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.
Secretary of War, hope this helps
Answer: They wanted to punish the South, and to prevent the ruling class from continuing in power. They passed the Military Reconstruction Acts of 1867, which divided the South into five military districts and outlined how the new governments would be designed. I think-
Explanation:
In companies, the role of trust is about the properties and assets it has. <span>The consolidation comes in a combination of all the trusts that there are in the company. Consolidation</span><span> gives the edge to a business and becomes a basis for its stability.</span>
The event that caused the Southern states to secede was the election of Abraham Lincoln as the President of the United States. Many maintain that the primary cause of the war was the Southern states’ desire to preserve the institution of slavery.
