The difference of opinion between Thomas Jefferson and Alexander Hamilton about the role of a national bank is primarily based in the differences in their views about politics and economics, and their interpretation of the Constitution. Jefferson and Hamilton were both fundamental in the creation of the Constitution and the present government. They both agreed that the government needed some changes, but that is where the similarities ended. After the revolution, one of the main …
showed first 75 words of 491 total

showed last 75 words of 491 total
…the Alien and Sedition Acts. Washington signed that a bank was necessary, and created the First National Bank in Philadelphia for twenty years. The supporters of Jefferson and Hamilton formed the first political parties, the Democratic-Republicans and Federalists, respectively. The different views also represented the views of the different classes, as those who supported Hamilton were merchants and the wealthy, while those whose views were shared with Jefferson were the lower class farmers and workers.