Question Why did Jefferson oppose Hamilton’s plan for creating a national bank? Select all that apply. (1 point) Responses He argued that Congress did not have the constitutional power to establish it. He argued that Congress did not have the constitutional power to establish it. He felt a national bank was necessary for the government to collect taxes and pay its bills. He felt a national bank was necessary for the government to collect taxes and pay its bills. He believed that it gave the federal government too much power. He believed that it gave the federal government too much power. He believed that Americans would protest if it was established. He believed that Americans would protest if it was established. Skip to navigation
Jefferson opposed Hamilton's plan for creating a national bank because:
1. He argued that Congress did not have the constitutional power to establish it.
2. He believed that it gave the federal government too much power.
3. He believed that Americans would protest if it was established.
The correct options are:
- He argued that Congress did not have the constitutional power to establish it.
- He believed that it gave the federal government too much power.
To answer this question, we need to analyze Thomas Jefferson's reasons for opposing Hamilton's plan for creating a national bank. Jefferson's views are well-documented, so we can look to his writings and speeches to understand his reasoning. Here are the possible options:
1. He argued that Congress did not have the constitutional power to establish it.
2. He felt a national bank was necessary for the government to collect taxes and pay its bills.
3. He believed that it gave the federal government too much power.
4. He believed that Americans would protest if it was established.
To determine which options apply, we can evaluate each statement based on historical evidence.
Option 1: Jefferson indeed argued that Congress lacked the constitutional authority to create a national bank. In his strict interpretation of the Constitution, he believed that the Federal government only possessed powers explicitly granted to it.
Option 2: This statement contradicts Jefferson's position. He did not believe a national bank was necessary for the government's financial operations. He favored dispersing power to the states and believed that state-chartered banks would suffice.
Option 3: Jefferson was indeed concerned about the consolidation of power in the federal government. He believed that such concentration of power would undermine the sovereignty of the states and the people.
Option 4: While it is possible that Jefferson anticipated opposition or protests against the national bank, specific evidence of this belief is not readily available. Therefore, we cannot attribute this opinion to Jefferson with certainty.
Based on the above analysis, the correct options are:
1. He argued that Congress did not have the constitutional power to establish it.
3. He believed that it gave the federal government too much power.
These were the primary reasons for Jefferson's opposition to Hamilton's plan for creating a national bank.