On the constitutionality of a national bank

On the constitutionality of a national bank PDF Author: Alexander Hamilton
Publisher: DigiCat
ISBN:
Category : Law
Languages : en
Pages : 45

Get Book

Book Description
Alexander Hamilton was an American revolutionary, statesman, and Founding Father of the United States. In this report of 1791, he advocated a national bank called the Bank of the United States, modeled after the Bank of England. Hamilton believed that a national bank was required to stabilize and improve the nation's credit and to improve the financial order, clarity, and precedence of the United States government under the newly legislated Constitution.

On the constitutionality of a national bank

On the constitutionality of a national bank PDF Author: Alexander Hamilton
Publisher: DigiCat
ISBN:
Category : Law
Languages : en
Pages : 45

Get Book

Book Description
Alexander Hamilton was an American revolutionary, statesman, and Founding Father of the United States. In this report of 1791, he advocated a national bank called the Bank of the United States, modeled after the Bank of England. Hamilton believed that a national bank was required to stabilize and improve the nation's credit and to improve the financial order, clarity, and precedence of the United States government under the newly legislated Constitution.

On the Constitutionality of a National Bank (Annotated)

On the Constitutionality of a National Bank (Annotated) PDF Author: Alexander Hamilton
Publisher:
ISBN: 9780997952735
Category : Political Science
Languages : en
Pages : 70

Get Book

Book Description
In 1791, The First Bank of the United States was a financial innovation proposed and supported by Alexander Hamilton, the first Secretary of the Treasury. Establishment of the bank was part of a three-part expansion of federal fiscal and monetary power, along with a federal mint and excise taxes. Hamilton believed that a national bank was necessary to stabilize and improve the nation's credit, and to improve financial order, clarity, and precedence of the United States government under the newly enacted Constitution. Alexander Hamilton (1755-1804) was a founding father of the United States, one of the most influential interpreters and promoters of the Constitution, the founder of the American financial system, and the founder of the Federalist Party. As the first Secretary of the Treasury, Hamilton was the primary author of the economic policies for George Washington's administration. Hamilton took the lead in the funding of the states' debts by the federal government, the establishment of a national bank, and forming friendly trade relations with Britain. Hamilton led the Federalist Party, created largely in support of his views; he was opposed by the Democratic Republican Party, led by Thomas Jefferson and James Madison, which despised Britain and feared that Hamilton's policies of a strong central government would weaken the American commitment to Republicanism.

Alexander Hamilton's Opinion As to the Constitutionality of the Bank of the United States

Alexander Hamilton's Opinion As to the Constitutionality of the Bank of the United States PDF Author: Alexander Hamilton
Publisher: Createspace Independent Publishing Platform
ISBN: 9781519428073
Category :
Languages : en
Pages : 30

Get Book

Book Description
Unfortunately, one of the best known aspects of Alexander Hamilton's (1755-1804) life is the manner in which he died, being shot and killed in a famous duel with Aaron Burr in 1804. But Hamilton became one of the most instrumental Founding Fathers of the United States in that time, not only in helping draft and gain support for the U.S. Constitution but in also leading the Federalist party and building the institutions of the young federal government as Washington's Secretary of Treasury. Hamilton is also well remembered for his authorship, along with John Jay and James Madison, of the Federalist Papers. The Federalist Papers sought to rally support for the Constitution's approval when those three anonymously wrote them, but for readers and scholars today they also help us get into the mindset of the Founding Fathers, including the "Father of the Constitution" himself. They also help demonstrate how men of vastly different political ideologies came to accept the same Constitution. One of the biggest battles was over the chartering of a national bank, a topic that seems trivial today given the size and scope of the federal government. At the founding, however, the Southern states and Thomas Jefferson's Democratic Party were skeptical of the necessity of a national bank, while Hamilton's Federalists insisted that it would help the nation pay off its debts and manage its finances. Eventually Hamilton won out, but the First U.S. Bank, located in Philadelphia, was nonetheless run by a private company, ensuring limits on government control. Before the First U.S. Bank was chartered, Hamilton wrote a defense of the chartering of a national bank by asserting it was constitutional.

Reconstructing the National Bank Controversy

Reconstructing the National Bank Controversy PDF Author: Eric Lomazoff
Publisher: University of Chicago Press
ISBN: 022657945X
Category : Political Science
Languages : en
Pages : 264

Get Book

Book Description
The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.

Reconstructing the National Bank Controversy

Reconstructing the National Bank Controversy PDF Author: Eric Lomazoff
Publisher: University of Chicago Press
ISBN: 022657959X
Category : Political Science
Languages : en
Pages : 256

Get Book

Book Description
The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.

Opinion As to the Constitutionality of the Bank of the United States

Opinion As to the Constitutionality of the Bank of the United States PDF Author: Alexander Hamilton
Publisher: Readhowyouwant
ISBN: 9781425023119
Category : Business & Economics
Languages : en
Pages : 84

Get Book

Book Description
A wonderful piece in which Hamilton defends the constitutionality of the National Bank of America. Written in 1791, it is addressed to the then American president George Washington. It stresses the economic benefits emerging from establishment of the bank. He wrote it in response to the questions raised by Secretary of State, Thomas Jefferson, regarding the legality of the issue. Informative!

The First of a Series of a Work, (in Six Numbers,) in Favor of the Constitutionality of a National Bank...By the Belarius of Cymbeline [pseud.].

The First of a Series of a Work, (in Six Numbers,) in Favor of the Constitutionality of a National Bank...By the Belarius of Cymbeline [pseud.]. PDF Author: Estwick Evans
Publisher:
ISBN:
Category : National banks (United States)
Languages : en
Pages : 32

Get Book

Book Description


The Argument of the Secretary of the Treasury Upon the Constitutionality of a National Bank

The Argument of the Secretary of the Treasury Upon the Constitutionality of a National Bank PDF Author: Alexander Hamilton
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 40

Get Book

Book Description


The Federalist Papers

The Federalist Papers PDF Author: Alexander Hamilton
Publisher: Read Books Ltd
ISBN: 1528785878
Category : History
Languages : en
Pages : 455

Get Book

Book Description
Classic Books Library presents this brand new edition of “The Federalist Papers”, a collection of separate essays and articles compiled in 1788 by Alexander Hamilton. Following the United States Declaration of Independence in 1776, the governing doctrines and policies of the States lacked cohesion. “The Federalist”, as it was previously known, was constructed by American statesman Alexander Hamilton, and was intended to catalyse the ratification of the United States Constitution. Hamilton recruited fellow statesmen James Madison Jr., and John Jay to write papers for the compendium, and the three are known as some of the Founding Fathers of the United States. Alexander Hamilton (c. 1755–1804) was an American lawyer, journalist and highly influential government official. He also served as a Senior Officer in the Army between 1799-1800 and founded the Federalist Party, the system that governed the nation’s finances. His contributions to the Constitution and leadership made a significant and lasting impact on the early development of the nation of the United States.

Commentaries on the Constitution of the United States

Commentaries on the Constitution of the United States PDF Author: Joseph Story
Publisher:
ISBN:
Category : Constitutional history
Languages : en
Pages : 792

Get Book

Book Description