Page 29 - Planet Rothschild. Volume 1 : the forbidden history of the new world order, 1763-1939

1790
JEFFERSON AND HAMILTON CLASH OVER CENTRAL
BANK

The proposed Bank of the United States is to be a Central Bank with a 20-year
charter. It is the brainchild of New York banker Alexander Hamilton.
Hamilton, born in the British West Indies and educated in a Jewish school there
(7), is an agent of the New York-London moneylenders. Hamilton had
previously founded the Bank of New York in 1784.

As President Washington's Treasury Secretary, Hamilton clashes with Secretary
of State Thomas Jefferson. Hamilton and the New York bankers believe in
strong central government and debt-based central banking and currency issue.
Virginians Jefferson, James Madison (father of the Constitution) and the
southern agricultural class believe in decentralized government and local

banking. The roots of the future American Civil War can be traced, in part, to the
Jefferson-Hamilton feud.

Jefferson argues that centralization of power away from private mints and banks
is unconstitutional and dangerous. He wrote: "…banking establishments are
more dangerous than standing armies." (8) The New Yorker Hamilton argues
that if the nation is to grow, it needs a standard coinage supported by a Central

Bank and excise tax.

1-Hamilton was London’s banker boy.