1. Constitutionality Of The National Bank
... . Thomas Jefferson claimed that the bank was unconstitutional and that the clause "all powers not delegated to the United States, by the Constitution, nor prohibited by it to the States, are reserved to the States or to the people" 2 was the very foundation of why the erection of a corporation was only a right that belonged to the states. I feel that this clause shows the opposite. The words "nor prohibited" is the lynchpin here. The fact of the matter is that an erection ... of a bank is not bestowed upon the federal government expressly in the constitution, but it ... ...
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