Hamilton's next objective was to create a Bank of the United States, modeled after the Bank of England. A national bank would collect taxes, hold government funds, and make loans to the government and borrowers. One criticism directed against the bank was "unrepublican"--it would encourage speculation and corruption. The bank was also opposed on constitutional grounds. Adopting a position known as "strict constructionism," Thomas Jefferson and James Madison charged that a national bank was unconstitutional since the Constitution did not specifically give Congress the power to create a bank.
Hamilton responded to the charge that a bank was unconstitutional by formulating the doctrine of "implied powers." He argued that Congress had the power to create a bank because the Constitution granted the federal government authority to do anything "necessary and proper" to carry out its constitutional functions (in this case its fiscal duties).
In 1791, Congress passed a bill creating a national bank for a term of 20 years, leaving the question of the bank's constitutionality up to President Washington. The president reluctantly decided to sign the measure out of a conviction that a bank was necessary for the nation's financial well-being.
They claimed that their wars were defensive. Whenever they attacked they would claim that the Natives had committed a transgression or had attacked first or were a threat or anything similar. This enabled them to do terrible things and still look like heroes in the eyes of the public.
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Answer: New England
Explanation:
History of trade, plantations, colonialism and colonization in the 13 Colonies
Trade in the Colonies: Colonialism, Triangular Trade, Mercantilism, Trade, Industries and Plantations
Trade in the Colonies
The original 13 colonies were divided into the New England, Middle and Southern regions. Each one prospered by trade in the colonies. The different products used for trade in the colonies are described in this article.
Trade in the Colonies - Natural Resources and Raw Materials
Trade in the colonies was determined by the climate and also by the different types of soil. Farming was an important trade in the colonies and the choice of crops was dictated by these two critical elements. Other types of Trade in the colonies were determined by the geography - close proximity to the sea and rivers led to the development of the fishing industry. The natural resources also impacted trade in the colonies. The lush forests provided wood for various trade items, iron ore was used as a basis for trade using this material. Trade in the Colonies was made possible by the their surplus of raw materials. Refer to Colonial Times for full descriptions of each of the trades and industries of Colonial America.
He is the one that said "I have not failed, I have just found 10,000 ways that will not work."
