"Nature intended me for the tranquil pursuits of science by rendering them my supreme delight."
— Thomas Jefferson
We return to the Jefferson 101 biographical series and explore Jefferson’s second term as President. We discuss the many difficulties he had, including the Burr conspiracy and the Embargo Act of 1807 to 1809.
"The question then became: Is a national bank constitutional? Did the Founding Fathers contemplate a national bank?"
— Thomas Jefferson, as portrayed by Clay S. Jenkinson
This week, we discuss the argument between Alexander Hamilton and Jefferson over the creation of a national bank of the United States. Hamilton believed a central banking system was essential to America's standing in the world. Jefferson disagreed, arguing that to take a single step beyond the powers of the constitution is to enter a field of boundless abuse. We speak with Jefferson about President Washington's support of Hamilton’s plan, a decision with ramifications that affect Americans to this day.