Thomas Jefferson

1 January 2017

Different beliefs may lead to discussions that become argumentative because of the multiple point of views brought forth. The philosophy of the government is ultimately decided based on one’s opinion. An opinion is formed with an ideal that supports the specific beliefs being analyzed. In the year 1801, Thomas Jefferson was elected as the third president of the United States and changed his ideals shortly after becoming president. In his time of control, Thomas Jefferson had his own thoughts on the philosophy of the government.

Thomas Jefferson’s ideals revolved the national bank, tariffs, and the Assumption Plan funding “at par”, that changed after he had entered the White House. First, Thomas Jefferson’s ideals on the national bank were different before he had been elected president. A section of the Constitution states that “Congress may pass any laws ‘necessary and proper’” (195) and “would be fully justified in establishing the Bank of the United States” (195). Thomas Jefferson thought that the national bank was unconstitutional because the Congress did not obtain specific power that allowed them to create a bank.

Thomas Jefferson Essay Example

With Thomas Jefferson’s beliefs against this statement, he provides intelligent information which was determined before he was elected. Thomas Jefferson believed that the national bank did not have the authority for this specific financial situation, therefore he “argued vehemently against the bank” (195). He was against the idea that Congress had the ability to charter banks because the states should have the power to do so. After his successful election, his “harsh realities forced Jefferson’s principles to bend” (219).

Though, Thomas Jefferson disagreed with the national bank he did not take any action to change it. With the overwhelming power Jefferson had after his election, other concerns regarding more important situations had been brought to his attention. To conclude, Thomas Jefferson was against the national bank but after moving into the White House, he did nothing to change it. Additionally, Thomas Jefferson did not agree with the first tariff law passed by Congress in 1789.

The first tariff law was declared because by “imposing a low tariff of about 8 percent in the value of dutiable imports” (194) would protect industries. Congress cared mostly about their income and this tariff law increased the price on items. Thomas Jefferson did not agree with the Congress’ action. His point of view was that “all powers not specifically granted to the central government were reserved to the states” (195). By this, Jefferson does not believe Congress should perform this but the states should have the authority to. The first tariff law’s purpose was to tax imported goods.

Due to his opposing beliefs, Thomas Jefferson would not change his mind. Unexpectedly, Thomas Jefferson did not do anything about it. For having the authority and power as a president, he should have done something about the situation if he were so against it before he had been elected. Unfortunately, “they launched no attack… nor did they repeal the mildly protective Federalist tariff” (218). Even though Jefferson believed that products were at much higher cost than they were needed to be, he took no further action to abolish this law at any given opportunity.

Lastly, Thomas Jefferson’s ideals included the Assumption Plan funding “at par”. The Assumption Plan was when the government would assume the states’ debts. During this Assumption Plan “the states would simply give their debts over to the federal government. The reason for assuming state debts was to tie states together in a common endeavor – to jointly pay off the debt” (wikinotes). Thomas Jefferson believed this was not fair because he did not respect the government for only paying half of their debts.

Jefferson agreed that “a national debt was a bane rather than a blessing” (218). Thomas Jefferson disagreed with the idea that “paying debts in full or at 100% face value in what was called Funding at Par… was crucial, basically because it would get respect” (wikinotes). The ideals Jefferson had were realistically intelligent and he believed in his point of view. On the contrary, Thomas Jefferson “did not tamper with the Federalist programs for funding the national debt at par” (218).

He was entirely against the Assumption Plan but took no action into changing this act. Furthermore, it is not understandable why Thomas Jefferson did not change what he believed was correct, after becoming president. In conclusion, as the third president of the United States, Thomas Jefferson failed to change numerous acts that his ideals supported. His beliefs were clearly stronger before he had become president. The national bank, tariffs, and the Assumption Plan funding “at par” changed after he had been elected.

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