Hamilton v. Jefferson

Hamilton v. Jefferson

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  • Hamilton v.  Jefferson 
  • Hamilton v. Jefferson  Jillian Period 5
  • Biggest Challenge 
  • “We owe 11.7 million dollars to foreign countries and 40.4 million to the U.S. citizens. How are we going to pay this off!”
  • Rasing money with bonds
  • “ I want to pay foreign debt first. We shall use all the money from bonds we have to pay it off.
  • Jefferson and Hamilton don't agree
  • Hamilton had a hard time finding money to pay of the debt
  • Speculators
  • I’m finally going to make money from these bonds!
  • These weren’t a waste I’m getting money back!
  • The government raised money with bonds
  • States’ debts
  • This is unfair, states should pay their own war debt. We don’t even have war debt why should we pay other for them
  • Jefferson does not agree with Hamilton
  • “No. We can not do this. It cheats the bond holders who sold them at low prices.”
  • The speculator are going to make money from these bonds
  • The Southern people didn’t want to help the federal government
  • Virginia
  • North Carolina 
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