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Why did hamilton believe it was necessary tof the US to have a national bank?
Wiki User
∙ 14y ago
It would curb inflation and make the dollar more stable for trade
Wiki User
∙ 14y 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.
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.
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.
Was hamilton for national bank?
yes!
Was the national bank for hamilton?
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.
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.
Who wanted to create a national bank?
Hamilton
Who favored national bank?
Alexander Hamilton
Who favored a national bank?
Alexander Hamilton
