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.
Answer:
<u>Views on the federal government</u> -- The Nullification Crisis provides evidence into Andrew Jackson's political and constitutional thinking. While Jackson believed in a strict construction of the Constitution and in states' rights, he believed that when the Constitution had delegated power to the federal government, the federal government had to be supreme.
<u>Beliefs in personal freedoms</u> -- The Nullification Crisis also revealed the depths of alienation which existed among the cotton planters of the Deep South as early as the 1830s. This alienation did not go away, nor did the desire to seek to formulate a constitutional construction that could alleviate planter grievances - namely, economic domination by northern commercial interests and the fear that the federal government might tamper with the institution of slavery. In many ways, the Nullification Crisis was a rehearsal for the political and constitutional crisis of the 1850s that would culminate in the American Civil War.
<u>12th amendment and the "corrupt bargain"</u> -- 12th Amendment is an amendment to the constitution of United States which describes the procedure of selecting President and Vice President and Corrupt bargain is the term used to refer to the incidents about Political agreement in the American history. In elections of 1824, the race for white house was razor thin with a winner engaging in a crooked deal that became known as the "Corrupt Bargain".
<span>Germany established the first national health insurance program in 1883, followed by Austria in 1888, and other European countries over the course of the twentieth century</span>
Answer:
One major log to the fire is the Civil War. The south was with slavery vs. the north who were fighting to abolish it.
