Alexander Hamilton was born on January 11th, 1757 on the island of Nevis in the British West Indies. In 1766, Hamilton’s father had left St. Croix where he had moved the family and went back to Saint Kitts, leaving behind his wife and two sons. From that time a presbyterian clergyman gave Hamilton a basic education. At the time of his mother’s death, he had become an apprentice clerk in a mercantile establishment, where his proprietor became a benefactor to his education as he noticed Hamilton’s intelligence and ambition. In 1773, Alexander Hamilton had enrolled at King’s College, later to become Columbia College and University, yet was halted in his studies due to the revolution. As war had broke out, Hamilton had accepted artillery captaincy and battled in the principal campaigns of 1776-1777’s. Hamilton won the rank of Lieutenant Colonel and had …show more content…
At the time the country was facing enormous domestic and foreign debt due the Revolutionary War. Hamilton’s view was always to strengthen the central government but many loyalists opposed his ideas saying government should not hold so much power. Among Hamilton’s suggestions were repayments of war debt and a federal tax proposal. On June 20, 1790 Hamilton and Madison reached an amicable agreement that the capital would be moved near the Potomac and Madison would no longer block Congress in an attempt to strengthen a more central government over individual states’ rights. In 1795, Hamilton stepped down from his position as Secretary of Treasurer. However, he had many successes and left knowing America was in a stronger economic position and forming a more stronger federal
Alexander Hamilton was the most interesting figure in the American Revolution because he contributed many ideas that formed the America that we live in today. He was on on January 11, 1755. He started working at the age of 11 due to a rough childhood and history of father figures in his life. His mother was left twice by her husband and Alexanders’ father. They had no money and no other family so Alexander worked to support them both. His first job was working as a clerk in an accounting firm. His hard work inspired his boss and helped send him to get an education. When he was just 17, he wrote his first political article that sparked popularity for him. As the Revolutionary War started he enrolled and was made George Washington’s
Another thing that Hamilton had done was fight through the revolution as George Washington's right hand man and he was able to, after fighting, fund the nation's federal debt. The writer states “great achievement was funding the federal debt at face value, which rectified and nationalized the financial chaos inherited from the Revolution” (history.com Para. 5). We can tell that he fought through the war, risking his life to help America and eventually help America, even more, afterwards. After going through a tough life so far he was able to also become the nation's first Secretary of Treasury, which deals with the nation's debt and credit which he helped create. It states in the article “As secretary of the treasury” (history.com Para. 5). This just simply shows that he was able to become the Treasurer. Hamilton in total was a very good man, nevertheless, he had cheated on his wife and kinda caused the death of his son helped form America and is very awesome.
3. What was Hamilton’s plan for debt reconciliation? Hamilton suggested funding the debt by selling government bonds, and further proposed that state debts be assumed by the national government. Why was Madison opposed to it? Madison believed that Hamilton's plan "was betraying the ideas of the American Revolution."
Alexander Hamilton was born in Charlestown, Nevis, in the West Indies on January 11, 1757 (or 1755), to James Hamilton and Rachel
After the Revolutionary War the economy was not thriving. Paper money that had issued during the war was basically worthless, and there was a debt. These issues needed to be resolved and James Hamilton was the man whose hands this task fell on. Hamilton's plan was to retire old obligatuons and to borrow money at a lower interest rate. Hamilton proposed that teh government take all of the debt of the federal government and all the states. Many states that had already paid off their debts did not understand
Hamilton set sail to America in October of 1772. He landed in Boston, and a month later found his way to New York. He applied to Princeton University but was rejected, so he instead went to Kings College (now known as Columbia University). While studying part time at Columbia, he stayed with the Mulligan family. He never graduated from Columbia being that war had just begun and he felt the need to help. He first became a pamphleteer, someone who makes pamphlets and passes them out. Later on, he became a soldier.
Alexander Hamilton was born in Charlestown, the capital of Nevis in the British West Indies. There are disputes regarding his actual birth date. In the probate court papers from St. Croix, when his mother died, Hamilton was only 13 years old. This indicates 1755 as the year of his birth. However, throughout his life, Hamilton identified 1757 as his birth year. His early education consisted of
Alexander was born on January 11 in the year of either 1755 or 1757 (DeConde) and raised on an island in the West Indies known as Nevis. Here, he grew up with his older brother, James Hamilton. Hamilton’s father had left the family when Alexander was ten years old, (DeConde) and two years later, Alexander and James had to face the slow death of their mother, Rachel. Then, at age 17, a hurricane made its way through St. Croix 2. This catastrophic event inspired him to write an account of the storm. This piece was soon published in the colonies. Once leaders in his community realized his skills, they came together to raise a fund and send Alexander to New Jersey, in the hope that his future would brighten.
Alexander Hamilton was one of the most influential figures to shape American finances. He made his contribution through the The Hamiltonian Economic Program. The goal of his plan is to improve the American economy through three steps. The first is to pay off the nation’s national debt in order for states to focus on business. This way maximum profit can be achieved. The second step is to place tariffs on imported goods to gain money. Lastly is to create a national bank in order to regulate money flow and currency. However, Thomas Jefferson strongly disagreed with Alexander Hamilton’s views which was evidently seen in the political parties, the Democratic Republicans and the Federalists. One of the main differences between the two is regarding the type of government America would have. Hamilton favored a strong federal government while Jefferson favored a small local government.
Before the Revolutionary War had occurred, many people were coming to the new colonies to start a new life; one of the people was Alexander Hamilton. He had come to the colonies after impressing people in the Caribbean and who then sent him to America to get a better education (“Alexander Hamilton”). Hamilton was an important figure in American history, but very few today remember who he was and what he did. Alexander Hamilton took a stand against traditional government by writing against and battling the British, fighting for the new U.S. Treasury, and arguing for the ratification of the U.S. Constitution.
Hamilton also proposed to pay off the foriegn debt and to issue new bonds to replace the old bonds. One of the most significant things Hamilton did was propose the idea of a national bank that would be funded by the federal government and private investors, and that would also issue money and handle all government funds. During the XYZ affair, the Federalists prefered to fight the French than to pay or negotiate, as the Republican position confirmed. The Federalists also agreed with and helped pass such laws as the Naturalization Act, the Alien Act, and the Sedition Act.
although this plan work for the northern states the southern states wouldn't agreed with hamilton's plan because they said that since the nation's capitol was in new york the the northern states would have more influence over the government. Hamilton, jefferson, and madison meet and all came to an agreement to move the capitol to philadelphia to get the southern states to
Alexander Hamilton was most likely born on January 11, 1757, although the exact year of his birth is unknown. Hamilton was born on the Caribbean island of Nevis or St. Kitts to Rachel Fawcett and James Hamilton, but he spent the majority of his youth on the island of St. Croix. His formal education as a child was minimal. When his mother died in 1768, Hamilton took his
Alexander Hamilton was born on January 11, 1755 or 1757 (the exact date is unknown) in Charlestown, Nevis,
In the American nation, he developed love of regulation, efficiency and organization. Hamilton strongly showed that America must possess credit for the development of government operations, trade, industry and business activities. He stressed the importance of the central government to take over the debts of the state that were unpaid in the Revolutionary period (Scott, 2008). The central government was endorsed by the American Constitution to charge and collect taxes as well as pay liabilities (Robertson, 2005). Such operations can be professionally handled by a central bank. Therefore, Hamilton was characterized by thinking creatively and critically as he observed the potential of the trade industry’s immense power (Pancake, 1974).