MA (Master of Arts)
Date of Award
Committee Chair or Co-Chairs
Melvin E. Page
Dale J. Schmitt, Dale M. Royalty, Emmett M. Essin III
The purpose of this manuscript is to explain Alexander Hamilton's idea that a national bank was essential for America's survival. Three key ingredients, clarified through the use of letters and documents, are used to understand the importance of Hamilton's objective: 1) Hamilton's relationship with George Washington, discussed in chapter one; 2) James Madison's and Thomas Jefferson's arguments against Hamilton's ideas, discussed in chapters two and three; and 3) Hamilton's proposal for the bank and his opinion in favor of its constitutionality, including the idea that the necessary and proper clause expands the authority of government, discussed in chapter four.
The prosperity and stability America experienced after the national bank threw open its door is proof that Hamilton's initiatives were needed. While James Madison is considered the Father of the Constitution, Hamilton is most definitely it foremost interpreter.
Thesis - Open Access
Dimmitt, Bradley Todd, "Alexander Hamilton and the National Bank." (2010). Electronic Theses and Dissertations. Paper 1688. http://dc.etsu.edu/etd/1688
Copyright by the authors.