How was the payment of the national debt conflict between jefferson and hamilton resolved? the government repaid the war debts, and a new capital would be in the south. the states repaid the debt, and the capital remained in the north. the bank of the united states was created?

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Nikhil Freeman

History

16 October, 02:44

How was the payment of the national debt conflict between jefferson and hamilton resolved? the government repaid the war debts, and a new capital would be in the south. the states repaid the debt, and the capital remained in the north. the bank of the united states was created?

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Cedric Evans · Answer 1

The correct answer is

the bank of the united states was created

It was Hamilton's belief that the country can establish a bank and assume debts and create new money and borrow it and collect taxes and things like that and that it was a constitutional right of the country. Jefferson was against it because it thought it would impede freedom.