Why did Jefferson oppose Hamilton's plan for creating a national bank? Select all that apply.
(1 point)
[ He argued that Congress did not have the constitutional power to establish it.
ChI He felt a national bank was necessary for the government to collect taxes and pay its bills.
[hI He believed that it gave the federal government too much power.
• He believed that Americans would protest if it was established
- He argued that Congress did not have the constitutional power to establish it.
- He believed that it gave the federal government too much power.
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.
To determine why Jefferson opposed Hamilton's plan for creating a national bank, we need to analyze the given options.
1. "He argued that Congress did not have the constitutional power to establish it."
This is one reason why Jefferson opposed Hamilton's plan. Jefferson believed in strict interpretation of the Constitution, and he did not find any explicit mention of the power to establish a national bank within the Constitution.
2. "He felt a national bank was necessary for the government to collect taxes and pay its bills."
This statement contradicts Jefferson's position, as he did not see the need for a national bank to carry out these functions. Therefore, it is incorrect.
3. "He believed that it gave the federal government too much power."
This is another reason why Jefferson opposed Hamilton's plan. Jefferson feared the concentration of power in the hands of the federal government and believed that a national bank would further increase its authority.
4. "He believed that Americans would protest if it was established."
While Jefferson may have believed that Americans would object to the establishment of a national bank, this is likely not a primary reason for his opposition. Therefore, it is not a valid answer choice.
The correct answers 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.