2. Where should power beWhere should power be
concentrated?concentrated?
HamiltonHamilton
Federal GovernmentFederal Government
A strong federal govt.A strong federal govt.
equals strongerequals stronger
nationnation
JeffersonJefferson
State & Local Govts.State & Local Govts.
Protects rights of theProtects rights of the
citizens from acitizens from a
massive governmentmassive government
3. Should the national govt. beShould the national govt. be
strong?strong?
HamiltonHamilton
YesYes
This would help usThis would help us
become a betterbecome a better
nation and improvenation and improve
our economyour economy
JeffersonJefferson
NoNo
A strong federal govt.A strong federal govt.
would abuse itswould abuse its
power and not act inpower and not act in
the best interests ofthe best interests of
the peoplethe people
4. How should the Constitution beHow should the Constitution be
interpreted?interpreted?
HamiltonHamilton
Loose interpretationLoose interpretation
Elastic Clause /Elastic Clause /
Necessary andNecessary and
Proper ClauseProper Clause
JeffersonJefferson
Strict interpretationStrict interpretation
Powers are veryPowers are very
clearly outlined inclearly outlined in
ConstitutionConstitution
5. Should there be a national bank?Should there be a national bank?
HamiltonHamilton
YesYes
Bank wouldBank would
strengthen thestrengthen the
economyeconomy
Encourage foreignEncourage foreign
investmentinvestment
JeffersonJefferson
NoNo
Unhealthy allianceUnhealthy alliance
between the govt. andbetween the govt. and
wealthy businessmen.wealthy businessmen.
Constitution has noConstitution has no
provisions for aprovisions for a
National BankNational Bank
6. What should the economy beWhat should the economy be
based on?based on?
HamiltonHamilton
Shipping &Shipping &
manufacturingmanufacturing
Future of the nationFuture of the nation
depended upondepended upon
industry andindustry and
manufacturing andmanufacturing and
companies should becompanies should be
given tax breaks forgiven tax breaks for
opening factoriesopening factories
JeffersonJefferson
FarmingFarming
Farming would keepFarming would keep
this nation strong duethis nation strong due
to its favorableto its favorable
climate and massiveclimate and massive
amount of arable landamount of arable land
7. How should debt be managed?How should debt be managed?
HamiltonHamilton
Federal govt.Federal govt.
assumes both stateassumes both state
and national debtand national debt
Creditors would thenCreditors would then
have reason tohave reason to
support the federalsupport the federal
govt., wanted to issuegovt., wanted to issue
new bonds to covernew bonds to cover
the old ones and paythe old ones and pay
off foreign debtoff foreign debt
JeffersonJefferson
Federal govt. paysFederal govt. pays
only national debt &only national debt &
states pay off theirstates pay off their
own debtown debt
Most southern statesMost southern states
had little/no debt sohad little/no debt so
they did not want thethey did not want the
federal govt. to payfederal govt. to pay
off northern debt, payoff northern debt, pay
off all debts over timeoff all debts over time
8. What did he fear?What did he fear?
HamiltonHamilton
Mob ruleMob rule
A weak central govt.A weak central govt.
would lead to futurewould lead to future
mob events likemob events like
Shay’s RebellionShay’s Rebellion
which could cause thewhich could cause the
nation to collapsenation to collapse
JeffersonJefferson
Absolute power/rulerAbsolute power/ruler
A strong central govt.A strong central govt.
could create anothercould create another
Great Britain whereGreat Britain where
the rights and desiresthe rights and desires
of the people wouldof the people would
be ignoredbe ignored
9. Who supported him?Who supported him?
HamiltonHamilton
Merchants,Merchants,
manufacturers,manufacturers,
landowners,landowners,
investors, lawyers, &investors, lawyers, &
clergy urban areasclergy urban areas
JeffersonJefferson
““Plain people” –Plain people” –
farmers, tradesfarmers, trades
people, middle classpeople, middle class
artisans, rural areasartisans, rural areas
