5. Why did Jefferson oppose Hamilton’s plan for creating a national bank? Select all that apply. (2 points)
He argued that Congress did not have the constitutional power to establish it.
He felt that there would be no way to effectively run a national banking system.
He believed that it gave the federal government too much power.
He believed that Americans would protest if it was established.
Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful [harmful, destructive] effects of the spirit of party generally.
This spirit, unfortunately, is inseparable from our nature, having its root in the strongest passions of the human mind. It exists under different shapes in all governments, more or less stifled, controlled, or repressed; but, in those of the popular form, it is seen in its greatest rankness [state of being excessive and unpleasant], and is truly their worst enemy. . . .
It agitates the community with ill-founded jealousies and false alarms, kindles the animosity of one part against another, foments [stirs up] occasionally riot and insurrection. It opens the door to foreign influence and corruption, which finds a facilitated [made easier] access to the government itself through the channels of party passions. Thus the policy and the will of one country are subjected to the policy and will of another. . . .
George Washington, Farewell Address
Use the excerpt to answer the question.