1. Jefferson and the Constitutionality of a National Bank
... ;borrow money', the power to regulate commerce with foreign nations, and among the States, and with the Indian tribes." Jefferson also challenges the National Bank by pointing out that it does not even fall within the two general phrases, "to lay taxes for the purpose of providing ... that are already enumerated can be executed without a bank, then a bank is not necessary, therefore not authorized. Jefferson continues by criticizing the National Bank and reminding its supporters that Congress is "not to lay taxes ad libitum for any purpose they please; but only to pay the ... swallow up...
- Word Count: 1022
- Approx Pages: 4
- Has Bibliography
- Grade Level: Undergraduate