometimes callous attacks by the Republicans against Hamilton and his economic plan. Although Alexander Hamilton was viewed as an arrogant self-promoting individual, the primary reason he faced fierce opposition from the Democratic Republicans against his economic plans was strictly rooted in the fundamental differences that Hamilton and the Republicans held when debating their proposed structures of the U.S. government.
As the young colonies of America broke away from their mother country and began to grow and develop into an effective democratic nation, many changes occurred. As the democracy began to grow, two main political parties developed, the Jeffersonian Republicans and the Federalists. Each party had different views on how the government should be run. The Jeffersonian Republicans believed in strong state governments, a weak central government, and a strict construction of the Constitution. The Federalists opted for a powerful central government with weaker state governments, and a loose interpretation of the Constitution. Throughout the years, the political parties have grown, developed, and even dispersed into totally new factions. Many of the inconsistencies and changes can be noted throughout the presidencies of Thomas Jefferson and James Madison.
“Hamilton feared anarchy and loved order; Jefferson feared tyranny and loved liberty” (Tindall & Shi, 2010). Jefferson had an agricultural background due to his family. Unlike Hamilton who favored industrialism and manufacturing to make the United States a rich nation, Jefferson favored agriculture and felt that the states themselves and the common people should carry more power than the federal government. Hamilton was seen an elitist, who despite his poor background, saw the common people more as a means to an end. He considered them as the workforce and the base of income by levying taxes. In his opinion only rich and educated people should be a part of the government and that the federal government should carry all the power. Thomas Jefferson was appalled by Hamilton’s willingness to demonstrate military force against common people who were standing up for their rights.
He was bold and persuasive and his philosophies quite extraordinary for his time. Jefferson’s agricultural viewpoint was vastly different from Hamilton’s manufacturing perspective. Though they both envisioned a great and prosperous nation, they had contrasting opinions on how this should occur. Hamilton, a Federalist, believed the rich and powerful should be the central government for all people, as they knew better how to foster and protect the em... ...
According to Pancake (1974), the divergence of views between Thomas Jefferson and Alexander Hamilton appeared in the1790s. Alexander Hamilton was a Federalist, while Thomas Jefferson was an Anti-federalist; nevertheless, they both significantly influenced the American history (Scott, 2008). The Anti-federalists were characterized by favori...
Have you ever wondered what Alexander Hamilton would be able to accomplish if he had not been killed by Aaron Burr? Hamilton, one of the Founding Fathers, was a talented man who achieved many things during his lifetime. Therefore, it is no surprise that he could attain a higher position in the office and even become a president. In fact, with him being a president, many events could be changed, including the War of 1812, the slavery system, and even the size of the country.
Throughout the period dating from 1801 to 1817, the United States government was primarily controlled by the Jeffersonian Republican party, whereas the Federalist Party began to slowly fade away from public view. The Jeffersonian Republican party, led by Thomas Jefferson, professed to favor a weak central government through the support of more states' rights, "...that the states are independent... to...themselves...and united as to everything respecting foreign nations." (Document A). The Federalists of the United States were known as the loose constructionists, where if there is something which the constitution does not state, then it should be allowed to be done. The Jeffersonian Republicans were known as strict constructionists for their views towards the constitution that if there is anything that is not in the constitution, then it cannot be done. The Jeffersonian Republican party centered many of their political moves on the basis of creating a strong agricultural society with a weakly centralized government where each of the states have more rights to govern themselves, where the Federalist party believed more strongly on industrializing the nation and creating a strong central government. Even though strict constructionism was the idea behind the Jeffersonian Republican party, both Thomas Jefferson and James Madison both have evidence against them which can prove that they were not strict constructionists. This is based on different political moves made by these two presidents which are more towards the Federalist side of things opposed to their own Republican and strict constructionist ideas.
Jefferson’s beliefs in local self government created differences between himself and Alexander Hamilton which created the Federalists (Hamilton followers) and the Democrat Republican’s (Jefferson followers).
Despite the oncoming bankruptcy of the state banks, prior to Jackson’s administration the government did not show much support in their survival. In fact, the government played a large role in the functioning of the Second Ban...