1. The 1790's were an important time for the fledgling new
... proposed the establishment of a national bank to manage the money collected by the newly imposed tariffs. His vision was strongly opposed by Thomson Jefferson and James Madison, setting the stage for the differences of opinion that are found in the two-party system. Hamilton, Madison and Jefferson reached a compromise that would relocate the national capitol to the Virginia border of the ... passed. This illustrates the great strength of the two- party system in that all opinions can be heard and compromises can be reached. Hamilton's ambitions continued and he submitted a Second Report ...
- Word Count: 1140
- Approx Pages: 5
- Grade Level: Undergraduate