Alexander Hamilton was appointed Secretary of the Treasury in the Washington administration. He brought forth a proposal to incorporate a National Bank. It is clearly noted during the assembling of the Constitution of the United States, that the government was granted no power to incorporate anything. Mr. Hamilton, being the "smooth talker" that he was, and enticing some congressmen with the promise of shares in the Bank, won the argument in the Congress, and the Bank of US was chartered into existence. Thomas Jefferson, although taken in by Hamilton's oratorial expertise at first, was furiously outspoken against his connivances when he discovered the truth.