halmiton vs jefferson
...et the Constitution. 1. Shipping and Manufacturing a. Jefferson-wanted U.S to be nation of farmers. b. Hamilton- encouraged shipping and manufacturing. c. One side result of this was Hamilton’s proposal for a national bank d. Jefferson feared that the bank would encourage financial speculation and hurt farming interests. e. Also thought it would give government too much power. 2. Constitutional Interpretation a. Jefferson developed strict construction theory b. Says the government should assume only the powers expressly given it by the Constitution. c. Hamilton wanted loose interpretation of the Constitution d. Said that the government should assume all powers not expressly denied it. e. Washington favored Hamilton. Overall Hamilton and Jefferson were both great political leaders for the new developing nation, it needed a precedent on how to run the country and these...