American History task 2.docx - American History task 2 A...

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American History task 2 A. People had many different beliefs about how the United States of America should be run. Some believed that each state should have the power, and some believed that there should be one central government. Hamilton came up with several economic plans that would benefit the whole nation. He wanted to have the government start-up a banking system that would help states eliminate their debt from the war and to help the public by giving credit. There was a problem with this idea. They were not sure if Congress had the power to start a bank. Many believed that starting a bank it would give more power to the government and take away the rights of the people. The bank did become a success for the new nation. (Norton, 2015) Jefferson believed that the success of America depended on the crops or farmers. Whereas Hamilton believed that it would do economically better from industrial promotion. The people thought that Hamilton was only trying to help the elite and not the whole nation. (Norton, 2015) There was also the excise tax on whiskey to help provide income to the government. This tax was only relevant to a few. Those people that it did affect started supporting Jefferson. Hamilton was accused of only favoring commercial wealth. It was stated that he was trying to destroy the republic. The federalists, who were the supporters of Hamilton, did not agree with them. They wanted a strong national government for economic reasons. All these conflicts led to different partisanship. (Norton, 2015) B. 1. The democratic party was the first party established in the US. The Whig Party was the second one. Their inspiration came from the homeland. (Norton, 2015) Democrats had strong views on a central government. They did not want the government interfering with the economy as favoring the rich. They wanted limited government. They believed that the nation needed to expand westward removing the Indians from their land. This expansion gave more opportunities for the people to own land. Democrats did not like paper money and wanted to do away with it, nor did they want any more banks. They did not think that people were equal. They thought that society was divided into half and half. These things appealed to the Irish Catholics, some of the Reformed Dutch, and a few of the German Catholics. (Norton, 2015) The Whigs thought that the government should be an activist. By having an activist government, it would help the economy. They did not like the rapid advancement westward. They thought that by pushing for commercial development within the current boundaries, would be better. They believed that it would grow the economy by helping the people. They supported corporate charters because it would help everyone. They wanted to see more banks and paper money.

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