1. Hamilton as Secretary of the Treasury

2. Essential Question
What decisions did George Washington and Alexander Hamilton make about the new government?

3. Alexander Hamilton https://www.youtube.com/watch?v=1mEWnQ3vmSs

4. Creating a Stable Economic System
National Bank
Based on a loose interpretation of the elastic clause of the Constitution the bank was “necessary and proper” to carry out the government’s duties. Based on this view, when the Constitution grants a power to Congress, it also grants Congress the “necessary and proper” means to carry out that power.

5. Creating a Stable Economic System: National Bank
What – Huge National Debt & is a National Bank Constitutional or Unconstitutional?
Who (President) – Washington (President) & Hamilton (Secretary of the Treasury)
When –
Where or Who – Entire United States of America
Why – The elastic clause of the Constitution allowed Congress to “make all laws which shall be necessary and proper.”
How – The National Bank was established in 1791, and helped grow the young nation’s economy

7. Alexander Hamilton Performance