Debt and taxes were a major issue, in the beginning, for the U.S. For instance, the U.S. owed about fifty-two …show more content…
Alexander Hamilton, who viewed that the creation of the National Bank was vital for the America to survive and that it supported industry and manufacturing, and Thomas Jefferson, who believed that the National Bank was of no use to farmers, fiercely debated on topics such as the creation of the national bank and if its creation was constitutional or not, in which “Hamilton declared that the [elastic] clause allowed the government to create a national bank” (Deverell and White, 204), while, “Jefferson thought that the elastic clause should be used only in special cases” (Deverell and White, 204). Jefferson also disagreed with Hamilton about how the nation’s economy should be based; Hamilton wanted to “promote manufacturing, business, and the future industrialization of the nation” (Deverell and White, 202), while Jefferson believed it was better to avoid, “depending too much on business and manufacturing” (Deverell and White, 203) and supported an economy based on agriculture because “farmers were the most independent voters. They did not depend on other people’s work to make a living” (Deverell and White, 203). To further the chaos, they even argued about who to side with during the French Revolution, either with the British or the French, and the power of the National Government, whether it should be weaker or not, which caused Washington to feel, “uneasy sensations” (Hamilton, Alexander, Letter to George Washington, 1792) which weakened the entire government, by basically splitting up the country into two different political parties, “groups that help elect people and shape policies”, with different ideas. Furthermore, it almost caused America to break its neutrality treaty because of Genet’s, a French Diplomat, speeches which encouraged supporters to help France and force Washington to