Question

What were the main differences between Hamilton and Jefferson's views on the creation of a national bank?

Answer 1

Many Fathers of the constitution did not believe in paper money if it di not had the equivalent in gold or silver in a vault. Hamilton suggested a national bank and the currency would be backed up by the vigor of the economy, just like today. Jefferson only believed in agrairian activity.

Answer 2

jefferson argued that it was not consitutional. hamilton said it was under the necessary and proper clause.

Answer 3

Monthly ckecking fees.

Answer 4

They couldn't decided whether it should accept Visa or Mastercard.