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Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.

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9y ago
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14y ago

Any sovereign government, by definition, has the right to apply its power by all appropriate means.

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13y ago

to ensure that government and business interests were aligned.

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8y ago

He argued there are both implied and expressly enumerated powers, and that both types of powers are delegated to the national government.

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Q: Why did Alexander hamilton argue the united states could still charter a bank?
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Related questions

Who wrote a financial plan for the United states?

Alexander Hamilton


Who chartered the bank of the United States?

Alexander hamilton


What is Alexander Hamilton profession?

Alexander Hamilton was the Secretary of the Treasury of the United States during the George Washington Administration.


Why did Alexander Hamilton argue the United states could charter a bank?

He argued there are both implied and expressly enumerated powers, and that both types of powers are delegated to the national government.


_______ argued in favor of a Bank of the United States.?

alexander hamilton


What side was Alexander Hamilton supporting?

the united states of America


What possition in gov was Alexander Hamilton in?

Alexander Hamilton was the first United States Treasury and wrote the majority of the Federalist Essays.


Hamilton's national bank?

Hamilton supported the creation of the First Bank of the United States. Alexander Hamilton served as the 1st United States Secretary of the Treasury.


The original Bank of the US that Hamilton proposed?

The First Bank of the United States was proposed by Alexander Hamilton in 1791. It was the first central bank of the United States and was established to manage the country's debt from the Revolutionary War, issue a stable national currency, and promote economic stability. The bank's charter expired in 1811 and was not renewed.


What were Alexander Hamilton's greastest presedential accomplishments?

Alexander Hamilton was never the President of the United States. He was the countries first Secretary of the Treasury.


Why did Alexander hamilton ask congress to charter a bank of the united stated?

Novanet: To ensure that goverment and business interests were aligned.


Who are the founders of federalism?

In the United States: Alexander Hamilton and James Madison.