hamilton versus vs jefferson

Though both Alexander Hamilton and Thomas Jefferson served as members of President Washington’s cabinet, the two held very different views on the newly founded U.S. government and the role of the masses in that government. During the 1790‘s the views of Hamilton and Jefferson would develop into two competing political views and eventually form the basis of the first political parties in the U.S.. They both debated on the economics central government/different political views, and foreign policy. However, I believe Hamilton had better views for America.

Hamilton became secretary of the treasury in 1789. He had a complex financial plan which consisted of five major components: funding at par, assumption of state depts, tarrifs, excise taxes, and an establishment for a national bank. Funding at par would bolster the national credit and urge Congress to pay off the entire national debt. Assumption of State depts would urge Congress to assume the states’ debts. Excise taxes secured an excise tax on a few domestic items such as whiskey. The foundation of Hamilton’s financial plan was a Bank of the United States. He proposed that C

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The provisions of these acts not only ran counter to the Constitution but caused Jefferson and Madison to pass the Virginia and Kentucky Resolutions. Hamilton did not want to pay back the inverters right away (unlike Jefferson). He felt that a lot of power should not be given to the government, but that it should stay with the people. Federalists condemned the French Revolution while Republicans praised its democratic ideals. During the administration of John Adams (1796), Federalists passed the Alien and Sedition Acts as a assault on Republican party power.

Foreign policy in the 1790‘s further fomented the emerging political parties. The Democratic-Republican Party, headed by Jefferson and James Madison, wanted a weak national government and stronger independent state government. The United States was tied to France by the Franco-American alliance of 1778. Alien Acts also raised requirements for U. Thomas Jefferson on the other hand had a different view of society. citizenship from five years to fourteen years. He e decided to have excise, and tariff, which were taxes to pay back the the nations debt. Hamilton wanted the government to encourage manufacturing, and he recommended measures for that purpose.

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