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It would make a considerable amount of profit to get rid of some of the national debt.
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∙ 7y ago
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Hamilton's national bank?
Hamilton supported the creation of the First Bank of the United States. Alexander Hamilton served as the 1st United States Secretary of the Treasury.
What political party supported the creation of the bank of US and the Jay Treaty?
Alexander Hamilton began the Federalist Party which supported a strong central government and a national bank
What were the philosophical and political disagreement between Hamilton and Jefferson that led to the creation of the first American political parties?
Hamilton-supported business, had loose interpretation of the Constitution, supported the National Bank, supported tariffs, opposed the French RevolutionJefferson-supported agriculture, had strict interpretation of the Constitution, opposed the National Bank, opposed tariffs, supported the French Revolution
Who recommended the creation of the national bank?
Alexander Hamilton was the creator of the National Bank in 1791.
Opposition to Hamilton's proposed national bank?
The opposition to Hamilton's proposed national bank was led by Thomas Jefferson.
How did Alexander Hamilton get his National Bank?
he did not get the national bank because he got into a duel with burr and hamilton got killed.
Why did Alexander Hamilton argue for the national government to issues a charter for a national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Why did Alexander Hamilton argued for the national government to issue a charter for a national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
Who disagreed with Thomas Jefferson on many issues such as the National Bank?
Alexander Hamilton disagreed with Thomas Jefferson on many issues, including the National Bank. Hamilton supported the establishment of a National Bank to promote economic stability and facilitate government financial transactions, while Jefferson opposed it, arguing that it exceeded the powers granted to the federal government by the Constitution and favored wealthy elites.
Was hamilton for national bank?
yes!
Was the national bank for hamilton?
yes!
Why did Alexander Hamilton argue for the nation government to issue a charter for national bank?
Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.
