Unformatted text preview: thought a national bank was necessary in order for the nation to prosper. Tariffs was also part of Hamilton’s plans. They would accelerate the growth of a balanced economy, or at least that’s what Hamilton hoped for. Jefferson was a man of the people. He stood behind the common people and state rights. He refuted Hamilton’s idea of pure industry by stating American could not run on just industry. Farming and agriculture was the heart of America, he believed. The young republic would be threatened by the corrupt activities of pseudo-aristocrats. The protection of “liberty” was far more important than that of “property” and “civil order.”...
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- Fall '10
- Treasury Alexander Hamilton, State Thomas Jefferson, equally political geniuses