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It would curb inflation and make the dollar more stable for trade

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15y ago

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Advocated a loose interpretation of the necessary and proper clause to support the creation of a national bank?

alexander hamilton


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.


Hamilton and Madison disagreed strongly over the issue of whether a national bank was?

Hamilton and Madison strongly opposed each other on this issue. Hamilton, believing that the establishment of a national bank was constitutional, argued that Article I, Section I allowed them to establish one. This Section states that congress can make any law that is "necessary and proper" for the nation. The debate over this was whether or not a national bank was necessary. Hamilton argues why the national bank is necessary and proper, while Madison argues that it is not. Madison's other main argument is that the Constitution also leaves any powers that are not specifically directed to the federal government are to be given to either the states or the people.


Was the national bank for hamilton?

yes!


Was hamilton for national bank?

yes!


How did Alexander Hamilton get his bank?

he did not get the national bank because he got into a duel with burr and hamilton got killed.


Who favored a national bank?

Alexander Hamilton


Who wanted to create a national bank?

Hamilton


Who favored national bank?

Alexander Hamilton


Why did Hamilton create a national bank?

As a way to help pay of America's debt ~Improved Answer;; Well Hamilton needed to come up with a way to pay of for the dept America was facing at the time... Also it was somthing George Washington asked him to do; Hopee I could help Kandee Conelly.