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After the new Federal Constitution went into effect, those supporting it split between Thomas Jefferson and Alexander Hamilton. The ones who chose Hamilton, supported his economic plan. Hamilton’s plan for the nation included consolidating the state's’ debts under the federal government. He issued a report in which he proposed that the Federal government assume and fund all of the debts. He would then pay it by issuing new bonds at an interest rate of 4% payable over 20 years.
After the Revolutionary War, American politicians had to figure out how to run the new country. Alexander Hamilton and Thomas Jefferson were two politicians in the Early Republic Era who greatly contributed to the shaping of the United States. Jefferson, a Democratic-Republican, and Hamilton, a Federalist, disagreed about almost every one of each other’s core beliefs about what the country should look like. Although Hamilton’s view of the Constitution largely influenced the U.S., Jefferson’s ideal economy and belief in a strong state government shaped the Early Republic more.
Even though Hamilton wasn’t one of our presidents, he showed great leadership throughout his terms in the secretary of treasury, he practiced law after the wars, and he also showed leadership being one of our Founding Fathers (who were responsible winning our wars against England.) After Hamilton was drafted for the Constitutional Convention by New Year, Hamilton got to attend a meeting in Philadelphia. While Alexander was in Philadelphia he had little to no impact on the convention because he didn’t fully represent New York. Even though Hamilton didn’t represent the Federalist (who strongly opponents to sign the new constitution), Hamilton signed the new constitution as an individual. Then after Hamilton signed the for the new constitution, he got to write “at least two-thirds of the essays” that included some of the most important ones that would explain the powers of each of the branches.
A publicly funded debt contributed to national government stability. Previously, the treasury must not deal with Confederacy Era debt, although Hamilton suggested Congress to redeem fifty-five million dollars to foreign banks, soldiers, and contractors. The Republican ideology regarding debt was that America must pay it off and that states are responsible for their own actions. However, Hamilton’s response to the debt was to fund it, rather than paying it all off. He believed that debt is good, which was a contrast to the Republican ideology.
The topic I would be doing would be on/about Alexander Hamilton in regards to The Federalist Papers. This topic is significant, because it draws on the Founding Father whose writing influenced/shaped the composition of the Early American Republic, and has given rise to many institutions/developments that can be traced to this day. As quite a controversial and well-debated document, The Federalist Papers was designed as a series of essays used to defend the Constitution—upon which we still call upon today. The five sources that provide a basic foundation to begin the project are: “To Begin the World Anew” by Bernard Bailyn, “The Political Psychology of the Federalist” by Daniel Walker Howe, “Ethos in Law and History: Alexander Hamilton,
The United States is possibly the greatest nation in the world, but there is no greatness without hard work, dedication, sacrifice, and much more. Many have lost their lives in order to gain freedom from Great Britain and become an independent country. The foundation of America was a very challenging thing to do, there were many factors to consider, like the Government's roles and the rights of the people. Who were the people responsible for the creation of a democratic government today? Seven people known as the founding fathers of the United States were the key to forming a powerful country and government.
The United States was plagued with the economic instability following the American Revolution, so they devised multiple strategies to facilitate the situation. As well as deal with economic issues following the Revolutionary War with Great Britain, the US had to formulate methods to deal with all its foreign conflicts it had amassed. From 1787 to 1816, the United States initially struggled to deal with their economic debt due to taxation revolts by citizens who did not support the reforms, but was able to fix the issues through the use of Alexander Hamilton’s financial plan as well as deal with their foreign conflicts successfully through intelligent treaties. The United States attempts to solve their economic debts through taxation did
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 vs. Jefferson Visions to Reality Thomas Jefferson and Alexander Hamilton both had very defined visions of the scope and power of the new federal government, how they saw the future of the economic development, and what the United States society should become. In my opinion Alexander Hamilton had more of an impact on the United States during the 1820’s and on contemporary government when compared to Thomas Jefferson. His policies did not strictly work during that time and many of his ideas are still seen in today’s society. Jefferson’s views and ideas on/of the national bank, higher tariffs, debt assumption, The Federalist Party, and his support of the ratification of the Constitution are all reasons in why his policies and visions came closer to becoming a reality. Thomas Jefferson and Alexander Hamilton, molded the gatherings that provoked to the twofold party system under which the U.S. works today.
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
Tessa Nugent US History to 1877 Professor Gray 2/18/2018 Economic Genius After reading the Taking sides “The Hamiltonian Miracle” by John Steele Gordon. I have concluded that Alexander Hamilton is an economic genius of his time. According to John Steele Gordon, Hamilton’s knowledge of public finance helped him set a course for the American economy in a way that nobody else could.
There was many differences between Alexander Hamilton and Thomas Jefferson,they both had different ideas of how to run the country. Hamilton was a Federalist; he wanted the nation government to be strong , while Jefferson was a Democratic- Republic, he wanted the states to hold more power.(Competing Visions of Government: The Federalists vs. the Republicans) They both have different views in political issues and ideals for the country. Alexander Hamilton wanted a strong central government because he experienced the results of a weak central authority.(The Differences Between Hamilton & Jefferson's Views on Political Party Beliefs)On the other hand Thomas Jefferson wanted a weak central government because he thought that the threat of cruel
In this edition of the Federalist papers, Alexander Hamilton stresses over and over again the importance of unity between the states. Without unity, it seems as though our country will cease to exist as we know it. While Hamilton does not come right out and state, we need unity, he does make his point very clear. In using the Constitution as the perfect example of what the United States needed at the time, Hamilton manages to bring everything back to one central theme. We cannot have unity between the states if we do not introduce the Constitution.
Alexander Hamilton, one of the Founding Fathers of the United States, stands as a towering figure in American history, renowned for his multifaceted contributions as a statesman, economist, and the inaugural Secretary of the Treasury. His influence transcends mere historical significance, shaping the very foundations of the nation's governance and economic policies. Central to understanding Hamilton's impactful legacy is an exploration of his formative years, where adversity and resilience intertwined to mold his character and chart his path of leadership. Alexander Hamilton, a pivotal figure among the Founding Fathers of the United States, owes much of his enduring legacy to the tumultuous circumstances of his early life. Alexander Hamilton,
When it comes to Thomas Jefferson and Alexander Hamilton the main difference between the two was their political party. The basis of each of their political parties set the boundaries for their beliefs and their views as politicians. Both men were founding fathers of our country, and made a huge impact on history as we know it. Without these men, our country's government might not be what it is today. One of the only similarities of Jefferson and Hamilton was their want to diminish national debt.
