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On the issue of creating a national bank,

Secretary of State Thomas Jefferson and

Secretary of the Treasury Alexander Hamilton

differed on whether to

(1) apply a strict or loose interpretation of the

Constitution

(2) establish a tariff to raise revenue

(3) use deposits to finance a new navy

(4) issue loans to farmers

Verified Answer :

On the issue of creating a national bank, Secretary of State Thomas Jefferson and Secretary of the Treasury Alexander Hamilton differed on whether to "(1) apply a strict or loose interpretation of the Constitution"

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