Of all things, the most controversial issue of President George Washington’s first term swirled around a bank. While Alexander Hamilton championed the establishment of the First Bank of the United States, Thomas Jefferson believed it would endanger liberty, ignite a constitutional crisis, and set a dangerous precedent. In this episode, I explain why.
ALTERNATE SOURCES
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Best Books on this Topic
- Gordon Wood, Empire of Liberty
- Forrest McDonald, The Presidency of George Washington
- Douglass Southall Freeman, Washington
- Murray Rothbard, A History of Money and Banking in the United States
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Website: davebenner.com
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