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.
In the history of modern Brunei, no one should forget what Sultan Hashim did for us. He signed the historic agreement between Brunei Darussalam and United Kingdom in 1888 which made us a British Protectorate. He also signed the other historic agreement between the two countries in 1906 which created the post of British Resident to advise Brunei.
Kiev’s importance to Russian society can be best illustrated by?
the arts and architecture borrowed from the Byzantines.
Answer:
The answer is D, Social media is now a key tool candidates use to reach the public.
Explanation:
I just did this question 2020Egen.
