In reading about the two of them, I find that I extremely prefer Jefferson to Hamilton. Alexander Hamilton was a well-intentioned man who sought to plan out manipulate all events through laws and government intervention, in order to create a stable society following a strict set of rules that will handle any problem, creating a world where nothing bad ever happens. The problem with this type of thinking is that there is no rule set that accommodate for every type of problem, so some unexpected event will occur that causes everything to collapse, making things unstable. Jefferson on the other hand recognized that people want stability. Given the freedom to do so, people will create their own stability; they don’t need someone to use force on them for it. So, Jefferson sought to ensure people as much freedom possible, knowing that that is how a great society is created. I support Jefferson and disapprove of Hamilton on seemingly all their debates, but most strongly on their disagreements over whether government should provide banks to improve welfare, on the justification of such anti-authoritarian events as the French Revolution, and his optimism towards Indian relations, fears of political corruption, and their views on human rights.
The idea of the creation of a federal bank is silly, for the amount that it meant Congress would be abusing its powers, and also in how frivolous and pointless a federal bank would be anyways. Hamilton states that “there exists not a question about [federal bank’s] util[ity] in the countries which they have been so long established.”(46) Well, Jefferson does not question the idea, he just flat out rejects it. Jefferson points out some of the useless-ness of these federal banks when he writes:
“the existing banks will without a doubt, enter into the arrangements for lending their agency: and the more favourable, as there will be a competition among them for it: whereas the bill delivers us up bound to... [continues]
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