chapter+6

Score- 9 out of 10 quiz number 1 score- 5 out 5 quiz number 2

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**Debating a National Bank ** The most controversial part of Hamilton’s plan was the national bank. The debate made clear that Jeffersonian Republicans and Federalists had opposing viewpoints about government . Like many debates during the Constitutional Convention, the disagreement centered on how much power the central government should have.  **strict construction** and **loose construction**. [j1] People who favor strict construction believe that the government should only do what the Constitution specifically states it can do. [j2] 

 **Hamilton’s bank plan ** [j3] When Hamilton proposed a national bank, he pointed to the clause in the Constitution that allows Congress to pass all laws that are  [j4]  to carry out its assigned powers.  This broad interpretation of the Constitution was a prime example of loose construction. From Hamilton’s point of view, the “  [j5]  and proper”  clause allowed actions that follow the intent of the Constitution even though those actions are not specifically named in the Constitution. [j6] clause has allowed the government to expand its powers and to adjust to changing times.  To this day, it is still a question for debate. 

<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> **<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Jefferson opposes the bank ** <span style="background: yellow; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">Jeffersonian Republicans continued the Antifederalists’ arguments against a strong central government. Jefferson himself, although he admired Washington and Madison, was lukewarm about the Constitution in its final form. <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> Jefferson wanted a small central government with more power left to the states. <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">He favored limiting government powers to only those specifically spelled out in the Constitution—and that would not include the power to form a national bank.

**<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Washington signs the bank bill ** <span style="background: yellow; font-family: 'Times New Roman','serif'; font-size: 12pt;">The bank proposal made others uneasy as well. Its directors were to be private bankers, who would clearly gain more influence and wealth from it. <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> Madison, Randolph, and others joined Jefferson in opposing it. Speaking to Congress, Madison said that the right to regulate trade had little to do with a national bank. <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;"> Despite the opposition, Congress passed the bill and sent it to the president to sign. Jefferson urged Washington to veto the bank bill. While Washington admitted that he was “greatly perplexed,” he did not want to use the presidential veto. <span style="background: yellow; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">Hamilton eventually persuaded President Washington to be flexible. Washington signed the bill to charter the first **Bank of the United States** in February 1791.

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 * Strict constructionist || I agree ||
 * Loose constructionist || I dis-agree ||