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Hamilton suggested limiting it to a 20 year charter; then it would be up to Congress to decide whether to extend charter
He also asked states to open their own banks so the national bank wouldn't have monopoly.
What else can I help you with?
Which aspect of Hamiltons program received the least support?
The National Bank
What led Jefferson to oppose Hamiltons plan to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
What led to Jefferson to oppose Hamiltons plans to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
Why did Andrew Jackson appose the national bank?
He felt that it undermined the states rights
What result of Hamiltons federalist beliefs?
establishing the first national bank of the United States as a way to manage money across state borders
Who was Alexander hamiltons chief opponent to the national bank?
Andrew Jackson.
Which of hamiltons proposals was attacked as un constitutional by thomas Jefferson?
creation of a national bank
What were hamiltons and jeffersons impression of national bank?
He opposed it because the Constitution did not grant that power to Congress.
What was hamiltons plan for the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
What was Alex Hamiltons position on Federalism?
He was a federalist that believed in having a strong central government by creating the national bank.
What was Hamiltons plan for reducing the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
What actions were taken to launch the new government The first Congress?
This question is very complex. There are many things that lead to our government after the Revolutuion. With the congress, bill of rights, constitution, decleration of independence, national bank, and hamiltons plan.
