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- Second_Report_on_Public_Credit abstract "The Second Report on the Public Credit also referred to as The Report on a National Bank was the second of three influential reports on fiscal and economic policy delivered to Congress by Secretary of the Treasury Alexander Hamilton. The Report, submitted on December 14, 1790, called for the establishment of a central bank, its primary purpose to expand the flow of legal tender by monetizing the national debt through the issuance of federal bank notes. Modeled on the Bank of England, this privately held, but publicly funded institution would also serve to process revenue fees and perform fiscal duties for the federal government. Secretary Hamilton regarded the bank as indispensable to producing a stable and flexible financial system.The ease with which Federalists advanced legislation to incorporate the bank impelled agrarian opposition hostile to Hamilton ’s emerging economic nationalism. Resorting to constitutional arguments, Representative James Madison challenged Congress’s broad authority to grant charters of incorporation under the “necessary and proper” clause of the US Constitution, and charging Hamilton with violating a literal or strict constructionist interpretation of the founding document.Despite Madison’s objections, the legislation to form the First Bank of the United States passed, without amendment, in the House by a vote of 37-20 on February 2, 1791, endowed with a twenty-year charter.".
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- Second_Report_on_Public_Credit wikiPageLength "9043".
- Second_Report_on_Public_Credit wikiPageOutDegree "32".
- Second_Report_on_Public_Credit wikiPageRevisionID "624538774".
- Second_Report_on_Public_Credit wikiPageWikiLink Alexander_Hamilton.
- Second_Report_on_Public_Credit wikiPageWikiLink American_Revolutionary_War.
- Second_Report_on_Public_Credit wikiPageWikiLink Bank_Bill_of_1791.
- Second_Report_on_Public_Credit wikiPageWikiLink Bank_of_England.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:1790_works.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:1790s_in_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:Banking_in_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:Economic_history_of_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:Government_finances_in_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:National_debt_of_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink Category:Works_by_Alexander_Hamilton.
- Second_Report_on_Public_Credit wikiPageWikiLink Democratic-Republican.
- Second_Report_on_Public_Credit wikiPageWikiLink Democratic-Republican_Party.
- Second_Report_on_Public_Credit wikiPageWikiLink Economic_nationalism.
- Second_Report_on_Public_Credit wikiPageWikiLink Edmund_Randolph.
- Second_Report_on_Public_Credit wikiPageWikiLink Enumerated_powers.
- Second_Report_on_Public_Credit wikiPageWikiLink Federalist.
- Second_Report_on_Public_Credit wikiPageWikiLink Federalist_Party.
- Second_Report_on_Public_Credit wikiPageWikiLink Federalist_Party_(United_States).
- Second_Report_on_Public_Credit wikiPageWikiLink First_Bank_of_the_United_States.
- Second_Report_on_Public_Credit wikiPageWikiLink First_Report_on_the_Public_Credit.
- Second_Report_on_Public_Credit wikiPageWikiLink Implied_powers.
- Second_Report_on_Public_Credit wikiPageWikiLink James_Madison.
- Second_Report_on_Public_Credit wikiPageWikiLink Necessary_and_Proper_Clause.
- Second_Report_on_Public_Credit wikiPageWikiLink Necessary_and_proper_clause.
- Second_Report_on_Public_Credit wikiPageWikiLink Political_economy.
- Second_Report_on_Public_Credit wikiPageWikiLink Report_on_Manufactures.
- Second_Report_on_Public_Credit wikiPageWikiLink States_rights.
- Second_Report_on_Public_Credit wikiPageWikiLink Strict_constructionism.
- Second_Report_on_Public_Credit wikiPageWikiLink Tenth_Amendment_to_the_United_States_Constitution.
- Second_Report_on_Public_Credit wikiPageWikiLink Thomas_Jefferson.
- Second_Report_on_Public_Credit wikiPageWikiLink United_States_presidential_election,_1800.
- Second_Report_on_Public_Credit wikiPageWikiLinkText "Hamiltonian banking mechanisms".
- Second_Report_on_Public_Credit wikiPageWikiLinkText "Hamiltonian".
- Second_Report_on_Public_Credit wikiPageWikiLinkText "National Banking".
- Second_Report_on_Public_Credit wikiPageWikiLinkText "Second Report on Public Credit".
- Second_Report_on_Public_Credit wikiPageWikiLinkText "national bank".
- Second_Report_on_Public_Credit hasPhotoCollection Second_Report_on_Public_Credit.
- Second_Report_on_Public_Credit wikiPageUsesTemplate Template:Alexander_Hamilton.
- Second_Report_on_Public_Credit wikiPageUsesTemplate Template:Reflist.
- Second_Report_on_Public_Credit subject Category:1790_works.
- Second_Report_on_Public_Credit subject Category:1790s_in_the_United_States.
- Second_Report_on_Public_Credit subject Category:Banking_in_the_United_States.
- Second_Report_on_Public_Credit subject Category:Economic_history_of_the_United_States.
- Second_Report_on_Public_Credit subject Category:Government_finances_in_the_United_States.
- Second_Report_on_Public_Credit subject Category:National_debt_of_the_United_States.
- Second_Report_on_Public_Credit subject Category:Works_by_Alexander_Hamilton.
- Second_Report_on_Public_Credit hypernym Second.
- Second_Report_on_Public_Credit type Work.
- Second_Report_on_Public_Credit type Work.
- Second_Report_on_Public_Credit comment "The Second Report on the Public Credit also referred to as The Report on a National Bank was the second of three influential reports on fiscal and economic policy delivered to Congress by Secretary of the Treasury Alexander Hamilton. The Report, submitted on December 14, 1790, called for the establishment of a central bank, its primary purpose to expand the flow of legal tender by monetizing the national debt through the issuance of federal bank notes.".
- Second_Report_on_Public_Credit label "Second Report on Public Credit".
- Second_Report_on_Public_Credit sameAs 公的信用に関する第二報告書.
- Second_Report_on_Public_Credit sameAs m.02qx_wn.
- Second_Report_on_Public_Credit sameAs Andra_rapporten_om_offentlig_kredit.
- Second_Report_on_Public_Credit sameAs Q5931879.
- Second_Report_on_Public_Credit sameAs Q5931879.
- Second_Report_on_Public_Credit wasDerivedFrom Second_Report_on_Public_Credit?oldid=624538774.
- Second_Report_on_Public_Credit isPrimaryTopicOf Second_Report_on_Public_Credit.