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Q: Why did industialist favor the national bank?
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Why was Hamilton in favor of a national bank?

A tariff is a tax on imported goods.


Why did industsrialists favor the national bank?

Novanet: They believed it promoted economic growth.


Did Federalists favor a national bank?

the believed in promoted economic growth <novanet>


Why did industrialists favor national bank?

Nova net: they belived it promoted economic growth


Did Thomas Jefferson favor the creation of a national bank?

He didn't because he believed in strict construction of he constitution, which led him to believe that anything that is not written clearly in the constitution should not be done. Thus he opposed the creation of the bank because the constitution did not specifically grant power to Congress to create one. Alexander Hamilton favor the bank, because he believed in lose construction of the Constitution, and according to the "Elastic clause", the congress can do whatever that is for the good of the people. Thus Hamilton was for the creation of the national bank.


Why was secretary of state Thomas Jefferson opposed to the creation of the national bank?

He felt that the Constitution did not authorize the government to create a bank.


Do you have to bank with First National Bank?

Only if you want First National Bank to be your bank.


Which is the intermediary bank for Punjab national bank?

yes Punjab national bank is nationalized bank


When was National Bank of Bahrain created?

National Bank of Bahrain was created in 1957.


What was the previous name of the National Australia Bank?

The "National Australia Bank" was previously known as the "National Bank of Australia".


Why was the creation of a national bank so important to the U.S economy?

The national bank controlled the money supply


What is the Hungarian national bank's name?

Hungarian National Bank , Magyar Nemzeti Bank