Alexander Hamilton
Alexander Hamiltonwas amongst the founding fathers of the United States of America. Alexander was one of the statesmen who promoted the U.S Constitution, and with that, he was a very strong influential interpreter in the history of United States of America. Alexander Hamilton was a famous political leader, and he was the founder of the national financial system. He was also the founder and leader of the FederalistParty of the United States of America. One of the great works in his life history was the foundation of the United States of America coast guards. Another major work in the field of journalism is the foundation of the "The New York Post" newspaper. In his life history in the United States of America one of the great roles was the appointment as a "Secretary of the Treasury, " and during his job, he was considered the main person for crafting and drawing the economic policies.
In the cabinet or administration of the George Washington, he was the sole person and considered the author of the economic policies. He also leads for the payment of the government debts in the responsibility of the federal government. He was also the founder of the national bank system, and he established a national bank to resolve the issues for the United States of America government debts. It was a great work considered on his part by establishing a tariff system and with that also developing or establishing a friendly relation with the Great Britain Government. He was a man with the vision of the strong central government and for the vigorous executive branch. He developed a strong commercial economy, and with that, he developed or established a national bank. He was a great reformer in American history in the field of manufacturing, and a plus point in his favor is also that he established a strong military. This great reform of the Alexander Hamilton was a great or difficult challenged for the James Madison and Thomas Jefferson as they have formed a competing political party against them(Alexander Hamilton).
Alexander Hamilton was also for developing or establishing a great power of army and navy for the United States of America. Alexander Hamilton was considered too much friendly for or towards policies of the Britain. His interest was too much in the field of the business and banking.
Importance for American History
Alexander Hamilton life history was too much interesting as he was a nothing and reached the top level in the history of USA. Alexander Hamilton was born in wedlock in Charlestown. He was the fourth son of the Grange Ayrshire's Laird Alexander Hamilton. After the death of his mother, he was an orphan and his father abandonment. After that Alexander Hamilton was taken by his older cousin and after some time he was taken by a wealthy merchant family. His talent and intelligence recognized Alexander Hamilton. Due to his talent and intelligence, a local wealthy man sponsored him for getting aneducation in New York, US. During his academic career Alexander Hamilton joinedthe "King's College," and after that,the college is converted into a Columbia University. After the end of the revolutionary war, through self-study, Alexander Hamilton prepared the law exams and passed the bar exam to practice law and get alicense for arguing the cases before the Supreme Court of New York State(Alexander Hamilton).
During the Revolutionary War
Due to war Alexander Hamilton College was closed and he started to participate in the revolutionary war, and his life passed through the following steps such as,
- v Early military career of the Alexander Hamilton
- v Congress of the Confederation and Alexander Hamilton
- v George Washington's staff and Alexander Hamilton
- v Return to New York
The graduation of the Hamilton was discontinuing due to the reason behind that the college was closeddue to the attack of the British occupation of the city, and Collegewas also closed. Alexander Hamilton was played a major role or part in this period of the American Revolutionary war, and that war was started in 1775. He left graduation study and joined a militia company. Alexander raised a provincial artillery company in 1776, and for that, he was appointed as a captain. Through his talent, abilities,andintelligence, soon he became the senior aid to the General Washington the Commander in Chief of the American Forces. Hamilton was assigned a very important duty for conveying the messages and plans to the other Generals of the American Forces(Hamilton).
After thewar in the life history of the Alexander Hamilton, a new period starts with the appointment from the New York City as arepresentative to the "American Congress of the Federation."Alexander resigned from that seat soon and started practicing law, and with that, he formed or founded a bank in American named as "Bank of New York."
Constitution and the Federalist Papers
One of the important roles of Alexander Hamilton in American history was that he was against or dissatisfied from the weak national federal government system. For that, he was in who emphasized that a strong federal government. He was the person who successfully argued for thestrong federal government. Alexander Hamilton has strong arguments on the following points,
- v Ratification of the Constitution and Constitutional Convention
- v Reconciliation between Vermont and New York
- v The Federalist Papers
In 1787 Alexander Hamilton served from the New Yorkas the assemblyman, and he was chosen for the constitutional convention. Governor George Clinton appointed two new persons who opposed the ideas of the strong Federation of America. Alexander Hamilton viewed about the president for life and elected the James Madison opposed President, senators for life service and said Alexander Hamilton as asympathizer of the monarchists(Alexander DeConde).
With that James Madison and Alexander Hamilton wrote a series of articles for defending the proposed Constitution. He wrote nearly 51 to 85 essays on that topic. These papers are known as "The Federalist Papers."Alexander Hamilton supervised all the papers and the entire project. In this journal, he wrote essays on the branches of the government, therole of the executives, the role of the judiciary branches, therole of the Senate, therole of the military and with that the taxation system in the American States.
In 1764 during the ruling period of the King George III, a dispute arose among the New Hampshire Statesand the New York State over the region. Later on, this regionbecomes a Vermont State. New York State at that time refused to recognize the claimed property by the New Hampshire State.
Secretary of the Treasury
George Washington, the President of United States of America,appointed Hamilton as the first "Secretary of the Treasury" of United States in September 1789 due to his talent and intelligence and his abilities in the field of economic. He worked for this office till 1795 and had made great efforts to becoming the great State in the world. He played a vital role in developing or establishing the economy of USA.The finical structure of the USA was worked in that period was very good and with the functioning of the cabinet. George Washington also requested the Hamilton to see the matters of the Treasury Department. Moreover, Hamilton was also electedas the Fellow of American Academy of Arts and Sciencein 1791, and during his service, he wrote many reports on the financial matters or reports to the Congress(Harper Lee).
Hamilton has developed the following kind of reports on the financial matters for the Congress, and the purpose was that too strong the federation system.
- v Public Credit's Report
- v National Bank's Report
- v Establishment of the U.S. Mint
- v Tax revenueof Whiskey
- v Revenue Cutter Service
- v Manufacturing industry
- v Parties' Emergence
- v Britain and Jay Treaty
Report on Public Credit
In 1790Hamilton made a report on the public credit, and theintentionof this report was to improve the system of the public credit. There is a risk of buying the government bonds due to the reason behind are that experts say that would never be redeemed. In this report,Hamilton divided the debts on the national level and the States level. On the end of the report, Hamilton says that the debt should be eliminated by utilizing sinking funds.
Report on National Bank
Hamilton report was a first report considered on the public credit, and with that, this report is from the National Bank. From the theories of the Adam Smith, he formed the idea of the National Bank in 1779. He learned an experience from the studies of the Bank of England and with that the blunder of North America's Bank. He also has experience in the establishment of the Bank from his own personal "Bank of New York."Hamilton gives an idea to start with National Bank with the worth of capitalization of $10 million, and for that, he gets aloan and with the private partnership. The Senate passed the bill, and finally, after the opposition of different persons and executives, the bill was signed by the President George Washington.
Establishment of US Mint
From the studies of the European economist, he came on this with a report in 1791 for the establishment of the Mint in the USA. In the House of Representative, the idea was proposed or presented. In 1792, Hamilton idea was adopted by the Congress and in the result of this Coinage Act of 1772 comes in being and with that US Mint established. Firstly in 1795, the coins of the silver and gold were issued by the Mint.
Some other efforts of the life of the Hamilton for the progress and development of the US Federal strong government are such as,
- v Presidential election of 1796
- v Quasi-War
- v The scandal of Reynolds affair
- v Presidential election of 1800
- v On slavery
- v On economics
- v In popular culture
Hamilton was a great person in the history of America. From nothing, he became a hero in US history, and he remembered in US history for a long time due to his work.