Respuesta :
A true statement about James McCullog would be that he ran a bank in Maryland. He gave a huge loan to the state and this caused later controversy.
James McCullough used to fun a Federal bank in Maryland.
Further Explanation:-
In the year 1819, The United States was known as the nation under construction and during that time, United States Congress decided to establish national banks within its borders and many states opposed this decision as they were against any national bank that was competing with their state banks and they objected to this decision by Congress stating it as unconstitutional.
A national bank was Strongly opposed by the government of Maryland but against the opposition, still the Branch of a national bank was inaugurated in the year 1817 and it affected Maryland economically and to overcome this, Baltimore was taxed by Maryland because it wanted Baltimore to run out of business. James W. McCullough, who was cashier of that bank denied paying any kind of tax and state of Maryland Sued him. The McCullough v. Maryland case had a significant effect on what federalism was for the United States.
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Answer details:
Grade – High School
Subject – history
Chapter – McCullough v. Maryland case
Keywords – McCullough v. Maryland case, McCullough, Maryland, World War-1, United States, Constitution, Bank, Nationalized bank, Congress, Secretary, Treasury.
