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Compare and contrast the arguments of Hamilton and Jefferson regarding the bank of the united states



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He thought states should charter banks that could issue money. Jefferson also believed that the Constitution did not give the national government the power to establish a bank. Hamilton disagreed on this point too. While Hamilton distrusted popular will and believed that the federal government should wield considerable power to steer a successful course, Jefferson placed his trust in the people as governors. All of these measures strengthened the federal government's power at the expense of the states.

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