Question
Historical Context: Although early American farmers feared that a national bank would serve the rich at the expense of the poor, the first National Bank
Historical Context:Although early American farmers feared that a national bank would serve the rich at the expense of the poor, the first National Bank of the United States was chartered in 1791; it lasted until 1811, after which a successor bank was chartered.Hamilton believed the United States should pursue economic growth through diversified shipping, manufacturing, and banking. Hamilton's political rival, Thomas Jefferson, based his philosophy on protecting the common man from political and economic tyranny. He particularly praised small farmers as "the most valuable citizens."Question:If we analyze America today, whose vision won out?Explain your position.
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