answer
No Artie Wooten Jr. from New Jersey did :]
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Hamilton has a plan for creating programs that he felt found provide assistance to fix the financial crisis the United States was faced with. He proposed to enact these programs by establishing a national banking system which could be used for deposing government funds, a payment plan for all federal and state debts, and a tax increase on imported goods into the country.
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
propose system capabilities
The National Bank Act of 1863 resurrected the idea of founding father Alexander Hamilton of having a national banking system.
Alexander Hamilton
What about it? There was indeed disagreement between the two since Hamilton favored a strong central government (and therefore a central banking system) and Jefferson supported distributing power to the states.
1. The whole banking system was thrown into confusion. 2. The more complex the banking system, the more difficult it is to do this. 3. A sound banking system matched to new banking needs. 4. The international banking system began to crack. 5. The regulatory structure for the banking system is almost entirely pro-cyclical.
how is universal banking system operted/