Alexander Hamilton

business owners

hamilton propsed that the federal gov't assume payment of the debts contracted by the states during the revolution. to pay the combined state and federal debt, he devised a financial plan, which was that the nat'l gov't borrow money to be repaid over a long period. he advocated a nat'l bank to help administer the program, and submitted a variety of taxes to pay for it. as the gov't built financial reserves, it would depositthe money into the nat'l bank. then the bank would lend out providing capital for planters and businessmen. a substantial portion of the revenue is to be paid off the debt would come form high tarrifs on imported good, the tarrifs would protect new American industries from cheap foregin competition. objections to the plan was by the antifederalists, who thought that these actions would place power and control in the hands of the few wealthy merchants and businessmen

Not much to find on James, he was a capt on Gen Washington's staff. He had 6 children and died in Baltimore march 30th, 1835. His eldest son Alexander was involved in the "great runaway" of Lycoming County, PA and was killed by Indians while farming in 1871.

hope this helps!

a James Hamilton descendant

Hamilton was opposed by the antifederalists, who believed that the US would be better off with the states in power, not a strong central government. The antifederalists were led by Thomas Jefferson. Even though the antifederalists lost the argument, they greatly influenced the first 10 amendments in the US constitution, also known as the Bill of Rights.

** He attended the Annapolis Convention and drafted a report to get the Philadelphia Convention called. At the Philadelphia (Constitutional) Convention, he remained even when the other 2 delegates left, leaving him vote-less. When he saw that the debate for New York ratification would be bitter he devised the idea for the Federalist Papers, enlisted James Madison and John Jay (who fell sick), and wrote 50-51 essays. Federalist No. 78, one of his most famous, was cited in the Supreme Court decision Marbury v. Madison which established the process of judicial review, laid down in No. 78

** As the first Secretary of the Treasury, the national economy crisis fell to him. Luckily for the United States, Alexander Hamilton was brilliant (and I mean brilliant). He set up the entire United States economy and advocated for several measures that in the 1790s were horribly controversial. The National Bank, for one, which strengthened the national government and showed that the elastic clause was actually meant to be used. Another includes the Report on Manufactures, which called for a diversified economy centred in cities -- part of this came from watching Continental troops starve in the middle of farmland. By 1795 the national debt was paid off and the United States had good credit and a good national standing which came in helpful in foreign nations.

** He also set up the United States Mint. He knew traders and smugglers quite well from clerking in the Caribbean and that helped him to establish the Customs Service and the Coast Guard -- in 1962 we still used the protocols he wrote up.

** Lastly, his influence in the election of 1800 (which was a last effort to come on top) led to Jefferson's victory, which led to the Louisiana Purchase, not to mention his own death.

In short, Alexander Hamilton had an impact on the US in that he helped call the Constitutional Convention and get it ratified, came up with the Federalist Papers, writing 51 of them, set up the United States economic system, the US mint, the Coast Guard, and the Customs Service, and his influence in the election of 1800 led to Jefferson's victory.

Alexander Hamilton accomplished a number of things. The major accomplishments included submission of five reports in a period of two years.

Alexander Hamilton wanted a strong national government because he did not want mainly the power to be in the hands of the state or the people. He did not want to relive the past of when they were under control of the British.

Alexander Hamilton was born on January 11, 1755

Hamilton supported a national bank for several reasons including the fact it would be able to issue paper money. He also argued that it would provide a safe place for public funds, and would function as a fiscal agent for the national government.

Hamilton was a revolutionary war hero and leading architect of the new American government. He co-authored the Federalist Papers, considered one of the most important contributions to American political thought. As Washington's right-hand man and the first US Secretary of the Treasury, he formulated an economic policy that got the then-new nation on its feet.

Alexander Hamilton was a very important Founding Father and was the first secretary of the treasury. After endorsing Thomas Jefferson for president, Aaron but killed him in a duel. In 2015 a hip-hop musical about him, written by Lin Manuel Miranda opened off Broadway. The musical is now holding the title as the most Tony nominations and has and has impacted the world of music and theatre.

Alexander Hamilton was Secretary of Treasury when the first tariff was proposed and passed. Hamilton argued that it was very important for the new US government to have steady sources of revenue in order to pay its bills and establish good credit with other nations. Tariffs were easily collected and not an obvious tax to most people. The idea of protecting fledgling US industries was not a major reason for the first tariffs but may have had some benefit.

Hamilton was the Treasury Secretary under President George Washington during the 1790s. During this period, the United States government owed over 50 million dollars in debt, plus the combined states owed another 25 million dollars. Money that had been issued just a few years past was now worthless and foreign countries did not want to provide loans. Hamilton's duty was to fix this issue. Hamilton's first step was to consolidate the entire United States debt, both the federal and state amounts, under the federal government. Many states that had paid off their debts were upset by this, as it meant they would have to pay higher taxes to the federal government to help pay off the debt. These states came on board with the plan when Hamilton promised to make the nation's capital on the Potomac River. Hamilton's second step was even more controversial, as it was the creation of a national bank that could make loans to the government, collect taxes and hold government funds. Thomas Jefferson and James Madison were both vehemently against this proposal, mainly because the Constitution did not give Congress the power to create a bank. Hamilton put forth the idea of implied powers, which meant that Congress had the power to create a bank since it was necessary, which the Constitution gave them the right to do. The bank was created for a term of 20 years, with the first year starting in 1791. Hamilton's final step was to promote American goods and industries. Congress began to levy higher tariffs against foreign companies, especially British companies as they were the main foreigners with businesses in America. Hamilton also provided government subsidies to American manufacturers, and had the government finance transportation improvements to help move goods across the country. Hamilton's plan was the norm for the nation until the early 1800s, when Jefferson's plan that focuses on small producers began to take control.

Alexander Hamilton and his wife Elizabeth had eight children, including two named Phillip. The elder Philip, Hamilton's first child (born January 22, 1782), was killed in 1801 in a duel with George I. Eacker, whom he had publicly insulted in a Manhattan theater. The second Philip, Hamilton's last child, was born on June 2, 1802, right after the first Philip was killed. Their other children were Angelica, born September 25, 1784; Alexander, born May 16, 1796; James Alexander (April 14, 1788 - September 1878);[87] John Church, born August 22, 1792; William Stephen, born August 4, 1797; and Eliza, born November 26, 1799.

Alexander Hamilton played a key role in building the American government by serving on Washington's staff for the revolutionary war from 1777-1781. He was the first Secretary of Treasury and did much to put the federal government on a firm fiscal basis.

Are you talking about Alexander Hamilton, the man on the 10 dollar bill? He didn't want to govern anyone.

^^

That's not what this person was asking. He wanted the rich to be in charge of the government.

He was a "founding father" and the first Secretary of the Treasury. He worked to have a national banking system.

Hamilton was never President, though. He and Benjamin Franklin are the only two people pictured on current American paper money who never served as President.

Alexander Hamilton went to King's College (renamed Columbia)

The were at least 4 Financial System/Economic Plans submitted to Congress between January of 1790 and early 1794. The first was in establishing credit. Another on establishing a bank. Also Manufacturing initiatives to augment our agricultural society. The creation of the U.S. Mint and the coinage of money was another plan submitted. Three were approved, the Manufacturing was ahead of its time and essentially shelved for 30 to 40 years and then blazed the trail with ideas.

Hamilton saw the judicial branch as a mere interpreter of laws with no real power over policy. However, the power to interpret or in some cases reinterpret laws has proved to be rather influential. It has made major differences in US policy in past cases.

For more information, see Related Questions, below.

Yes, because he always wanted a good government and he voted for the strong cities, like New York.