Document B: Daniel Webster’s argument regarding a national bank, 1833

Question

The argument regarding the national bank starts with the question: Does Congress have the right to charter a 'National Bank'? and can a State Legislature be forced to house a federal institution without creating revenue from said institution…Will that banking institution create an unlimited power to exact monies from the populace? But the actions of a national bank to stabilize our currency and provide safe haven for monies from all sources of society are paramount within our federal and more importantly state financial structures.

Q2. Document B is:

A) Anti-Federalist and economic
B) Anti-Federalist and social
C) Anti-Federalist and political
D) Federalist and economic
E) Federalist and social
F) Federalist and political

My answer is (A) Anti-Federalist and economic. The document has a huge concern if national bank can handle the financial structures. Also, Daniel Webster was trying to limit the power of federal government as well as protect people's liberties so it shows that he is anti-federalist.

Is my answer correct?

Answer 1

Not having Document B to read, I have no idea, however Webster was most certainly Federalist and economic oriented. Webster was most definitely not a libertarian, as indicated in your second sentence. He despised populists, and popular opinion..that was the crux of his spite of Andrew Jackson.

Answer 2

Thank you so much for the explaination, bobpursley! :)