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Hamilton supported the creation of the First Bank of the United States. Alexander Hamilton served as the 1st United States Secretary of the Treasury.
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Earn +20 ptsQ: Hamilton's national bank
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Continue Learning about American Government
What was Hamiltons plan for reducing the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
What result of Hamiltons federalist beliefs?
establishing the first national bank of the United States as a way to manage money across state borders
Is the national bank and the second bank of the US the same?
The National Bank and the Second Bank of the United States are the same. The term national bank can refer to the Bank of North America as well as the First Bank of the United States.
Battle over national bank?
The battle over national bank happened when president Jackson wanted to get rid of the national bank
Who opposed a national bank in 1816?
Andrew Jackson strongly apposed the National Bank.
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