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<em><u>Thomas Jefferson opposed Hamilton's bank as he believed that it was unconstitutional and he was of the idea that such an institution wasn't going to benefit an agrarian system. </u></em>
Further Explanation:
Alexander Hamilton who had wealthy ties because of his marriage, was the one who was at the leading end of the Federalists. The Federalists were synonymous with representing the seaports' interests. The Anti-federalists whose leader was Thomas Jefferson identified with the interests of the Southerners and rural population.
Both of them identified with different goals and interests and hence were at the opposing ends.Hamilton wanted a central government that was strong and worked towards the expansion and improvement of commerce as well as industries; an efficient and a more organized life was introduced because of him. Also, a decentralized system of economy was introduced. He understood the integrity of the consolidated position of the government in foreign affairsaffairs but was reluctant to the idea of giving powers in other fields. Hamilton entertained the belief that the idea of national Bank is totally constitutional, Jefferson thought otherwise.
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1. Those who favored American imperial expansion in the late 19th and early 20th century believed it would?
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Answer details:
Grade: High school
Chapter: Hamilton vs Jefferson
Subject: History
Keywords: Alexander, Hamilton, marriage, Federalists, Thomas Jefferson, rural, population, economy, central government.
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