DiscoveryEducation-Response-Sheet

Enduring Debate: Jefferson vs. Hamilton

Your Results and Historical Notes

21

Issue Jefferson Hamilton Historical Notes

Issue 1 of 3 Jefferson opposed Hamilton America did develop a central
the national bank. supported the bank, but it was a hotlydebated
America must national bank. issue. In 1790, Congress
have a Lorem ipsum authorized the creation of the
centralized -- my Bank of the United States. It was
national bank answer. meant to help repay war debts,
to establish create a common currency, and
the credit allow for increased industry.
needed for Before the creation of the
industrial national bank, each state issued
expansion. its own currency. The national
bank was headquartered in
Philadelphia, with eight other
branches throughout the
country. Hamilton felt the bank
would lend more authority to
the new government, but
Jefferson feared it could lead to
corruption.

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Issue 2 of 3 States should Fed should assume The federal government did pay
assume war debts. war debts. the war debts, but this, too, was
The states, a hotly debated topic, and one
not the that divided Federalists and
federal AntiFederalists. Hamilton and
other Federalists argued that
the United States needed to
consolidate the debt incurred
by each state, then devise a plan
to pay it back. Part of this plan
included tariffs, or taxes on
imported goods. Federalists
stated that the only way to have
a successful government was to
secure an income stream and

government, assume war debts.
should
assume war Delor ipsulum take care of debts. Not
debt from the - my answer. surprisingly, AntiFederalists
Revolution. feared allowing the
Revolutionary War debt to
become a national problem.
They worried that making the
debt the nation?s responsibility
would grow the government too
large. They also had concerns
about taxing imports because
they were worried it would put
an unfair burden on Southern
states as these states imported
more goods than Northern
states.

Issue 3 of 3 A bill protecting We do not need a Not only was the Bill of Rights
individutal rights separate bill to adopted, it became one of the
The will ensure our protect our most important documents in
Constitution freedom. freedom. United States history. George
should Mason, a friend and ally of
include a bill Lorem ipsum, Thomas Jefferson, wrote a draft
to protect Jefferson of the Bill of Rights, and in spite
individuals' rocks. of the Federalists? arguments
rights and that it wasn?t necessary,
limit the Congress submitted 12
government's amendments to the states. The
powers. states ratified 10 of those and
they became the first 10
amendments to the
Constitution on December 15,
1791. While some of the rights
protected, especially the Second
Amendment right to bear arms,
are still debated today, the Bill
of Rights continues to be a
cornerstone of American
democracy.

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