In 100-200 words, explain who you agree with most regarding the formation of a national bank in Philadelphia. Do you agree with Thomas Jefferson or Alexander Hamilton? Make sure that your response includes each of the following:

Summary of the cabinet member's argument

Explanation of why you agree

Use quotes from the excepts from your notes to state your claim

Make sure to make it seem like a 9TH GRADER wrote it. This is very important!!!

3 answers

I agree with Alexander Hamilton regarding the formation of a national bank in Philadelphia. Hamilton argued that a national bank would help manage the country's finances, stabilize the economy, and create a uniform currency. He believed that establishing credit was essential for the nation’s growth and prosperity. According to Hamilton, having a central bank would allow for “safe and adequate management of public funds.”

On the other hand, Thomas Jefferson was against the idea, fearing it would give too much power to the federal government and undermine states' rights. While I understand his concerns, I think having a national bank is crucial for economic stability. A national bank can help keep track of the money supply and make sure the government can fund its operations. Hamilton’s vision, which includes being able to help “promote the general welfare,” would ultimately lead to a stronger and more united nation. So, I believe Hamilton’s argument for a national bank is more beneficial for America’s future.

Can you make it shorter? Like from 100 words - 150 words?

I agree with Alexander Hamilton regarding the formation of a national bank in Philadelphia. Hamilton argued that a national bank would help manage the country’s finances, stabilize the economy, and create a uniform currency. He believed it was essential for promoting growth and prosperity, stating it would provide “safe and adequate management of public funds.”

While Thomas Jefferson feared that a national bank would give too much power to the federal government, I think that a strong financial system is crucial for the nation’s success. A national bank would allow the government to effectively manage its finances and support economic stability. Ultimately, Hamilton's vision would promote “the general welfare” and strengthen America’s future, making it the better choice for our economy.