Hamilton V Jefferson Activity

  1. Economy

Hamilton considered manufacturing an integral part of the emerging economy. A vibrant manufacturing sector would complement the already considerable agricultural productivity. The economic plan of Hamilton based on the promotion of commerce and manufactures. He designed government subsidies and enacted protective tariffs to boost American manufactures. By contrast, Jefferson believed in an agrarian system led by the virtuous and genuine yeoman farmers. He defended the agrarian tradition arguing that promoting already established agrarian foundation mattered a lot than promoting manufactures. Jefferson considered “those who labor in the earth as the chosen people of God…..whose breasts he has made his peculiar deposit for substantial and genuine virtue.”

  1. Military power: Jefferson advocated for a minuscule standing army in favor of state militia. He was opposed to a large standing arm in time of peace as it increased expenditure and public debt. By contrast, Hamilton rooted for a considerable, regular army to ward off threats. Hamilton wanted a powerful military that surpasses that of European powers.
  2. A National Bank: Hamilton rooted for the establishment of a National bank to sustain public credit and consolidate the debts of the states under federal government. He considered credit essential for commerce and industrial development and support of government operations. Jefferson predicted that a National Bank embodied much English influence
  3. Foreign Relations: both Jefferson and Hamilton shared similar sentiments on foreign relations. They both advocated the United States stay neutral to all matters pertaining to foreign affairs, especially the French revolution. Hamilton was inclined to Britain while Jefferson to France but maintained the US should keep neutrality on foreign affairs.
  4. Who should rule the country

Hamilton championed for a strong centralized government and believed the federal government should have more power to steer the country to success. He feared anarchy that could destabilize government and thus distrusted the people’s popular will. Jefferson wanted the federal government to have limited powers and advocated for the rights of the states to be protected. All powers belonged to the people and the states. He feared tyranny and placed trust in the people to be governors

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