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HAMILTON’S BANK OF THE UNITED STATES

HAMILTON’S BANK OF THE UNITED STATES

HAMILTON’S BANK OF THE UNITED STATES

HAMILTON’S BANK OF THE UNITED STATES: Report of the Secretary of the Treasury, Alexander Hamilton, on the subject of a national bank

by Alexander Hamilton

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About This Item

Hamilton, Alexander. Report of the Secretary of the Treasury, Alexander Hamilton, on the subject of a national bank read in the House of Representatives Dec. 13th, 1790. New-York: Published by S. Whiting & Co. 1811. Third edition. Self-wraps. Disbound. 22 cm. 44 pp.

OCLC shows 9 holdings (Columbia; Hamilton Coll.; NY Hist. Soc.; NY Pub. Lib.; Huntington; Yale; AAS; Portland Pub. Lib.; U. Penn.) Shaw & Shoemaker; American Imprints. 24307. First published in 1790, Hamilton's proposal for a national bank was controversial and only accepted - against the opposition of Thomas Jefferson and James Madison – after much debate. Hamilton believed that Article I Section 8 of the Constitution, permitting the Congress to make laws that are "necessary and proper" for the government, empowered lawmakers to create a national bank. Secretary of State Thomas Jefferson and Representative James Madison of Virginia disagreed, countering that powers not expressly granted to Congress in the Constitution belonged to the states. The Bank was instrumental in managing the critical issue of public debt from the Revolutionary War. This 1811 printing was almost certainly undertaken in conjunction with the debate over renewal of the Bank charter. The charter was not renewed and the modern central banking system did not emerge in the U.S. until passage of the Federal Reserve Act in 1913.

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Seller
WILLIAM ALLISON BOOKS US (US)
Seller's Inventory #
20813
Title
HAMILTON’S BANK OF THE UNITED STATES
Author
Alexander Hamilton
Book Condition
Used
Quantity Available
1
Date Published
1811
Size
22 cm.
Weight
0.00 lbs
Keywords
Banking Finance Money

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About the Seller

WILLIAM ALLISON BOOKS

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About WILLIAM ALLISON BOOKS

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