Answer: Alexander Hamilton wanted a national bank that was similar to Great Britain, which would provide a uniform currency, handle federal government deposits and lending, and facilitate the payment of taxes.
Explanation:
Alexander Hamilton stated that creating a national bank would be “a political machine, of the greatest importance to the state.”. However, other politicians like Thomas Jefferson were concerned that a national bank could create a financial monopoly, drive favoritism, and become divisive to the individual states.
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