James Madison Papers

From James Madison to Edward Carrington, 27 February 1791

¶ To Edward Carrington

Letter not found. 27 February 1791. Acknowledged in Carrington to JM, 20 Apr. 1791 (DLC). Concerns JM’s views of the legislation chartering the Bank of the United States, and the constitutional questions raised by a charter proposal. JM apparently suggests that the federal government lacks the power to establish banks.

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