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Alexander Hamilton
Alexander Hamilton was the first Secretary of the Treasury under President George Washington. In the Revolutionary War he fought alongside General Washington and served as his confidential aide. As the leader of the Federalist Party, he worked to create a strong central government for the new United States. He died in a duel with Aaron Burr.
1,086 Questions
What are the components for Hamilton financial plan?
The Hamilton financial plan, proposed by Alexander Hamilton, includes several key components: the establishment of a national bank to stabilize and improve the nation's credit, the federal assumption of state debts to ensure fiscal unity, and the implementation of tariffs and excise taxes to generate revenue. Additionally, Hamilton advocated for a sound currency and the promotion of industrial development to foster economic growth. These measures aimed to create a strong financial foundation for the fledgling United States.
Why did Alexander Hamilton agree to duel Aaron Burr if he purposely missed his shot?
The duel was part of the male honor code, a way of settling disputes or matters of great personal offense. Although some men shot to kill, others simply went through the motions as a ritual, then deliberately fired into the air or ground. This was considered an acceptable resolution.
Alexander Hamilton decided not to shoot Burr, and announced his intention in writing. Hamilton apparently fired first, hitting a tree above and behind Burr. It is not known whether Burr believed Hamilton intended to shoot him, or whether he simply took advantage of an opportunity, but the Vice-President aimed and hit his opponent in the abdomen.
Hamilton sustained damage to his liver and other internal organs; the shot also severed his spinal cord, paralyzing the lower half of his body. He died the next day, July 12, 1804. Aaron Burr was charged with murder in both New York and New Jersey, but neither state carried through with prosecution.
US President Theodore Roosevelt may have been the first president to explain bluntly why the Federalist ideas of Alexander Hamilton were now the narrative on how US democracy and the Federal governments role began to lean away from decentralization.Roosevelt stated that Hamiltonian means or methods had been necessary to achieve Jeffersonian ideals. Roosevelt believed that only strong national policy was the most efficient method to correct US injustices.
With that said, it became easier for more and more power to be focused on the executive branch of government. Perhaps Woodrow Wilson was the last president to bend to the wishes of a strong US Congress.
What type of economy did Alexander hamilton want to develop?
Novanet: Industrial and commerical.
Industrial and commercial
It is Alexander Hamilton's plan for the US Constitution that advocated eliminating state sovereignty and consolidating the states into a single nation. The plan featured a bicameral legislature, the lower house elected by the people for three years. The upper house would be elected by electors chosen by the people and would serve for life.
What are three important things that Alexander Hamilton did?
Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.
Did Alexander Hamilton have a pessimistic view of human nature?
Yes, it is believed by many that it had to do with his father abandoning him during his childhood
How did Alexander Hamilton's cousin commit suicide?
He either stabbed himself to death or shot himself, but nobody is entirely sure as this was all that the historical documents said.
What did Alexander Hamilton believed that the US needed?
A stronger central government with the power to actively support merchants.
He also wanted the US to respect the debts it had incurred.
The Constitution did not specifically grant the government the power to create the bank.
What happened when there was an excise tax on whiskey?
In 1790, the new United States government was trying to establish itself. Because the Revolution had caused the U.S. to sink into a great debt, during the 1791 winter session of Congress, both houses approved a bill that put an excise tax on whiskey. Alexander Hamilton, the US Secretary of Treasury, came up with the bill to prevent the national debt from growing. However, protests soon arose from all districts, especially in the western counties of Pennsylvania.
This is because acceptance of the excise tax varied with the production of different counties. Large producers, who made whiskey as a business venture, were more likely to accept the tax, because they could make a yearly tax payment of six cents per gallon. However, smaller producers, who only made whiskey on occasion, now had to make nine-cents-per-gallon payments throughout the entire year. Though large producers could lower the cost of the tax if they produced even larger quantities, smaller producers were penalized.
These smaller producers were usually in the western counties, and these westerners absolutely hated the tax. Frontier farmers disliked it because they were forced to pay up front in cash, something culturally unheard of on the western frontier. In addition, because of the great effort needed to transport products over the mountains to Eastern markets, farmers thought it would be more cost efficient to transport the whiskey of their grain rather than the grain itself.
Every state south of New York had western counties that protested the new excise tax with violence. Not only were people upset about paying the tax, but the westerners also felt that the revenues from the tax would support a national government that didn't care about western interests. As a result, most refused to pay it, and excise officers were run out of counties by threats, tarring, feathering, torture, and other methods of humiliation.
As a result of this unrest, the WHISKEY REBELLION of 1794 occured throughout the western frontier, with western Pennsylvania residents playing the biggest role. The violent reaction led President George Washington to send 12,950 miltia men to suppress the rebels. Not only did western PA threaten tax collectors, they actually carried out their threats, with a furious crowd mobbing collector John Neville's house in Washington County. The mob shot both Neville and his slaves and proceeded to burn down his house.
To placate the rebels, Congress decided to hear the demands of the west. Each county was asked to choose between 3-5 representatives and bring their demands to the assembly. Hugh Henry Brackenridge and Albert Gallatin were he main moderators of these meetings and prevented the rebels from taking over during heated arguments. The Whiskey Rebellion is significant because it represented an assault against the federal government.
Did Alexander Hamilton have black kids from slave?
He had 8 kids:
- Philip Hamilton -- January 22, 1782 - November 24, 1801
- Angelica Hamilton -- September 25, 1784 - February 6, 1857
- Alexander Hamilton Jr. -- May 16, 1786 - August 2, 1875
- James Alexander Hamilton -- April 14, 1788 - September 24, 1878
- John Church Hamilton -- August 22, 1792 − July 25, 1882
- William S. Hamilton -- August 4, 1797 - October 9, 1850
- Eliza Hamilton Holly -- November 20, 1799 - October 17, 1859
- Philip Hamilton (the second) -- June 1 (or 2), 1802 - July 9, 1884
1.the federal principle of government.
2.U.S. History .a.advocacy of the federal system of government.
b.( initial capital letter ) the principles of the Federalist party.
Who shot vice president Alexander Hamilton?
Vice-President Aaron Burr shot Alexander Hamilton in a duel in Weehawken, New Jersey, on July 11, 1804. Hamilton was the first Secretary of the Treasury until his resignation in 1795; he was never Vice-President or President. He was a private-practice lawyer at the time of his death (July 12).
Would Hamilton have had conflicts with Jefferson base on background?
Yes; Hamilton came from a very poor background and Jefferson came from a rich background. This definitely would have affected their different views.
What way was Alexander Hamilton life admirable?
Hamilton did what he wanted and not what others wanted him to do. This didn't always work though. He was also in The Battle of Trenton and was General George Washington's assistant andadviser.
