He also proposed the creation of national army to deal with rebellion Hamiltons

He also proposed the creation of national army to

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He also proposed the creation of national army to deal with rebellion Hamilton’s National Bank Hamilton proposed the creation of the Nation Bank Funded by the federal government and wealthy private investors The bank would be responsible for issuing paper currency Chartered for a term of twenty years, by the US congress on Febuary 25, 1791 Hamilton favored a less strict government The Emergence of Opposition Opposition to Hamilton’s plan was voiced by Jefferson and Madison At first, opposition to Hamilton’s program arose almost entirely from the south Jefferson insisted that the the government could only exercise powers within the Constitution Jefferson believed that southerners would accept Hamilton’s plan to move capital First split into political parties took place under Washington
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The federalist party supported Washington and Hamilton’s plan and close ties with Britain The democratic republic party Were more symaptheitc to france and more faith in democracy Political languagebecame more heated Foreign Policy Issues: The french revolution was intially supported by the Americans and france went to war with Britain G G G G G G G G G g
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