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The treaty allowed for the US to give Spain 5 million dollars in exchange for the US to gain ownership of Florida and the western territory of California
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The Supreme Court held that the Supremacy Clause (Article VI, Clause 2), which elevates federal law above state law when the two are in conflict (and do notinvolve a right explicitly reserved to the states) protected the bank from being taxed by the State(s). Chief Justice John Marshall declared the states couldn'ttax the federal government. Case Citation:McCulloch v. Maryland, 17 US 316 <span>(1819) </span>
