How Did Hamilton Affect The Economy

Alexander Hamilton has taken part in many things , he was killed in a duel because of supporting Jefferson instead of Aaron Burr . He didn’t like the “rough draft “ of the constitution so he redid some parts of it ( i’m not sure what part(s) ) . Hamilton helped with dealing with the money in all of the banks and he also was the first secretary of treasury .

Hamilton married a young lady by the name of Elizabeth Schuyler; she was the daughter of a general. This put Alexander Hamilton in the middle of New York’s politics. In 1782, Hamilton was elected to the Continental Congress. As Alexander Hamilton’s political career began to get under way, things seem to be going as planned. He played a major role in the constitution. He was one of America's first Constitutional lawyers, and wrote most of the Federalist Papers, a primary source for Constitutional interpretation. He was perhaps the best lawyer in America at the time of his death and his views were remarkably consistent and coherent. He also had a clear vision of the new nation and believed that it could learn much from British economic policy and governmental practice.

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.

George Washington had recognized Hamilton’s leadership abilities and promoted him as Lieutenant Colonel. He was also an innovator of military design, where he designed reports on the defects and how there could be improvement in the military. While Hamilton was working as an adviser for Washington, Hamilton had come to realize the Congress' weaknesses, including jealousy between states, which he believed came from the Articles of Confederation (http://www.ushistory.org/). In 1782, Hamilton was convinced that establishing a strong central government was the key to achieving America’s independence.

Did Alexander Hamilton play as important a role in our founding as history portrays? This short paper on Alexander Hamilton will outline his importance in the journey of the United States of America to become a free country and will also show the various ways he made this country successful by pioneering the formation of the American government.

During George Washington’s presidency of our new nation, there was a large disagreement between his Secretary of Treasury, Alexander Hamilton and his Secretary of State, Thomas Jefferson on several economic and political challenges.To get the nation out of extreme debt, Hamilton came up with a financial plan that included the creation of a national bank. This national bank would be a safe place to deposit government funds, a source of loans for the government and businesses, and the creation of a national mint. However, Jefferson was strongly opposed to the idea of a national bank, he believed it was strictly against the Constitution and would give the federal government too much power. Hamilton argued that Article I Section 8 of the Constitution

During the Revolutionary War, he served as General Washington’s right hand man, writing Congress for supplies and convincing more people to help with the war effort. At the time he was only twenty-two. After the war he went back to New York and practiced law, quickly rising in status and influence. As it was decided that this country could not be sustained under the Articles of Confederation, the Continental Congress was formed, to which Hamilton was elected the New York junior delegate. “In 1786 he played the leading role in the convention at Annapolis, which prepared the way for the great Constitutional Convention that met at Philadelphia in 1787” (Rodger). His ideas and words were powerful among the framers of the Constitution. Even after the Constitution was written people were not sure if this document truly created the government they wanted. Without Hamilton’s brilliant turn of phrase, the US Constitution as we know it may never have been ratified. Hamilton led James Madison and John Jay in writing the Federalist papers defending the document to the public, writing fifty-one of the eighty-five essays himself. “He [was also] leader of the Federalist Party until his death,” a party that was created to form the style of government that still rules this country today; a system

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.

Few Americans are aware of the profound impact Alexander Hamilton had on our nation’s development with his creation of multiple, important institutions. Hamilton, a true Founding Father of our nation, is primarily accountable for the design and establishment of Federal institutions, especially for the financial system which helped form the states into a nation. These creations of his helped put this nation on its path toward an industrial economy. Hamilton wanted a manufacturing economy founded on financial principles. He played a key role in shaping President George Washington’s foreign policy based on American self-interest.

Hamilton is a fascinating character whose ambition fueled tremendous success as a self-made man. He had many major regions of support for help. He had merchants, land owners, and Northern states and the main northern state was New England. He had many views on the constitution. This also included the powers of the national and state governments. He centralized government power to protect the nation and the peoples liberties. Hamilton also implied powers and strong government. He also lost the interpretation of the constitution. Hamilton had many views on popular participation in government. He thought that government should be led by elites who have both education and property. He had views on economic policy with debt, taxation, and the central bank. Hamilton had management over the national debt. He also had tariffs and excise taxes to provide revenue creation of the first Bank of the United States.

Alexander Hamilton was one of the founding fathers of the United States. Hamilton originally arrived in New York in 1773, having been sent there for an education. These early days helped shaped Hamilton’s political views as he was drawn less towards his studies and more towards politics. At the time he arrived in New York, the American Colonies were on the brink of a revolution. His main political and economic goals centered on having a strong central government. Hamilton used both writing and political sway to attempt to achieve this goal.

Alexander Hamilton, though, worked for a more complex economic system. He planned out a national debt, public credit, a national bank and a plan to pay off the debts the nation had accrued. He advocated to accept the old debts of the Articles of Confederation, war debts, and state debts under his economic policy because it gives the government some legitimacy, and it allows for the government to obtain credit from other countries easily.

Although Hamilton attended most of the proceedings at the 1787 Philadelphia Convention, he did not actually participate much in the drafting of the new document. Hamilton argued that a new and stronger central government was needed to correct the mistakes made in the government outlined in the Articles of Confederation, but

Alexander Hamilton, recognized as one of the Founding Fathers of our country, had a great impact on the wars and political issues of his time. He presented himself as a well respected man and proved himself worthy of the tasks he was given. He impressed many people and played a substantial part in influencing where America stands today. Although his early childhood circumstances were difficult, putting him at a disadvantage, Alexander proved himself capable of achieving success all on his own, without the need of others’ assistance or provision. His efforts ultimately played a significant role in the founding of America.