Unformatted text preview: credit of the federal government on a firm foundation and giving it all the revenues it needed – encouraged commerce and industry, and created a solid phalanx of interests firmly behind the national government. The Republicans, led by Thomas Jefferson, spoke primarily for agricultural interests and values. They distrusted bankers, cared little for commerce and manufacturing, and believed that freedom and democracy flourished best in a rural society composed of self-sufficient farmers. They felt little need for a strong central government; in fact, they tended to see it as a potential source of oppression. Thus they favored states’ rights. They were strongest in the South....
View Full Document
- Fall '10
- strong central government, central financial institution, United States. Modeled, competitive national industries.