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Money Matters
Hamilton Versus Jefferson Section 4
| Question | Answer |
|---|---|
| What was another big battle between Thomas Jefferson and Alexander Hamilton? | Money |
| What did the United States have a lot of debt? | Revolutionary War |
| How did Thomas Jefferson and Alexander Hamilton settle their argument about debt? | Thomas Jefferson and James Madison would agree to pay off the Revolutionary War debt if they moved the capital to Virginia |
| What was Thomas Jefferson and Alexander Hamilton’s second argument? | Should there be a national bank |
| Why couldn’t the United States collect taxes yet? | They needed a standard of value- an agreed upon value for goods and services |
| What was taxes to pay for the Revolution? | Whiskey |
| What did whiskey makers do to tax payers? | Tar & feather |