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The biggest problem with the development of a National Bank was that people of the day did not trust banks, especially a government one. Also, cash was in short supply at the end of the Revolutionary War.
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What did Alexander Hamilton stand for?
well, alexander hamilton stood up for paying back the us and creating the first national bank.
What was a key idea in the American system was a call for a?
National bank. -- apex
Who is the first national bank in India?
bank of hindustan
Jefferson said that the law creating the bank was?
annoying
Who recommended the creation of the national bank?
Alexander Hamilton was the creator of the National Bank in 1791.
What economic problem troubled the nation at the beginning of Washington's presidency and how were they solved?
National debt. Hamilton solved it by creating a national bank
What was a common Federalist position in the late 1700s?
Creating a national bank
What are Problems that encountered by Philippine National Bank?
the problem is that they dont have problem...
Who favored repaying national debt and creating a national bank andpassing whiskey tax?
Alexander Hamilton
What was one decision made by a member of Washington's cabinet?
creating a national bank
What economic problems trouble the nation at the beginning of Washington's presidency and how were they solved?
National debt. Hamilton solved it by creating a national bank
What economic problems troubled the nation at the beginning of Washington's presidency How were they solved?
National debt. Hamilton solved it by creating a national bank
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 the problem with setting up a national bank?
The Ability To Give Someone Back His Or Her Deposits.
What proposal represented a loose construction of the constitution?
Creating a national bank represented a "loose" construction of the Constitution.
What did Alexander Hamilton stand for?
well, alexander hamilton stood up for paying back the us and creating the first national bank.
Was south Carolina for or against the national bank in the 1800s?
When the Second Bank of the United States was chartered in February 1816, South Carolina congressman John C. Calhoun was one of its biggest proponents. Along with Henry Clay, Calhoun led Southern support for the national bank.
