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it was very expensive to operate the national bank
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∙ 11y ago
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What did some people do to try to end slavery?
people who opposed slavery worked to abolish it or end it
Why was the national banking system created?
actually it was a scotsman who invented the national bank in order to raise money for scotlands (failed attempt ) to colonize some island.
What type of government did Hamilton believe in?
Hamilton was a Federalist who believed in a country with a strong federal government. For example, he wrote the Public Report on a National Bank, in which he suggested that the national government should create a bank to help get rid of Revolutionary War debt, even though some argued that it was a breach of the Constitution.
What are Hamiltonians?
Hamiltonians were people who followed and supported the policies that Alexander Hamilton espoused on the fiscal affairs of the new union. Hamilton wanted a strong federal government relative to the states. Most importantly, though, Hamilton wanted the federal government to assume the debts that the various states had incurred in paying for the Revolutionary War. Some states had paid down much of their debts themselves and did not want the federal government to assume them. If it did, it would spread the cost of repayment of the entire debt among all of the states. This would have the effect of making some states pay for other states' debts. Hamilton had other fiscal ideas like having a national bank, which many states and people opposed. As it turned out, Hamilton's followers were diametrically opposed by Jefferson and Madison, sometimes referred to as Jeffersonians or Republicans.
Some anti-federalists argued that the constitution did not give enough power to?
national government
Hamiltonians and jeffersonians?
Hamiltonians are the people that supported Alexander Hamilton's viewpoint of helping other states pay off debts and creating a national bank. While some states had already paid off their debts, they were not very happy about his idea of helping to pay everyone else's debts. Jeffersonians were the people who supported Jefferson and Madison and opposed Hamilton's ideas and the creation of the national bank.
What are some bank's names?
Chase, First national, First national community bank, Bank of America, national city, are just a few.
Why were some people opposed to ratification?
They felt that the national government described by the Constitution was too strong and would lead to a monarchy.
Which national issue was the reason some people opposed war with Mexico?
The fear that slavery would spread into new territories
Some leaders opposed the bank of the united states because they believed what?
All freedom
What were Andrew Jackson's decisions?
Some of his Democratic decisions include giving the common people say in government, and removing the national bank
Why did Thomas Jefferson oppose Alexander Hamiltions idea for a national bank?
The national bank gave wealthy northeastern men far more power, especially with these men's having such large accounts in it, than was safe for what was supposed to be (as Abraham Lincoln put it later) a "government of the people, by the people, for the people." This implies not just some, but ALL the people.
Can i still get my funds that were on deposit with CS national bank in the 90's?
Usually at some point or another after a certain number of years of account inactivity funds may, or may not, be transferred to the state. This would be a question for the CS National Bank people.
Is National Penn Bank protected by some kind of deposit insurance?
National Penn Bank is protected by a deposit insurance by the government. The insurance is known as FDIC.
In World War 2 why did some people want prohibition?
Many people opposed the repeal of National Prohibition and hoped that WW II would lead to Prohibition, just as WW I had earlier done.
What are James Madisons achievements?
He declared war in Great Britain for some time and created second national bank
Top three banks?
Some of the top banks in India are: * State Bank of India * Punjab National Bank * ICICI Bank * HDFC Bank * Axis Bank * etc
