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Essay about jefferson vs hamilton
Essay about jefferson vs hamilton
Essay about jefferson vs hamilton
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Essay about jefferson vs hamilton
Essay about jefferson vs hamilton
Essay about jefferson vs hamilton
Don’t take our word for it - see why 10 million students trust us with their essay needs.
After the new Federal Constitution went into effect, those supporting it split between Thomas Jefferson and Alexander Hamilton. The ones who chose Hamilton, supported his economic plan. Hamilton’s plan for the nation included consolidating the state's’ debts under the federal government. He issued a report in which he proposed that the Federal government assume and fund all of the debts. He would then pay it by issuing new bonds at an interest rate of 4% payable over 20 years.
“Experience hath shewn, that even under the best forms of government, those entrusted with power have, in time, and by slow operations, perverted it into tyranny,” said Thomas Jefferson, who believed in strict constitutional interpretation, a simple republican society, and the opposition of a powerful, centralized government. Opposed to Hamiltonian visions such as an industrialized nation, a powerful centralized government, the U.S Bank, high tariffs, and an approbation towards the white collar or upper class, Jefferson proposed ideals of agrarianism, a weak centralized government allowing more power to the individual, a miniscule standing army, and an approbation towards the blue collar or working class. Though Jefferson proposed many of these ideas, he was not able to act on many of them throughout his presidency. Due to certain circumstances dealing with war, the Embargo Act, and other urgencies during his presidency, Jefferson was forced into leading a more powerful, centralized government, contesting with his original hopes for the nation.
Thomas Jefferson during the 1790’s-1800’s while working with federalists Alexander Hamilton, his viewpoints were different. During the 1790’s Jefferson was known to be in the democratic-republican party where he progresses an ideal structure of equivalencies between money and weight standards with the American/Spanish currency. Jefferson took charge of the republicans after a conflict created two parties, republican-democratic and the federalist, who empathized with the revolutionary cause in France. While attacking the federalist policies, Jefferson opposed a strong centralized government and granted the rights of states. While Jefferson was in presidency, he cut down on the Army and Navy expenditures, cut the U.S. budget, eliminated the tax
Jefferson vs Hamilton’s Inspiration and Beliefs The Federalist ideas of Alexander Hamilton influenced the future Democratic Republic government, created by Thomas Jeffferson as president, by finding the money management used by America and the beliefs behind negotiation and centralized government. During the late 1700s, Hamilton became the secretary of state and created the plan to bring America out of its debt. As a federalist, many of his ideals included the elastic, or necessary and proper, clause and giving more power to the government, as this affected his plans of taxation, banking, and constitutionality in certain decisions made by the government. These Hamilton inspired ideas changed America’s perspective on nationalism and power of
In Federalist No. 70, Alexander Hamilton called for a vigorous executive capable of responding promptly to national crises [2]. Federalists also noted the need for a stable economic system for the country's prosperity. In the Federalist Papers, Alexander Hamilton called for a national banking system along with a good government to manage the nation's finances. He argued a national bank would stabilize the economy and spur economic growth [3]. Federalists like John Jay also proposed a strong central government necessary for national security.
Thomas Jefferson and the other politicians who agreed with his views (Democratic-Republicans), were inclined to believe that the American Revolution was an act of pure rebellion, only unifying with the other colonies for a common goal of independence. Such a view, if strictly followed, would mean there would have been no reason for the colonies to stay unified, and this scenario would have surely been the end of an established powerful nation. Alexander Hamilton and the Federalists on the other hand, tended toward the view of advancing the current American experiment with a few sacrifices that would cause great turmoil amongst the states but ultimately unify them. One of these great sacrifices would be to establish a national bank in which state debt would become a total sum known as a national debt. His view was that unless each state felt indebted and/or dependent toward a federal government, that the union would eventually fall apart, and what made the United States powerful and capable of claiming their own independence would fade away.
Alexander Hamilton and the Federalist had different ideas did Thomas Jefferson and the Republicans. (Schultz, K. M. 203). The Federalists believed they could learn a lot from Great Britain and that the United States should be designed like England 's government. they wanted centralized bank and Federal Constitution.
• Both Hamilton and Jefferson saw our nation as having a future where America would be a great power; however, their plans to arrive there were very different. Federal Government- • When it came to federal government Hamilton favored a strong central authority. He believed that a strong central government was necessary to provide order. This order would make it so that the industrial world could grow in America.
From 1794-1824, Thomas Jefferson and Alexander Hamilton had contrasting views on how the government and country should operate. Hamilton focused on fixing short-term financial issues through his Financial Plan by uniting the states under a national bank and creating protective tariffs to establish American manufacturing. Jefferson opposed many of Hamilton's ideas because he feared they would give too much power to the federal government. He encouraged farming and resisted Hamilton's belief in a strong manufacturing system. Both visions fought one another to gain favor, but one was more prominent overall.
that having a strong national government would be ideal to protect those areas (Federalist Party).Hamilton strongly believed in this concept and fought for a strong national government that would make the country, as a whole, stronger than if the individual states had all the power. Thomas Jefferson and James Madison were the leaders of the Democratic-Republican party. They believed that the states should stay independent because they did not want to go back into a government they had when they were ruled by the British. The Articles of Confederation was the first “Constitution”. While the Articles of Confederation were in effect, all the “states were independent and they remained sovereign” (Articles of Confederation).
Jefferson's democratic-republican party views are always contradictory to the Federalist party founded by Alexander Hamilton. Jefferson believes in small federal government and more powers to individual states, his policies are around people and they should rule the government. Jefferson always follows strict constitutional rules. Jefferson always believed the country economy will improve through the agriculture. Hamilton views are very contrasted to Jefferson's view.
The decision between pursuing the ideas of either Alexander Hamilton and Thomas Jefferson may be perplexing, but in the eyes of a banker from New York, the choice is obvious. Being a federalist, the belief is that the higher class and more educated people should run our new and aspiring country. Alexander Hamilton, from the federalist party, has superior reasons than Thomas Jefferson, with full respect. The United States of America broke away from Great Britain. A major issue that angered, at the time colonists, was the taxes being imposed from Great Britain.
Hamilton wanted to create public credit with a treasury system, a national bank, a mint, and increase manufacturing which would help unify the country. On the other hand, there was Jefferson, who opposed a strong central government. He argued that the “wealthy would gain at the expense of ordinary Americans and that Hamilton’s political economy would corrupt the morality of citizens and undermine the social conditions essential to republican government”(Powerpoint). The country would opt for an approach closer to Hamilton’s views. One of the first acts was the National Banking Act.
One of Jefferson's previous works, The Kentucky Resolutions, opposed established laws and acts by the Federal government. It favored stronger state government, something Democratic-Republicans strongly agreed with. It brought success, giving the right to states to declare laws and acts unconstitutional. This success was done by Jefferson himself, for helping create this resolution. Jefferson, in his
Alexander Hamilton was a Federalist who believed in his loose Constructionist views, a support for manufacturing and trade, and a strong national government. Thomas Jefferson, a Democratic-Republican, believed in his strict Constructionist views, a support in agriculture, and a strong state government. These two both played impacts on the Early Republic. However, Hamilton’s views on the Constitution, the central government, and an ideal economy greatly influenced the formation of the United States in the Early Republic times. Hamilton’s loose constructionist ideas overrode Jefferson’s strict constructionist views, as seen in the National Bank.