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Question #5 by skopec_25 on 10-28-2016
These three documents must be understood as being of a piece, that piece being the establishment of a sovereign republic, with sound finances and public credit, and with the means for expanding its industry and commerce for the benefit of its population.
I really dont care, man.
Only after emphasizing this, does Hamilton mention the other two advantages of a National Bank: first, greater facility to the government in obtaining pecuniary aids, in the case of emergency; and second, the facilitation of the payment of taxes.
Okay..
The rest of Hamilton's Report on a National Bank is devoted to answering the critics of the plan, and to laying out the principles of organization of the bank itself.
Stop!
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