During the debate over the first national bank, Thomas Jefferson, a Republican, argued that taxes, a national bank, and a commanding central government were both unnecessary and unauthorized by the constitution. Jefferson writes, “A power to lay taxes for the purpose of paying the debts of the United States; but no debt is paid by this bill, nor any tax laid. Were it a bill to raise money, its origination in the Senate would condemn it by the Constitution,” (Debate on the First National Bank), clearly describing that this bill for a national bank does not call for a tax to be taken, and if the bill was suppose to raise money, it clearly violates constitutional rules. Taking up a strong tax to pay this debt off is unjust. Some states have less debt than others, and having them all pay the same amount would not be fair. Continuing, while Federalists find this bill to be a regulation of trade between each state, Jefferson argues that it is not an easily mode of trade. He argues each state has a right to determine their own currency. The strongest point Jefferson states is how, “instituting a Congress with power to do whatever would be for the good of the United States; and,
During the debate over the first national bank, Thomas Jefferson, a Republican, argued that taxes, a national bank, and a commanding central government were both unnecessary and unauthorized by the constitution. Jefferson writes, “A power to lay taxes for the purpose of paying the debts of the United States; but no debt is paid by this bill, nor any tax laid. Were it a bill to raise money, its origination in the Senate would condemn it by the Constitution,” (Debate on the First National Bank), clearly describing that this bill for a national bank does not call for a tax to be taken, and if the bill was suppose to raise money, it clearly violates constitutional rules. Taking up a strong tax to pay this debt off is unjust. Some states have less debt than others, and having them all pay the same amount would not be fair. Continuing, while Federalists find this bill to be a regulation of trade between each state, Jefferson argues that it is not an easily mode of trade. He argues each state has a right to determine their own currency. The strongest point Jefferson states is how, “instituting a Congress with power to do whatever would be for the good of the United States; and,