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Yes, anything "necessary and proper" can be performed by Congress. Don't believe me? Check the "Necessary and Proper Clause" (Article 1, Section 8, Clause 18 of the Constitution).
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoTo improve the economy
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What did president Washington do on the issue of whether or not congress could establish a national bank?
sided with hamilton
Who argued that the Constitution did not specifically grant Congress the power to establish a national bank?
Alexander Hamilton
Did John Tyler support the national bank?
No, he vetoed Henry Clay's bill to establish a National Bank.
Battle over implied powers?
The first battle of implied powers of Congress was fought over the formation of banks. In 1790, Alexander Hamilton urged Congress to set up a national bank. Opponents of this claimed that Constitution didn't give Congress that power to establish such a bank. Hamilton won after reviewing the Necessary and Proper Clause. this battle and the first national bank was established in 1791. However, it's charter expired in 1811. During the 20 years it was opened, it was unchallenged by the courts.
What part of the constitution does Andrew Hamilton use for his argument for national bank?
According to The supreme Court in McCulloch v. Maryland (1819) said that Article I, Section 8. The "Necessary and Proper" Clause gave Congress the power to establish a national bank.
Washington ______, and Congress _____ the National bank?
Agreed, created
Hamilton asked Congress to create a national bank named ....?
The Bank of the United States
Where did congress establish the national capital in 1791?
Philly (Philadelphia)
What did Alexander Hamilton suggest to establish a sound economic system?
a national bank
The national bank created by congress in 1816?
The national bank that was created by Congress in 1816 was called the Second Bank of the United States. They also created the Federal Reserve System to monitor banking practices.
What was one of the goal of the Whig Party?
To establish a national bank One of the goals of the Whig Party was to encourage independent acting and thinking and for American citizens to participate again in politics and government.
What was the outcome of Madison and Jefferson disagreeing with Hamilton's plan of a national bank?
Congress decided to create the bank anyways and therefore formed the Bank of the United States.
