History, 17.10.2019 03:30, ejuarez2020

Why did alexander hamilton argue for the national government to issue a charter for a national bank?

the constitution clearly enumerates the power to charter banks and other corporations.

the national government, by definition, has all powers of all lower levels of government.

hamilton was at the constitutional convention and clearly remembered the delegates discussing whether the federal government should be able to create a chartered corporation.

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

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Why did alexander hamilton argue for the national government to issue a charter for a national bank?...