Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed...
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Transcript of Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed...
![Page 1: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/1.jpg)
Hamilton vs. Jefferson
![Page 2: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/2.jpg)
Overview on their beliefs…• Hamilton, being from the
North , backed manufacturing, higher tariffs and business
• Hamilton wanted a strong central government
• Hamilton did not want people to have
much power because he had little faith in the average person
• Jefferson, being from the South , backed farming and lower tariffs
• Jefferson wanted strong powers for the states
• Jefferson believed that the people had the right to rule the country
![Page 3: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/3.jpg)
Hamilton’s Economic Beliefs: Believed in higher tariffs , which would raise the price of foreign products
![Page 4: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/4.jpg)
Jefferson’s Economic Beliefs: Jefferson worried about depending too much on business and believed
that farmers were independent voters
![Page 5: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/5.jpg)
Hamilton wanted to start a national bank where the government could safely deposit its
money; thought the government should also build a national mint (a place to make coins) so
that America could start printing its own money
![Page 6: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/6.jpg)
Jefferson thought Hamilton’s plans for a national bank gave too much power to the federal government
![Page 7: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/7.jpg)
Hamilton responded to Jefferson’s opposition by quoting the elastic clause , which states that
Congress can “make all laws which shall be necessary and proper ” to govern the nation
![Page 8: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/8.jpg)
Hamilton and Jefferson’s Interpretations of the Constitution
• Hamilton believed in a loose construction of the U.S. Constitution (federal government can take reasonable actions that the Constitution does not specially forbid)
• Declared the elastic clause allowed for the creation of a national bank
• Jefferson believed in a strict construction of the U.S. Constitution (only do what the Constitution says – no reading between the lines)
• Thought the elastic clause should only be used in special cases
![Page 9: Hamilton vs. Jefferson. Overview on their beliefs… Hamilton, being from the North, backed manufacturing, higher tariffs and business Hamilton wanted a.](https://reader035.fdocuments.us/reader035/viewer/2022081507/5518c959550346881f8b59b3/html5/thumbnails/9.jpg)
President Washington and Congress agreed with Hamilton ; Bank of the United States – country’s
1st national bank (1791)