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Currency power and the bank’s role in national commerce
The essay argues Congress must establish and maintain a national currency of general credit, combining coinage and paper, to regulate commerce. It defends the Bank of the United States as essential to uniform currency, exchange, and aiding government finances, citing Washington's era and Madison era debate records. It denounces state bills of credit and underscores the bank’s nationality as key to public trust and nationwide circulation.
MENTIONED IN THIS ARTICLE
Congress
Dallas
England
America
Kentucky
Massachusetts
Pelion
Ossa
Washington
Krecollect
First Bank of the United States
Senate
Bank of 91
Secretary of the Treasury
House of Representatives
Madison
Ames
Secretary of State
First Bank
Union Tots