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: I hope this helps
Explanation:
What effect did Anglo explorers have on the American Indians living in the Plymouth area? answer choices . People in England learned to speak American Indian languages. Some American Indians learned to speak English. American Indians became enslaved (they became slaves) The American Indian population became extinct . Finding Common Ground. In the 1600s, when the first English settlers began to arrive in New England, there were about 60,000 Native Americans living in what would later become the New England colonies (Plymouth, Massachusetts Bay, New Hampshire, Connecticut, New Haven, and Rhode Island). In the first English colonies in the Northeast (as well as in Virginia), there were initial conflicts
Answer:
black americans and their strife for civil rights significant to the history of the united states
Explanation:
black americans and their strife for civil rights significant to the history of the united states because it affected every black american in the u.s and it was symbolic of the fight for rights for all people.
