Founding of the National Bank

Founding of The National Bank Alexander Hamilton formally served as military aide to Washington during the Revolution. Washington later appointed Hamilton as his secretary of treasury. Congress called on Hamilton to prepare a report on the nations finances. Hamilton had many enemies, but he was a great thinker. He believed that a strong government was essential to the country. He based his belief on that from Great Britain, whose success came from its system of …

…adison feared cities and commerce and the aristocratic ways of Hamilton, his program was successful. In conclusion, Hamilton realized the United States needed the bank to promote commerce and manufacturing for this country to thrive. This also, changed the way that the country and government looked at the Constitution and realized that flexibility was necessary to promote change during times of crises. Jefferson ultimately took office and reduced the debt by $26 million.