What were the particular plans of Hamilton bank bill that were absolutely necessary to the success of the bank and which plans seams to put power than necessary in the Hands in the government. ? I will not accept an answer with I don't know

Alexander Hamilton's bank bill, which ultimately led to the establishment of the First Bank of the United States in 1791, had several key provisions that were crucial to the success of the bank. One essential aspect was the idea of creating a national bank to serve as a central repository for federal funds and to manage the government's finances. This was intended to provide stability to the young nation's economic system.

Particularly necessary aspects of the bank bill included:

1. Issuing Currency: The bank was given the authority to issue a uniform national currency, which aimed to stabilize and standardize the country's monetary system.
2. Managing Public Debt: The bank was tasked with managing the federal government's debt, helping to consolidate and organize the various debts accumulated during the Revolutionary War.
3. Facilitating Economic Growth: By providing a stable currency and managing government finances, the bank was expected to facilitate economic growth and provide a foundation for a sound financial system.

While these aspects were seen as necessary for the success and stability of the bank, there were criticisms, notably from Thomas Jefferson and his political allies. They argued that some provisions, such as the implied powers used to justify the bank, seemed to grant the federal government more power than explicitly outlined in the Constitution. This debate reflected the broader disagreement between Federalists like Hamilton, who favored a stronger central government, and Anti-Federalists like Jefferson, who were concerned about the potential for federal overreach.

In summary, the essential plans of Hamilton's bank bill were focused on creating a stable financial system, issuing a uniform currency, and managing public debt. However, the debate over the bank bill highlighted broader philosophical differences about the scope and limits of federal power in the early years of the United States.