Talk:First Bank of the United States
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[edit] Date
what was the first bank established. -—Preceding unsigned comment added by 205.188.116.68 (talk • contribs)
[edit] Paragraph missing a beginning.
Does anyone know what the beginning of the second-to-last paragraph for this article is supposed to say? It just starts with, "develop a national currency, and dispose of the western territories.", and I really don't know how to build on that, considering I don't know exactly what the author was trying to say. —The preceding unsigned comment was added by Speedshark (talk • contribs) 07:33, 4 January 2007 (UTC).
Guilty as charged. I couldn't wind up the article that evening and so just left it, clumsly knitted together. Finished the mss. today. Will go back later today or tomorrow and will try to catch and repair typos.Malplaquet 21:28, 9 January 2007 (UTC)
[edit] Progress
This article is looking really good. Good job, Malplaquet. I just went through and took out little grammatical errors and tried to change html markup to wikipedia-style markup. I also added <references/> at the bottom of the page so that the references are listed there with their number. We need to have our wikiprojects reevaluate our class ;) this is certainly not a stub anymore. Some of the statements represent a particular point of view and it would be helpful to indicate the origin of the opinions stated. Matthew K 20:06, 18 January 2007 (UTC)
[edit] Assesment comments
I rated this article a B-class from a stub because of the article's expansion. To move beyond a B the article needs a thorough copyedit. There are many problematic sentences, such as the first one which is a run on into a sentence fragment. The article is almost entirely on the founding of the bank, very little on when the bank was in operation and its expiration. On a side note, the article is underlinked. Terms such as United States, bill, and bank would be appropriately linked. Medvedenko 05:12, 19 January 2007 (UTC)
[edit] what is the reason why the charter of BUS was not renewd on 1811?
The article explained the opposition when it was charted, but not on the reasons why it was not renewed. can someone clarify this? Jackzhp 23:28, 9 April 2007 (UTC)
-- The U.S. was falling into debt during the War of 1812, and James Madison had let it expire as he was not a supporter of the bank. Remember, he was from Virginia and didn't see it necessary. However he belatedly realized its merits and renewed the charter in 1816, at which point the U.S. started to get out of debt. Writergeek7 19:38, 4 June 2008
[edit] Informal Tone
Some of this article has an informal tone which comes across to me as being fast and loose with the facts. E.g., "... more than a few New England state governments." How many New England state governments were there? (At the time, I count Vermont, New Hampshire, Connecticut, Massachusetts, Rhode Island := 5.) I'm not sure how the phrase "more than a few" applies to a group of 5 things. Can we make it specific, or just clean up the writing to make it less vague? Thanks. Ryanluck 12:39, 11 April 2007 (UTC)
[edit] "$500 thousand"?
"By insisting on these conditions the Bank of the United States might technically possess $500 thousand in "real" money that it could, and would, make loans up to its capitalized limit of $10 million.[2]"
1. Is the form, "$500 thousand", correct? Should it be "$500,000.00", instead? Otherwise we're mixing words and numerals.
2. Also, why is the $500,000.00 and not $2,000,000.00? A quarter of the total of nongovernmental shares sold would be two million dollars, not five hundred. —The preceding unsigned comment was added by 66.75.77.72 (talk) 07:39, 12 May 2007 (UTC).
[edit] Postscript section
The postscript section had the following
In 1797 [or 1796-an anonymous editor changed it recently], Oliver Wolcott, Jr. who had taken over the position of Secretary of the Treasury from Hamilton, who had retired a year earlier, informed Congress that due to the existing state of government finances more money was needed. This could be achieved either by selling the government's shares of stock in the Bank, or raise taxes. Wolcott advised the first choice. Congress quickly agreed. Hamilton objected, believing that the dividends on that stock had been involably pledged for the support of the sinking fund to retire the debt. Hamilton tried to organize opposition to the measure, but was unsuccessful.
I have modified the language to eliminate some confusion. this section could still use some references.
--Matthew K 21:07, 10 November 2007 (UTC)
[edit] Opposition
The second paragraph in this section (quoted below) includes a vague reference to "Jackson" with no antecedent in the article. (I assume this was Andrew Jackson?) Perhaps this person's full name and office can be noted in the preceeding paragraph, as was done with Jefferson and Madison?
Southern congressmen feared the burdens of this proposed excise tax would fall disproportionally heavily on the South, where, declared Jackson, "hard liquor was a necessity of life".
76.233.86.61 (talk) 19:55, 23 November 2007 (UTC)Peter
