Which statement about Hamilton´s plan for a Bank of the United States is FALSE?

Question

Quizplus · Accepted Answer

Hamilton's plan for the Bank of the United States did not directly involve facilitating the federal government's assumption of state debts. The assumption of state debts was a separate part of his financial program, aimed at strengthening the federal government by assuming the war debts of the states, but it was not a function of the Bank itself. The Bank was indeed intended to be a private institution with the government as a major stockholder, to issue sound paper currency, to serve as a depository for federal funds, and to stimulate business by keeping currency in circulation.

Which Statement About Hamilton´s Plan for a Bank of the United