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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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The headline or heading is the text indicating the nature of the article below it. The large type front page headline did not come into use until the late 19th century when increased competition between newspapers led to the use of attention-getting headlines.
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<h3>Georgia's waterways serve as important inland “highways” for social, political, and economic growth. Is one of the most important containerized ports in the United States. Has the 5th largest container ports in the nation. Hope this helps :)</h3>
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The immense economic inequality we observe in the world today didn’t happen overnight, or even in the past century. It is the path-dependent outcome of a multitude of historical processes, one of the most important of which has been European colonialism. Retracing our steps 500 years, or back to the verge of this colonial project, we see little inequality and small differences between poor and rich countries (perhaps a factor of four). Now the differences are a factor of more than 40, if we compare the richest to the poorest countries in the world
