Honest Abe, Abraham Lincoln
Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favoured financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.
Who was Thomas Jefferson?
American statesman, lawyer, builder, philosopher, and Founding Father Thomas Jefferson presided over the country as the third president from 1801 to 1809. Prior to that, he served as George Washington's first secretary of state and John Adams' second vice president. The fundamental and universal ideals of self-government that Jefferson outlined in the Declaration of Independence will always be praised for serving as the foundation of the American national ideology.
Hence, Unlike Hamilton Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favored financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.
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Answer:
The group that formally abolished the monarchy was the Cavaliers. After the monarchy was abolished, the English Commonwealth was created. It was led by Oliver Cromwell, who later took the title Lord Protector. This leader was a Puritan, meaning that he supported removing Catholic rituals from the Church of England.
Explanation:
Oliver Cromwell led the faction fighters in an onslaught against the monarchs. In this way he managed to demolish the monarchy with the help of a group called Cavaliers. As the monarchy was abolished, the country became a republic (called the "Commonwealth of England") over a hundred years before the French Revolution.
With the victory won, Cromwell became the new president of the State Council, after helping to share large tracts of land with the small peasants who fought in his favor. However, after taking power for the first time in the Republican system, he eventually excluded the lower strata of political decisions and ruled England severely and authoritatively.
