The right of Northerns to own slaves
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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This is a false statement. For exapmle Ellis Iland...
The answer to the question above is the resolution gave President Johnson war-making powers without a declaration of war.
Senator Wayne Morse opposed the Gulf of Tonkin Resolution because the resolution gave President Johnson war-making powers without a declaration of war. According to him, the resolution violates the Article One of the United States Constitution.
<span> popular sovereignty and limited government.</span>
