Differences Between Jefferson And Hamilton's Plan

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1) He had four parts; Creation of Bank of the United States, proposed tax on imported goods and government aids, to establish the new national’s creditworthiness and create a new national dept. His aim was to establish the nation’s financial stability, bring economic development and financial interest. The American merchants, manufactures and financers supported his proposals. James Madison, who had worked closely with Hamilton thought the public dep’t plan gave a big fortune for the wealthy financers and Thomas Jefferson, who was the secretory at the time thought Hamilton’s plan benefits a ‘’corrupt team of paper dealers.” So James Madison and Jefferson didn’t wish to promote.
2) It was welcomed at the beginning motivated by American revolution.

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