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Why did Hamilton believe that a federal bank was needed?

Why did Hamilton believe that a federal bank was needed?
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Why did Hamilton believe that a federal bank was needed?

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User LightBox
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to collect revenue for the federal government


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User Dor Cohen
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Thomas Jefferson opposed this plan. He thought states should charter banks that could issue money. Jefferson also believed that the constitution did not give the nation government the power to establish a bank. Hamilton disagreed on this point too.
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User Matt Singer
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