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Hamilton’s and Jefferson’s Policies HAMILTON Bonds- buy back old bonds at full value & sell new ones States Debts- pay back $21.5 million Strong central government Wealthy people should run the country Manufacturing and business will make America better
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Hamilton’s and Jefferson’s Policies HAMILTON Bonds- buy back old bonds at full value & sell new ones States Debts- pay back $21.5 million Strong central government Wealthy people should run the country Manufacturing and business will make America better Supported the Protective Tariff to strengthen American businesses Supported the Bank of the United States Loose construction of the Constitution
JEFFERSON Bonds should not be bought back at full value Supported Hamilton’s plan for state debts to get the capital moved to the south More power should go to the states The common people were the backbone of the country Small family farms should make up the economy Opposed the Protective Tariff; to help farmers Opposed the Bank of the United States Strict construction of the Constitution