Question

It is not denied that there are implied as well as express powers, and that the former are as effectually delegated as the latter. And for the sake of accuracy it shall be mentioned, that there is another class of powers which may be properly denominated resulting powers. It will not be doubted that if the United States should make a conquest of any of the territories of its neighbours, they would possess sovereign jurisdiction over the conquered territory. This would rather be a result from the whole mass of the powers of the government & from the nature of political society, than a consequence of either of the powers specially enumerated. Which option denotes the enumerated power that Hamilton identifies as the Constitutional basis for the federal government’s resulting authority to create a national bank?

to provide for the punishment of those who counterfeit the securities and current coin of the United States
to coin money and regulate the value thereof, as well as that of foreign coin, and to fix the standard of weights and measures
to raise and support armies, but no appropriation of money to that use shall be for a longer term than two years
to establish a uniform rule of naturalization and uniform laws on the subject of bankruptcies throughout the United States

Answer 1

The correct answer is: "to coin money and regulate the value thereof, as well as that of foreign coin, and to fix the standard of weights and measures "

The National Bank has the role of printing a single currency that is valid in all of the states and it also serves as a place where the government can store its money and withdraw it when necessary.

With the printing of money, the bank was the power of regulating its value, as an increase on the supply will consequently represent a decrease in the value of it as there is an excess in the market. This surplus or deficit in the money supply also affects foreign currencies as the exchange rate varies.