Unformatted text preview: commercial development. He believed that the wealthy could help make the common people prosperous. On the other hand, Jefferson believed in agricultural production. However, it didn’t matter what Jefferson thought because Hamilton was the secretary of treasury. Hamilton disagreed with Madison on the plan of public credit. Madison believed that all original creditors should get their certifications but he didn’t get what he wanted. When it came to opening the Bank of the United States, Jefferson and Hamilton butted heads. Jefferson didn’t want to open the bank, claiming that it was not in the constitution for the United States to have a bank. Hamilton rebutted by saying that the Constitution had implied powers and that the Bank of the United States should be created. George Washington sided with Hamilton....
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- Fall '10
- George Washington, President of the United States