Question

The bank of the united states would:

Answer 1

Hamilton had created, taking the model of the Bank of England. He proposed a powerful private institution, of which the government would be the major stockholder and in which the federal Treasury would deposit its surplus monies.

Answer 2

The correct answer is A) hold funds on deposit.

The bank of the United States would hold funds on deposit.

It was Secretary of the Treasury -Alexander Hamilton- who proposed the idea to create a national bank or a bank of the United States in 1791. The goal of the bank, that many people questioned, was to hold funds on deposits. Antifederalists such as Thomas Jefferson or Samuel Adams severely opposed to the creation of the bank, considering it that favored rich people against farmers or middle-class people.

The other options of the question were B) lend money to the government wneh necessary. C) close ion mortgages. D) issue money.