Imagine an America pulling away from British. Imagine a man with massive amounts of knowledge of economics, politics and social systems who stood up against the Brits, and supported the Constitution. That man was Alexander Hamilton. Alexander Hamilton was founding father, federalist, economist, and American philosopher. Alexander Hamilton has influenced many modern days ideas, from the way America should be ruled, to how a country should always have a five point plan, and finally basics American Philosophy. Alexander Hamilton was one of the supporters of the Constitution; he also wanted to kick the Brits out of America as fast and as efficiently possible. People have been sick and tired of the British for a long time. (Hamilton, Alexander) …show more content…
This included their debt. (Green, John) America was really split, this was because the south was making all the money from all the cash crop that they were exporting. So while the south was making loads of money of just enslaving people and making them work in the hot sun and were given no wages and kept there under their own personal will. While the white southern men were dining in luxury. Still even after the French and Indian war Americans, the only people that seem to still be making money was the south. This was a big problem since the south already made payments they didn’t seem to intrigue the idea of paying more for someone else. So Alexander Hamilton made a smart move and decided that he would strengthen the Revolutionary War bonds if they decided to go with it. (McNeil, S.) This proved the people of America wanted to make money off of war bonds and the wanted it like it was the worst ever. Hamilton also had many other points this was only the first one of his …show more content…
It was a simple plan yet it caused many speculation amongst the other Congressmen. (McNeil, S.) One of the biggest problem was corruption. Since the people were assuming that you would pay your taxes that have been previously done by the people that were holding the place of the bankers. So the possibility of say a person saying that he has been a real drag to the banker that does his tax for him, and the banker couts up his/her materialistic value and decides that he needs to be payed extra for this. The banker than decides to add an extra seventy dollars for keeping up with this specific person. So corruption is done in a very sly secretive way by adding a few extra cost for just not quitting on someone because they’re forgetful of everything. Alexander Hamilton was smart and used the constitution to its maximum, which means that he basically used the constitution to force Congress to make the Federal Bank, the constitution explicitly says “do anything necessary and proper to carry out its constitutional functions.” (McNeil, S.) In this case it would be making the Federal Bank for the sovereign nation of America to strive. This was the general purpose of this point of the
The day that Alexander Hamilton was first placed into the United States Government would be the day which would forever change our nation. The time when he would start and create a fantastic economy out of scratch. He did it with one brilliant five point plan. But there were three parts of the plan which were the body of this project. These were the assumption of state debt, the whiskey tax, and the construction of a national bank. All of these together would enhance our economy, before the tyrant Jackson would destroy them (bank). Nevertheless, his plan dealt with and solved the tough issues such as federal debt, government money supply, and economical shape throughout our nation. So for these answers he gave to our people, we must be grateful
·Hamilton’s plan to establish a permanent national debt violated the principle of equality among citizens; it seemed to favor the interests of public creditors over those of other Americans. Hamilton’s critics also denounced his proposal for a national band, interpreting it as a dangerous scheme that would give a small, elite group special power to influence the government.
The United States began to dissatisfy some of its citizens and so the concerns of sectionalism, or the split of the country began to arise. There was a continuous riff between the south and the north over a few issues, a major one being slavery. The south argued that the slaves were necessary to support the southern economy. According to document A, the south were angry that the north was creating taxes that hurt the southern economy, thus increasing the need for slavery since they had to make up for the expense of the taxes. The south felt that the north was able...
During 1788, Alexander Hamilton was one of the three authors of the Federalist Papers in addition to being a Lawyer in the state of New York. The Federalist Papers are known for being an imperative source of understanding in regards to the original Constitution.
Alexander Hamilton was a Federalist. A federalist is Supporter of the Constitution during the debate over its ratification; someone who favored a strong central government. Hamilton believed in a loose interpretation of the Constitution. This means that he believed that the Constitution was a set of guidelines that did not need to be followed strictly. Hamilton wanted to expand the economy and increase the nation's wealth by using the power of the federal government to promote
Everyone has heard the name Alexander Hamilton, but few are familiar with his views and actions regarding the survival of the young American republic. He could be recognized for anything from serving our fledgling country by fighting in the New York militia; to serving his community as a lawyer and as a national tax agent; to beginning his political career as a representative for New York at the National Congress. Though most would agree his most important contribution to our struggling republic was to spearhead the project which formed the doctrine helping to establish the foundation in which modern democracy is based, the Articles of Confederation.
Of the many figures in American History, Alexander Hamilton has proven himself one of the most versatile and influential. His policies and ideals have helped the United States blossom into a prosperous world power. Through his power as secretary of Treasury and his convincing intellectual efforts, he was able to dominate the nations early political environment. Hamilton’s patriotic endeavors have proven themselves to be durable and in the best interests of the United States.
Alexander Hamilton was born a bastard child in the West Indies and demonstrated great intellectual potential at an early age. He was sent to New York City for schooling and studied at King’s College, now Columbia University. His vision of America took a more capitalistic tone and “he was determined to transform an economically weak and fractious cluster of states into a powerful global force” (Tindall & Shi, 2010). Hamilton advocated a strong central government. He was bold and persuasive and his philosophies quite extraordinary for his time.
Going hand in hand with his detestation of large, extremely controlling national governments, Jefferson was intent on having no national bank present in the US, but Hamilton was certain the country would benefit from one. For example, in a personal letter written by Alexander Hamilton, he wrote, “Mr. Madison, co-operating with Mr. Jefferson, is at the head of a faction, decidedly hostile to me, and my administration; and actuated by views... subversive of the principals of good government, and dangerous to the Union... Mr. Jefferson... [displays] his dislike of... funding [the] debt.” (Doc 2) Hamilton implied that by not advocating a national bank, Jefferson did not want to help the country pay off its debt. Jefferson, however, was dead set against having a national bank because he wanted the common people, such as the farmers, to have maximum influence on the government. This way, a strong central government could not have supreme political, economic, and social power, all of which together would open the doors for future corruption, even if the government was set up in the manner directed in the Constitution. Jefferson defended this judgement to the extent that he formed a political party so it could develop into a well-supported suggestion. Thus, the perspective on national banks could more efficiently progress into the point where it impacted the whole country and prevented the formation of a national bank. Equally, the excise tax proposed by Alexander Hamilton and carried out by Congress, factored in on Hamilton and Jefferson’s feud on having a national bank. In a letter written by Thomas Jefferson, he manifested his reaction to the excise tax by commenting, “The excise tax is an infernal one... [the public’s]
One such issue was that of the National debt and creating a National Bank. In 1790, Alexander Hamilton proposed that Congress should establish a national bank, in which private investors could buy stock, could print paper money, and keep government finances safe. Washington signed the bill establishing a national bank and started a strong foundation for a thriving economy and a stable currency.
Thomas Jefferson and Alexander Hamilton were both men for the greater good and for the future of the nation. Jefferson and Hamilton had their differences, and public policies but also similarities. Thomas and Alexander were both part of different political parties. The political parties were called Federalists and anti-Federalists. Federalists were led by Alexander Hamilton who were a group of people were for a strong governments and strong government. The anti-federalist’s leader was none other but Thomas Jefferson. The anti-federalists were for a state and local government. The main comparison among these two gentlemen were that they were both leaders of their own political party. The other difference was their view on both of the types of
Thomas Jefferson and Alexander Hamilton entertained many differing ideas of how the United States (US) should be run, especially in relation of philosophical ideas, domestic policy, and foreign policy. Firstly, looking at the philosophical differences, each man seemed to be consistently on the two opposite side of the other. Thomas Jefferson believed there needed to be maximum public control, and the government needed to be decentralized. Therefore, there needed to be ways for everyone to get an education, so that they could have information and power. Jefferson also wanted to increase the percentage of family farms, and believed that having farms were the way to success. He was for the power of the common people, and abundantly suspicious of the upper class. Alexander Hamilton fancied centralizing the government, and have only few wealthy educated citizens able to lead. Hamilton was suspicious of the common people, and looked at rebellions as back-ups to those ideas. A strong national government was key, he said. To do this, the US needed to have an economy centered on commerce and industry. Secondly, the two had great differing opinions on domestic policy. Thomas Jefferson wanted to pay off all debts as soon as possible, but not assume the state’s debts. Leaving the states the responsibility of eliminating the debt he thought was best. On the issue of the existing revolutionary war bonds, Jefferson believed in paying back the original owners, the people who funded winning the war (mostly the common people). A protective tariff, Jefferson thought, helped the South more than the North, and thought it was not just. The Secretary of the Treasury did not fancy a levy dubbed The Whiskey Tax. This tithe would have greatly affected the...
After the first War for Independence, The United States was approximately $52 million in debt. Due to having such bad financial problems, the United States created a national Bank to create one unified currency, to take away all state debts, and to issue loans to the people to promote growth. This National Bank was created by Alexander Hamilton who was a Federalist, and once Jefferson came to be the President, he continued the idea of the national bank because it was helping to reduce the national debt. The primary reason for the National Bank being a representation of a Federalist idea was because since it was issuing loans to people it was able to promote industrial growth which was one of the main goals of the Federalist party. From Jefferson continuing the use of the National Bank thru his presidency he demonstrates his need to continue a loose constructionist idea.
“[T]he man on the ten-dollar bill is the father of the American treasury system, a signer of the Constitution, one of the primary authors of the Federalist Papers, and the loser of the infamous duel with Vice President Aaron Burr. Alexander Hamilton's earlier career as a Continental Army officer is less well known. Yet Hamilton's first experience in public service is important, not only because it was the springboard to his later career, but because it also deeply influenced his values and thinking” (Hamilton).
Both Thomas Jefferson and Alexander Hamilton were prominent members of society during the era after the revolution. Yet while these two men came from similar backgrounds and both believed in liberty and independence, neither of the two men could stand each other. This was mainly due to the fact that the two men had radically different views on various subjects, and neither was willing to give up or alter their view. Alexander Hamilton, one of the most important people of the time, was the first Secretary of the Treasury. Utilising federal power to modernize the nation, he convinced Congress to use an elastic interpretation of the Constitution to pass laws that Jefferson deemed unconstitutional.