Beliefs of Alexander Hamilton and Thomas Jefferson

Ideal Economy: Jeffereson

Envisioned an agricultural society of small, independent farmers. Believed this would lead to nationwide prosperity. Thought the federal government should stay out of economic matters.

View on Constitution: Jefferson

Generally accepted the Constitution, but was concerned the president was too powerful. Promoted Bill of Rights to protect individual rights. Had narrow or "strict interpretation of the Constitution. Believed powers not specifically given to the federal government belonged "to the states respectively, or to the people.

Nature of Human Beings: Hamilton

Had generally negative view of people. Argued the people were motivated most often by their passions and self-interest. Thought only the elite had the capability of governing effectively.

Nature of Human Beings: Jefferson

Had generally positive view of people. Thought the "common man" could make good decisions if "he" were provided with proper Information. Believed in democracy. Worried that power in the hands of the few would lead to corruption.

Political Party and Its Ideals: Hamilton

Member of the Federalist party. Federalists believed in strong federal government, fewer states' rights, and a "loose" interpretation of the Constitution.

Political Party and Its Ideals: Jefferson

Member of the Republican Party. Republicans believed in strong states' rights, limited power for the federal govemment, and a "strict" interpretation of the Constitution.

Best Type of Government: Hamilton

Strong supporter of a powerful federal government. Thought power should be concetrated in the hands of a few capable men. Believed only the elite could make good decisions. Sharp critic of the Articles of Confederation.

Best Type of Government: Jefferson

Strong supporter of giving much power to the states and keeping the federal govemment small. Thought government power should be given to the people. Acknowledged that the Articles of Confederation had problems, but liked that they gave states much power.

View on The Constitution: Hamilton

Strong supporter of the Constitution. Had a broad or "loose" interpretation of the Constitution. Believed federal government had wide-ranging powers due to the clause allowing Congress to make any law "which shall be necessary and proper."

Ideal Economy: Hamilton

Supported a strong industrial nation. Believed that industrial leaders should direct the nation's economy. Favored a government-sponsored national bank to support industrial businesses.