We finally have a Bank of the United States! President Washington signed the measure into law today after much debate between myself and Secretary of State . Oh, how that fire-eating salamander boils my blood! His written opinion to the president advises that the Constitution has limits on federal power and does not provide for the creation of a central bank, which should consequently be left up to the . Preposterous! I told the commander in chief that Congress would be justified in creating a national bank on the basis of in the Constitution, which explicitly empowers the government to collect taxes and regulate trade. How would we perform these functions if we did not have a national bank