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Why did Jefferson oppose the establishment of a national bank

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User Clarity
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^^ yes that is the answer
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User Manishie
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Alexander Hamilton felt that the power to create a bank was granted by the "Elastic Clause" in the Constitution. Congress approved the creation of the national bank in 1791. Thomas Jefferson opposed the creation of the Bank of the United States because the Constitution did not specifically grant power to Congress to create one.


Hope this helps! :)


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User Peter Graham
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