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.
hope it helps
Okay then
Explanation: who you talking to?
Didnt they want to secure more rights for agricultural workers?
Answer: I think around May 20th or something like that.
The Confederacy knew they held all of the cards because they were the money makers for the Union. They were resentful that the North (Union) would try to dissolve their labor practices (slavery) because that would cut into the plantation owners money. The Confederates also didn't feel the Union was contributing anything to the states. If anything, they were actually a drain on the economy.
Ultimately, the South (Confederacy) decided to withdraw from the Union because they knew that they would prosper on their own without the North. They knew the North would collapse without the South as part of the states.
