The Commercial Power of Congress Considered in the Light of Its Origin the Or
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If banks were among the known and usual means to effectuate or facilitate the ends which have been mentioned, to enable the government with the greatest ease and least burden to the people to collect taxes, borrow money, regulate commerce, raise and support armies, provide and maintain fleets, the argument was irrefragable and conclusive to prove the constitutionality of the bill. -* For answer to the objection that the bill created a monopoly, it was said that by the amendments proposed by New... Hampshire, Massachusetts, and * Hamilton's opinion to Washington in Lodge's edition of his Works, iii. , pp. I8o, i8i.
* Sedgwick, in Annals, ist. Cong. , ii. , p. 1911, e^ seq. 3 Ibid. , pp. 1911, 1912.
The First Congress 175 New York, it plainly appeared that these. States considered that Congress did possess the power to establish companies with monopolistic privi- leges'; and Hamilton, pursuing this point, re- ferred to the amendments proposed by several States, as showing that in their opinion the power of erecting trade companies or corporations was inherent in Congress, and as objecting to it no further than as to the grant of exclusive privileges.
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You can find similar books in the "Read Also" column, or choose other free books by David Walter Brown to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If banks were among the known and usual means to effectuate or facilitate the ends which have been mentioned, to enable the government with the greatest ease and least burden to the people to collect taxes, borrow money, regulate commerce, raise and support armies, provide and maintain fleets, the argument was irrefragable and conclusive to prove the constitutionality of the bill. -* For answer to the objection that the bill created a monopoly, it was said that by the amendments proposed by New... Hampshire, Massachusetts, and * Hamilton's opinion to Washington in Lodge's edition of his Works, iii. , pp. I8o, i8i.
* Sedgwick, in Annals, ist. Cong. , ii. , p. 1911, e^ seq. 3 Ibid. , pp. 1911, 1912.
The First Congress 175 New York, it plainly appeared that these. States considered that Congress did possess the power to establish companies with monopolistic privi- leges'; and Hamilton, pursuing this point, re- ferred to the amendments proposed by several States, as showing that in their opinion the power of erecting trade companies or corporations was inherent in Congress, and as objecting to it no further than as to the grant of exclusive privileges.
What to read after The Commercial Power of Congress Considered in the Light of Its Origin the Or?
You can find similar books in the "Read Also" column, or choose other free books by David Walter Brown to read onlineMoreLess
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