Question

How does the disagreement over the creation of the Bank of the United States reflect the ideological differences that separated Hamilton and Jefferson?

Answer 1

Hamilton wanted power to rest with the federal government, Jefferson wanted more power to rest with the state governments.

Answer 2

Jefferson trusted the country's quality lay in its horticultural roots. He supported an agrarian country with most powers saved for the states. He was extremely restricted to a solid focal specialist and trusted that the general population were the last expert in government.

Hamilton supported a solid focal expert. He trusted a solid government was important and business and industry could develop. He imagined America turning into an industrial power. He looked to set up a national bank and reserve the national obligation so as to set up firm base for national credit.