Republican (constitutionalist) President Madison proposes the establishment of a second, unlawful (central) Bank of the United States to succeed the first Bank that failed to be re-chartered in 1811. This is a position that he was opposed to when he was a member of Congress two decades previous.
[added 2/14/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 77.
The Federal Reserve and you
endthefednc.wordpress.com/
Current U.s. National Debt:
