The Constitutionality Of A National Bank

1860 Words Nov 20th, 2015 8 Pages
The Debate over the Constitutionality of a National Bank The creation of the first national bank in the United States was of utmost importance in setting precedence for how much power the constitution actually grants the government. The debate over whether to create a national bank raised many questions over the constitution that hadn’t been tested before. It also raised questions about what the government can do when the constitution has no written clause on a certain subject. In looking at the arguments from Alexander Hamilton, James Madison, and Thomas Jefferson regarding a national bank, people can find out more about how some of the leading founders of the Constitution wanted to see the United States government run. Thomas Jefferson led the opposition of a national bank. Having a history of opposition to an energetic government, it is no surprise that Jefferson did not want to give the federal government more power by giving them the ability to run a national bank. Jefferson argues that the Constitution does not give the federal government this power, and that by the government creating the bank it is overstepping its bounds and will ultimately destroy the constitution in the end. (1) One of the main arguments against Jefferson’s beliefs was that the constitution does give the federal government the power to create a national bank in the form of the ‘necessary and proper’ clause of the constitution. Jefferson retorts that it is not necessary or proper for the…

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