Comparison Of Jefferson Vs. Hamilton

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Jefferson and Hamilton both articulated admirable visions of America’s future, and both believed to be carrying out the legacy of the revolution. Hamilton favored a strong central government, a balanced market oriented economy and a national bank. Jefferson, on the other hand, desired to create strong state governments, have agriculture as the backbone of America and little government involvement within the economy. Despite the merits of each vision, implementation of only one of the plans would have led to either a very different or shortened American history. As such, it was necessary for the plans, to “blend” in an unconventional way. With both politicians insisting their plans were in the best interest of the country, an outright compromise …show more content…

In the initial stages of independence, the United States was still a weak and vulnerable country. Thus, it was necessary to implement plans that not only had the goal of a bright future, but would help the United States survive to that point. Due to the countries weak state, and his influential position atop the United States treasury, Hamilton was able to implement most of his economic policies. The biggest of which were his consolidation of international and domestic debt and creating a national bank. Republics were seen as weak back then, they very rarely succeeded and the U.S. was already in a vulnerable state because of the revolutionary war. Hamilton’s national bank and centralized government was a good idea in this aspect because it not only would create a sense of unification and power among the U.S. but it also put foreign debts first, which was …show more content…

Jefferson’s anti-federalist party, or what became the Democratic Party still remained, however the Whig party, which was formed in opposition to Jackson, had some resemblance to the Federalists. Segregation between these two parties in Antebellum America resembled a similar split between Hamilton’s Federalists and Jefferson’s ant-Federalists years ago. The southern economy was formed and developed in the 18th and 19th century mainly by the exportation of cash crops. As a result, the southern population lived according to family values; residing in neighborhood-based communities and small farms, with the exception of planters. Democrats supported the southern economies way of life, promoting the expansion of new farmlands and the independent yeoman farmer. The northerners that supported Jackson 's Democracy were the small farmers, small businessmen and the cultural minorities. These are the people who resided in areas with small farms, few slaves and limited market activity. Limited government involvement and an emphasis on agriculture, concepts desired by Jefferson, were still being implemented and enforced by the Democrat’s party.19th century Northern economy was born out of the transportation revolution and created a strong market economy. Due to this, the Whig party reflected the increased growth in the

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