On the issue of creating a national bank,
Secretary of State Thomas Jefferson and
Secretary of the Treasury Alexander Hamilton
differed on whether to
(1) apply a strict or loose interpretation of the
Constitution
(2) establish a tariff to raise revenue
(3) use deposits to finance a new navy
(4) issue loans to farmers
On the issue of creating a national bank, Secretary of State Thomas Jefferson and Secretary of the Treasury Alexander Hamilton differed on whether to "(1) apply a strict or loose interpretation of the Constitution"
