The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
Alexander Hamilton (1851). “The works of Alexander Hamilton: comprising his correspondence, and his political and official writings, exclusive of the federalist, civil and military”, p.237
