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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I think the first! not completely sure tho
A result of President Carter's desire to ease tensions with China was increase trade. President Jimmy Carter started to ease tensions with China by recognizing the communist regime in January 1979, with that trade was increased, along with cultural, commercial “and other unofficial relations”.
Answer:
Explanation:
The Populist movement was a revolt by farmers in the South and Midwest against the Democratic and Republican Parties for ignoring their interests and difficulties. For over a decade, farmers were suffering from crop failures, falling prices, poor marketing, and lack of credit facilities.
