James Madison,Thomas Jefferson,and Other Leaders Opposed Alexander Hamilton's Proposed National
James Madison,Thomas Jefferson,and other leaders opposed Alexander Hamilton's proposed national bank on the grounds that
A) Congress had no authority to create a national bank.
B) a national bank would lead to currency inflation.
C) a national bank would lead to rampant speculation.
D) Congress had no authority to create a national bank, and a national bank would lead to currency inflation.
E) a national bank would lead to currency inflation and rampant speculation.
Correct Answer:
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Q25: The emergence of an alternative political organization
Q26: In the 1790s,those who were labeled Republicans
Q27: The first state to ratify the Constitution
Q28: Under Alexander Hamilton's plan,a new national bank
Q29: As treasury secretary,Alexander Hamilton
A) wanted to eliminate
Q31: In the Constitution,political parties were
A) not mentioned.
B)
Q32: The first secretary of the treasury under
Q33: Alexander Hamilton's funding plan
A) was eventually passed
Q34: In the first national elections in 1789,
A)
Q35: The two preeminent Republicans of the 1790s
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