It helps the reader understand how Jefferson wanted to run the economy. In contrast, Hamilton wanted to run the economy in a completely different way. “No interest had been paid for years for the foreign loans, the domestic debt was heavily and generally regarded as of dubious validity, and paper emissions and partial repudiation had demoralized public opinion.” “He immediately made use of these achievements to undertake further steps. On Dec. 13, 1790, he presented to the House his plan for an excise on spirits; the next day he offered his elaborate plan for a national bank; and on Jan. 28, 1791, he reported on the establishment of a mint” (“Alexander Hamilton”). Hamilton gives statements on why he wishes to solve the nation's economic problems. Even though both Hamilton and Jefferson had different viewpoints on how the economy should be run, they both had valid ideas on how to fix the country's economic situation. The two men agreed on the idea of the Constitution and wanted to keep the limit of enforcing it vague for the federal government, but each had their own ideas on how to use the power given to the federal