Political Views Of Alexander Hamilton And Thomas Hamilton

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.

Political parties today started to form in the late 1600’s. In 1787, Hamilton and other leaders joined and called themselves the Federalist. The Federalist party is the party which is most qualified for the presidency because the Federalist want a central government, want to avoid foreign affairs, and also want a central banking system. First a strong central governments.

Hamilton’s economic policies were a plan of economic nationalism, in which Hamilton intended to solve the economic problems that had been destroying the United States since the American Revolution. He began with the Report on the Public Credit. The Report on the Public Credit was one of three major reports on economic

Compromises had to be made. The first party system was a model of government in which two national parties were competing for control of the presidency, the congress and the states. The Federalist Party leader was Alexander Hamilton. The Democratic-Republican Party leaders were Thomas Jefferson and James Madison, they were Anti-Federalists. The first party system lasted from 1796 until the early 1800s. (Norton, M.B. 2015)

Conflicting views and contrasting ideologies have always existed throughout the history of United States politics. Alexander Hamilton, who led Federalist Party, believed that a powerful central government was necessary while Thomas Jefferson, who led the Jeffersonian Republican Party, favored an agrarian nation with most of the power left to the states. Although Alexander Hamilton and Thomas Jefferson were similar in that they both harbored good intentions and tried to keep the best interests in mind for the future of the United States, their policies were drastically different. Without doubt, both of their contrasting ideas served a vital role in forming the government.

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.

In the 18th century, the fate of Americas political structure was uncertain. In George Washington's Farewell Address in 1796, the president advised that the creation of political parties sharpened by the spirit of retaliation, would inevitably cause long term mistreatment. Despite his words, two of his closest advisors, Alexander Hamilton and Thomas Jefferson, formed the gatherings that started the dual-party system in which the United States operates today.

     Alexander Hamilton, the Secretary of Treasury, proposed a plan that the federal government pay both the foreign and domestic debt acquired by the former central government and take over the states' war debts as well. Hamilton was a leader of the Federalists, those who envisioned a strong national government with centralized authority, a complex commercial economy and a proud standing in world affairs. He believed that a financially reliable and responsible government would improve

Early in the beginning of the United States of America, political parties began to form. After the Revolutionary war, the people disagreed on how the government should govern the country, and, in 1787 the first party was created. Following the federalist party, in 1797 the Republican party formed. The year before the formation the Republican party, the first president of the United States, George Washington resigned from office. Before he left office his issued a Farewell Address where he warned the country about political parties.

Hamilton was a Federalist who believed in a strong, central government with a national bank. He also wanted to make alliances with Britain (Davis 86).

Major sources/regions of support for Hamilton’s economic program is merchants, landowners, Northern states (especially New England). Views on the Constitution is centralized government power- to protect the nation and the people’s liberties. Views on popular participation is government should be led by elites who have both education and property. Economic Policy is favored Hamilton’s financial plan: management of the national debt. Views on foreign policy is favored peace and a strong commercial. This is how Hamilton’s economic program had progressed throughout the time. He had supported the Constitution which he is a federalist.

Developing a country and its principals comes with many debates, arguments, and many decisions to be made. In the end of the eighteenth century the Founding Fathers of the newly established America dealt with the difficulties of creating a country with strong political, social, and economic power. With the writing of the Articles of Confederation the country had now developed a national government, but was weak and ineffective. The top leaders of the country knew the flaws of the Articles and gathered together to rewrite the draft. When these decisions makers met in Philadelphia for the Convention the Constitution of the United States was written. This Constitution developed the foundation of the American governmental system. Along with

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.

In 1790, the United States had just recently broke free from the British crown and united under the cause of liberty. But in spite of this, Americans saw political rifts brought about by the rise of political parties. The rise of political parties in 1790 was caused by general distrust, disagreements on policies, and constitutional disagreements between the Federalist and Democratic-Republican parties, which were led by Alexander Hamilton and Thomas Jefferson, respectively.

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).