First Bank of the United States (25 feb 1791 año – 1 feb 1811 año)

Descripción:

~Founded by Mr. Alexander Hamilton and Federalists
~Bank was granted with a 20-year charter
~Money from taxes were held in the First Bank then issued as representative money in the form of bank notes, backed by gold and silver
~The bank was not geared towards "ordinary people" who needed loans (ec. Farms and small businesses)
~Anti-federalists stated that the constitution does not directly give congress the power to create a National Bank

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