What did Alexander Hamilton say the states already had?
Alexander Hamilton had a plan to alleviate the tax burden on the northern states, who were lagging in their debt payments. Hamilton said the Southern states had already reduced their debt at great internal cost.
What principles of Hamilton are upheld by Republicans today?
Hamilton's principles that are still upheld by republicans today are governing by the first class/wealthy/educated (electing representatives to make decisions) and aiding/putting no limits on companies and corporations. He didnt believe the people deserved to rule because they are unsteady and could benefit too much from making decisions. Seeing as how the wealthy coulnt benefit as much and the were steady, they could rule. He believed in a fiscal economy based on corporations and finance so he didnt want the companies to be limited, as that would limit out economy.
I just had to answer this question for my APUSH1 class homework and this was the answer i got after reading the American Spirit vol. 1 and the American Pageant books.
How did Alexander Hamilton get the nation out of debt?
Alexander Hamilton implemented a plan to address the nation's debt in three main ways. First, he consolidated all of the states' debts into one national debt, increasing the federal government's creditworthiness. Second, he proposed the creation of a national bank to manage the country's finances and stabilize the economy. Lastly, Hamilton advocated for the imposition of tariffs and excise taxes to generate revenue and pay down the debt. Collectively, these actions played a pivotal role in getting the nation out of debt.
Did Alexander Hamilton want to tax foreign goods?
To pay off the Revolutionary War debt of $77 million, Hamilton largely utilized customs duties to pay off the debt plus the functioning of the Federal Government. (95 percent of revenues came from these duties on foreign goods).
There was no individual or business income taxes in those early years.
Why did Hamilton argue that the national government should pay the states wartime debts?
During Washington's first term as president there were two competing theories as to what sort of central government the US should have - a strong central government, or a weak one (but stronger than that under the Articles of Confederation). Hamilton favored a strong central government, and as part of this led the fight for "assumption" which was a big issue during Washington's first term. The idea was the national government would "assume" the debts the states had incurred in financing the war, and in return the states would cede to the national government all their claims to "western lands". There were many unfair aspects to this plan. Among these were that some states were "landlocked" and had no claims at all to any western land - states such as South Carolina, Delaware, and New Jersey. These states would thus be giving up nothing in return for the national government paying their war debts. Other states had large claims to western lands, such as North Carolina, which under its colonial charter extended all the way across the continent to the Pacific Ocean. Another was that some states, such as Virginia (which had extensive claims to western lands) had already taxed their people and paid almost all of their war debts, while others (such as New York) had done almost nothing to pay off their wartime indebtedness. So under Hamilton's plan the people of Virginia, already taxed once by the state to pay their own debts, would now be taxed again by the federal government to pay the debts of others who had not bothered to even try to pay their own obligations, and Virginia would also have to give up her claims to western lands in return for not just practically nothing, but in return for this right to be taxed again and pay the debts of others. Some states, which had no claim to western land and had done nothing to pay their own debts, were very much in favor of Hamilton's plan, since they would give up nothing and everyone else would have to help pay the debts about which they had done nothing. Others, situated more as Virginia was, were very much opposed. The debate over this issue was among the most serious of the early Constitutional period. In the end, Hamilton had his way and all the states had to cede to the national government their claims to western lands, in return for federal assumption of any remaining war debt.
Why did Alexander Hamilton that the British Constitution was the best model the world has produced?
NovaNet: It balanced monarchy with republicanism
Was alexander hamilton's mother black?
they say its possible but it based off claims from his enemies
What were Alexander Hamilton's views on a Bank of the United States?
Alexander Hamilton created the idea of having a National Bank for the United States in order to try to pay off much of the National debt that had occured from the Revolutionary War. He thought that it would be benefitial because it would serve as a common place for the states and Treasury to place their money. With it, they would all have the same form of currency as well.
How old was Alexander Hamilton Stephens at death?
Alexander Hamilton Stephens was born on February 11, 1812 and died on March 4, 1883. Alexander Hamilton Stephens would have been 71 years old at the time of death or 203 years old today.
Why did Hamilton believe it was important to pay back the debt owed to bond holders?
He thought it was the only way to convince people that the government would honor its obligations.
What were Alexander Hamilton's views on the Judicial Branch?
Hamilton saw the judicial branch as the "least dangerous" because it had no effect on either "the sword or the purse". basically, he saw it as a mere interpreter of laws with no real influence over anything that could be a potential threat to the country.
What year did Aaron Burr and Alexander Hamilton duel?
they never battled, Burr battled against Alexander Hamilton in 1804 though
What did Alexander hamilton do to win the support for his plan from the southern leaders?
In exchange for Southern votes, promised to support locating the national capital on the banks of the Potomac River, the border between the two southern states, Virginia and Maryland.
What is Hamilton's contributions to the creation of the constitution before the convention?
After an attempt to get the states to meet in Annapolis, Maryland in 1786, to try and work out problems dealing with fishing right and boundaries along the Chesapeake failed, Alexander Hamilton suggested another meeting be held. This time he suggested a central location, Philadelphia, and he suggested that the delegates should be prepared to discuss "defects in the System of the Federal Government." In other words, he was suggesting they get together to change the Articles of Confederation, since it was not proving to be an effective national government. Hamilton had always been in favor of a strong national government, and the fact that he was one of the individuals calling for this meeting of all the states, started rumors in the states that Hamilton might be plotting something they might not agree with. Hence, the Convention that met in Philadelphia in May, 1787, was represented by delegates from 12 of the 13 states. Hamilton had been serving his nation during the war as aide-de-camp to Washington, and had taken part in many meetings and discussions dealing with the type of government the new nation should have. He was very conservative and favored a strong national government and was opposed to the concept of states' rights as favored by many, like Thomas Jefferson. He favored an active national government in the economic affairs of the nation, wanted the US to emerge as an industrial power as well as an agrarian nation, and, while favoring liberty, he did not believe that democracy and liberty went hand-in-hand. He distrusted the people and favored the least amount of public participation in government by the citizens as possible.
What was Alexander Hamiltons personal strength?
Alexander Hamilton had visionary ways of governing, and transforming ways to create the American political landscape. He believed in Democracy, for the people and to the people.
What did Alexander Hamilton help found?
He was the founder of the nation's financial system, the Federalist party, The United States Coast Guard and The New York Post newspaper
What kind of gun did Aaron Burr use to kill Alexander Hamilton?
Hamilton and Burr both agreed to use .56 caliber dueling pistols on that fateful day.
Was Alexander Hamilton in military service?
Yes. Alexander Hamilton served with George Washington and was George's personal secretary for a few years during the War of Independence. This makes him involved in the military.
Who suggested that a meeting be held in Philadelphia?
Alexander Hamilton suggested that another meeting to be held in Philadelphia.