History Couserworks Paper on Hamilton and Jefferson

Hamilton and Jefferson

What are Hamilton and Jeffersons main differences?

Hamilton is a supporter of the institution of a national bank to help ease the trouble of debt incurred in the revolution war. He is insistent that the congress uses the ‘necessary and proper’ cause in the constitution to come up with laws on how the bank will be formed and run. He is the leader of the Federalists who believe that America should have a strong central government that can gather and lend funs to industrialists. Jefferson on the other hand is a republican who feels that the strong central government might lead to tyranny. In this context, Jefferson is against the formation of the national bank by the congress on the premise that they are not allowed to do so unless this mandate falls under the ‘enumerable powers.’ He is assertive that this is not necessary and proper as required by the constitution.

Do you see any Places for Compromise?

There are few chances for compromise between these two persons. This is because their views are formed from their very divergent backgrounds. Hamilton is in favor of trade and industrialization while Jefferson supports farming and rural living. Hamilton is against anarchy while Jefferson is opposed to tyranny. There is little hope in the fact that the values they stand for are likely to benefit the nation only that their approaches conflict much.

How might these two viewpoints reflect or inform the creation of political parties?

The ideologies held by these two men can verily form a basis for the creation of political parties. The Republican stand is that states should wield more power than the central government, and are insistent on freedom. The Federalists on the other hard are more concerned about having order in the society made possible by a strong central government.