On the Constitutionality of a National Bank (Annotated)

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Set in 1791, the narrative explores the establishment of the First Bank of the United States, a significant financial innovation championed by Alexander Hamilton. This initiative aimed to enhance federal fiscal and monetary authority alongside the creation of a federal mint and excise taxes. Hamilton argued that a national bank was essential for stabilizing the nation's credit and fostering financial order, clarity, and precedence in the wake of the newly enacted Constitution.