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Alexander hamilton contributions to america
Alexander hamilton contributions to america
Essay on te history of alexander hamilton
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Washington’s administration was the part of his first leadership and management of the U.S government and they would be the people working with George Washington during his presidency. b) Precedents were, “acts or statements that became traditions to be followed,” and George Washington placed them to be followed by the administration so there would be order and it would set clear cut rules for the administration. c) The Cabinet was the most important precedent that Washington created. The Cabinet was a group of federal leaders who worked in specific departments of government that Washington assigned them to do.
Hamilton [then] crafted a monetary policy that undoubtedly saved the nation from ruin. Among the features of the Hamilton[‘s] plan w[as] the payment of federal war bonds, the assumption of state debts by the federal government, and the creation of a mechanism for collecting taxes.” Hamilton also very strongly pushed for the creation of a nation currency. According to ushistory.org Alexander Hamilton: “proposed a Bank of the United States… [Hamilton believed that] a central bank would help make the new nation’s economy dynamic through a more stable paper currency.”
Hamilton thought that we should have an economy where it is business-based and was full of cities. He wanted to use the government’s powers to promote business, manufacturing, and trade. His goal was to build lots of cities so more immigrants would want to move to the U.S. Also, Hamilton wanted to establish a national bank as well as a national currency. That way they didn’t have to go through what France went through in the French Revolution just because someone liked spending money.
George Washington was indispensable in launching the U.S government. Although many opposed his political views at the time, Washington's leadership capabilities were unquestionable after his victory in the American Revolution. Our victory over Great Britain would have been doubtful if not for Washington and his judgement. Before becoming president, Washington led in drafting the Constitution, which is the foundation of America. When he became president, Washington believed in unity and a strong central power.
There were many people who wanted to redo the Confederation's national debt/pay Hamilton insisted on a full payment and also a plan so that the federal government could take over the unpaid debts, that were due for the states which had happened in the Revolution. Hamilton also made sure that congressional legislation for the Bank for one of the United States was very secured. When the Bank of England acted as the nation's main institution it managed other branches in different parts of the country. Hamilton decided to sponsor a national print and argued in favor of tariffs, saying that protection of firms could be used to help keep the development of competitive national manufacturers. These measures took place of the credit for the federal government on a good foundation and gave it all the fixes and help it needed.
Specifically, Alexander Hamilton was focused on paying national debt that was incurred during the revolutionary war. Alexander Hamilton developed and was responsible for the first national bank of the United States, which was “designed to facilitate the establishment
President George Washington appointed Alexander Hamilton as the Treasury Secretary and Hamilton took it upon himself to develop an economic structure for the United States. Hamilton used a strategy of loose construction for the interpretation of the constitution.
Alexander Hamilton (2004) is a detailed true story of one of the most important figures in American history. It is based on Hamilton’s early life. As a politician, as a revolutionary war hero, and the first treasury secretary, Hamilton dedicated his life and intellect to unifying and strengthening the United States. Hamilton in truth did perhaps more than any other one person to secure the power of the American Union. Though he was never president, he was a hero deemed as a true founding father, title he kept till his death.
Hamilton had many accomplishments throughout his life, but none was more impactful than the execution of his financial plan. The country was in extreme debt when Hamilton proposed his plan to stabilize the economy. His
Alexander Hamilton was the first secretary and treasury during George Washington’s first years of presidency. Not only was he a secretary, and treasurer he was a federalist. Hamilton’s Financial Plan tied together with the Whiskey Rebellion. The government wanted the national government to pay off the war debts which later put Washington in debt. Most of the southerners had already paid off most of their debt, but the northern people felt the need that they did not need to.
Alexander Hamilton, the first Secretary of Treasury of the United States, had a lot going for himself being a man that came from poverty to success, and he was a man “all powerful and fails at nothing which he attempts” admitted a congressman in 1791 (Tindall and Shi). Born in the Caribbean in the West Indies, abandoned by his father and orphaned at the age of 13 by his late mother who had died. Later moved to New York, became a lawyer and transitioned to nationalism thus giving him the important role of handling the weight of the debt America had accumulated $54 million deep after the Revolutionary War (Digital History). Hamilton saw the need for some financial credit to be given to America and he had the right idea by proposing a National Bank to his first president George Washington. Word dispersed of that proposal leading a
In 1777, Hamilton had become George Washington’s assistant. In the year of 1788 he convinced New Yorkers to ratify the U.S Constitution. He then became the secretary if the treasury. He was a founding father, served in the military, studied law, was involved in politics and government. He is also on U.S currency (10-dollar bill) who was never a president.
Alexander Hamilton enjoyed politics so much that he wanted to extend his political life. He was the secretary of the treasury for six years 1789 to 1795. When he returned to Manhattan he was looked upon as one of the city’s most prestigious attorneys. Hamilton was still focused on creating a strong central government. In 1787 he arranged a meeting with other delegates to talk about ideas and trying to make attempts to fix the Articles of Confederation.
His deal to let the south (at the time), have claims to the capital but in return have his way with his new plans. The capital was to keep the economy prosperous on many levels. Since America was growing rapidly Hamilton was advised by the french prime minister to keep government bonds instead of statebond just to keep safe. This plan helped America majorly. I can’t be denied that Alexander Hamilton was an economic genius, he was indeed a man with a plan.
Each one had their own view of how to do this, but it was a main goal of both politicians. Alexander Hamilton was a founding father and leader of the Federalist party. Hamilton wanted America to be just like Great Britain. He believed that in the best interest for the country, the government should be run by elite people with lots of money. Hamilton was The United States Secretary of Treasury, during this time, and proposed many of his reform ideas to Congress.