Hamilton suggested that the government should create the Bank of the United States Jefferson protested because this was not allowed by the Constitution. Hamilton opposed the view of Jefferson and stated that the Constitution's writers could not have predicted the need of a bank for the United States...
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Hamilton said that the right to create the Bank of the United States was stated in the "elastic" or the "necessary and proper" clause in which the Constitution gave the government the power to pass laws that were necessary for the welfare of the nation. "This dilemma revisits the ever lasting dispute between the "strict constructionists" (Jefferson) who believed in the strict interpretation of the Constitution by not going an inch beyond its clearly expressed provisions, and the "loose constructionists" (Hamilton) who wished to reason out all sorts of implications from what it said"...
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AMERICANS Another of Hamilton's legacies was his pro-federal interpretation of the U.S. Constitution. Though the Constitution was drafted in a way that was somewhat ambiguous as to the balance of power between national and state governments, Hamilton consistently took the side of greater federal power at the expense of states...	1 / 173
Alexander Hamilton Tension grew enormously between Hamilton and Jefferson and developed into a political battle and two major parties formed; the Jeffersonians, led by Jefferson, and the Federalists led by Hamilton...	2 / 334
Constitutional Convention During his term of vice-presidency, Jefferson anonymously wrote the Kentucky Resolutions which expressed his views of politics. In here he states that "whenever a government assumes undelegated powers, its acts are unauthoritative, void, and of no force?...	2 / 342
Federalist V. Democratic Republican He was always looking for a chance to bring down his good name. There was a time when things got so bad between them; they were reprimanded by the President, himself...	2 / 387
Hamilton and Jefferson The Federalists promoted in helping industry grow such as factories, in the newly formed United States. Democratic-Republicans thought that the United States should support the farming industry...	1 / 253
Ms As the first secretary of the treasury he placed the new nation on a firm financial footing, and although his supporting of strong national government brought him onto bitter conflict with Thomas Jefferson and others, his politcal philosophy was ultimatly to prevail in governmental development...	2 / 499
jefferson and hamilton Jefferson also argued that no where in the Constitution was it written to establish a bank which Hamilton greatly opposed. Hamilton argued that because of the large amount of facts, more authority had to be implied on general parts of the Constitution...	2 / 332