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Unformatted text preview: Philadelphia 1791 Debate over establishment of National Bank-Andrew Hamilton wanted National Bank to manage the nation’s finances-Anti-federalists claimed the establishment of a National Bank was not in the Constitution (narrow view of constitution)-Hamilton justifies National Bank with elastic clause b/c bank needed for collecting taxes-Congress passes bill that enables Hamilton in 1791 to establish the 1 st National bank March 4, 1791 – Vermont, a free state, joins the Union as 14 th state from parts of New York and New Hampshire 1792 April 2, 1792 – Coinage/Mint Act-passed by recommendation of Alexander Hamilton-introduced $1 bill w/ gold and silver to back it up June 1th, 1792 – Kentucky, a slave state, joins the Union as the 15 th state 1793 February 14, 1793 – Fugitive Slave Law-Article 4, Section 2-$500 fine on anyone harboring escaped slaves-demonstrated power of southern politicians...
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- Spring '10
- Biology, American Civil War, U.S. state, New Jersey, National Bank