Thomas Jefferson And Alexander Hamilton

Want to read the rest of this paper? Join Essayworld today to view this entire essay and over 50,000 other term papers

of the people. He had a wish to replace the Articles of
Confederation with a strong centralized government. The states were to have
virtually no power. Hamilton thought that under this essentially
monarchical plan, the national government would have unlimited sovereignty.
Hamilton worked to promote commerce, industry, and a strong central
government, under which, he believed, the economy would flourish.
The debts incurred during the revolution were massive. The end result
left the nation's finances in disorder. Public credit was at a low reflux,
and the economies of the states were still adjusting to the changes from
independence. Hamilton wanted the federal government to pay the debts. He
believed it would greatly strengthen the central government. Right there in
opposition was Thomas Jefferson. Nevertheless, Hamilton later produced a
report on the public credit that provided for the funding of national,
foreign, and revolutionary debts of the United States. From that, ...

Get instant access to over 50,000 essays. Write better papers. Get better grades. Already a member? Login

CITE THIS PAGE: