![]() Hamilton wanted the fledgling new country to grow and become a commercial and military rival to the great powers in Europe. In many ways, the DNA of what would become the Federal Reserve System was a compromise between the two men’s visions about the proper role of government in the economy. Jefferson and Hamilton are archetypes of one of the most enduring debates in American politics, a debate over the nature of government and the centralization of political power. ![]() ![]() Toward a Progressive Banking Policy: The National Monetary Commission Study, Aldrich Plan, and the Federal Reserve Act of 1913.A Progressive Response to a Radically Changing Society and Economy.Second Bank of the United States, Andrew Jackson, and the Bank War.
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