... is probably useful to start by discussing the thoughts of A. Hamilton, as he was more directly involved with the creation of the banking system than was Jefferson. Appointed by George Washington to be the Secretary of the Treasury at the tender age of 34, Hamilton was quick to put his ideologies into practice. He was "greatly influenced by the great 18th ... forces led by Alexander Hamilton were dominant, though consistently losing ground. The inordinate power bestowed upon Hamilton as the first Secretary of the Treasury, along with his ability to persuade Washington of his plan, allowe...

• Word Count: 3632
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate