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What was the strongest argument against Hamilton's Bank of the US?
Wiki User
∙ 11y ago
If this new Bank of the United States were to fail, and collapse, the money would be gone. Results would be quite like the great depression of the 1930's, except with a lot more rioting.
Wiki User
∙ 11y ago
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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
What most correctly describes hamiltion's argument supporting establishment of a national bank?
The bank would ensure a sound of uniform currency.
Who was against the second bank of the us?
Jackson was against the second bank because he found out that the bank was giving people loans when the law said not to give out loans
Which statement best reflects alexander hamiltons views regarding the power of a federal government?
Alexander Hamilton believed in federal government being much like it was in Great Britain. He valued a powerful centralized government with assumption of state debts and a government-owned bank.
What is Joseph's strongest argument to explain why the bank cannot enforce the guaranty?
Joseph's strongest argument may be that the bank failed to provide consideration for the guaranty, making it legally unenforceable. Without an exchange or promise of something of value in return for the guaranty, it may not be considered a valid contract. Additionally, Joseph could argue that the bank did not follow proper procedures or provide him with adequate information before he signed the guaranty.
What led to Jefferson to oppose Hamiltons plans to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
What led Jefferson to oppose Hamiltons plan to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
Which aspect of Hamiltons program received the least support?
The National Bank
Which bank is the strongest bank in the united States?
bank of america
Who was Alexander hamiltons chief opponent to the national bank?
Andrew Jackson.
Which of hamiltons proposals was attacked as un constitutional by thomas Jefferson?
creation of a national bank
What were hamiltons and jeffersons impression of national bank?
He opposed it because the Constitution did not grant that power to Congress.
What was Alexander Hamilton's position on bank of the US?
alexander hamiltons veiw on the bank of the U.S. was that he felt that people needed a place to store their money
What is the strongest argument for enabling Kenyans to transfer money on their cell phones in 2012?
For the many Kenyans without computers or bank accounts, this service provides a safe alternative to carrying large amounts of cash.
Which is the strongest argument for enabling Kenyans to transfer money on their cell phones in 2012?
for the many kenyans without computers or bank accounts, this service provides a safe alternative to carrying large amounts of cash.
What was Alex Hamiltons position on Federalism?
He was a federalist that believed in having a strong central government by creating the national bank.
