Tuesday, March 17, 2020

Free Essays on Alexander Hamilton

Alexander Hamilton Alexander Hamilton began his impressive career in March of 1777 after meeting General George Washington. He joined Washington’s’ personal staff, as his personal secretary and confidential aide. Hamilton proved his loyalty to Washington on more then one occasion, but as the need for the military diminished so did Hamilton. On December 14, 1780, he married Elizabeth Schuyler and established a life with eight children. After studying law for three months in Albany he opened a law office on 57 Wall Street. He also served congress from 1782 to 1783. He also founded the bank of New York in February of 1784. During George Washington’s presidency, Hamilton became the first secretary of the Treasury. He was now responsible for establishing credit of the United States. Hamilton sometimes overstepped the limits of his office interfering with other departments. For example, a difference in opinion with Jefferson during the French Revolution. Hamilton advocated neutrality, wh ich Washington accepted and on April 22, 1793 announced that they would remain neutral during the conflict overseas. On January 31, 1795 Hamilton resigned from his position as the Secretary of Treasury and went back to his law firm in New York. On July 25, 1798 at the age of forty-three he returned to active duty in the military under the supervision of Washington. He served in the army until June 2, 1800. After Washington’s death the Federalist Party became divided between John Adams and Alexander Hamilton. After Adams became President Hamilton wrote a personal attack on the president that contained much confidential cabinet information. Although this pamphlet was only intended for private usage the pamphlet was obtained by Aaron Burr and published, Hamiltons’ political and legal rival. Hamilton had done a few things to make Burr upset with him, first he demolished burrs hopes of completing a foreign mission. He ended Burrs hopes of becoming pres... Free Essays on Alexander Hamilton Free Essays on Alexander Hamilton Alexander Hamilton was brilliant businessman who came into the Treasury department with many ideas on how to stabilize the struggling American economy. He was a thirty-four year old native of the West Indies, who was a crucial part of President Washington's cabinet. His ideas and philosophies helped to pave th4e way for the Bank of America and the Treasury. As one of his first acts as Secretary of Treasury, Hamilton was determined to reverse the financial problems that plagued the government and country under the recently revised Articles of Confederation. His plan involved favoring the wealthier members of society, who would in turn give money and moral support to the government. The government would then prosper and the benefits would be reaped by all. Hamilton was also dead set on sustaining the national credit. He needed the support of the masses in order to advance his economic plans. His plan of action in this case was "funding at par," which involved the federal government paying off its debts at face value, plus accumulated interest, which came to a total of fifty-four million dollars, a very substantial amount of money at that time. While still backing his national debt plans, Hamilton also suggested that Congress pay the debts of the individual states, equaling some twenty-one million dollars. This idea of "assumption" was believed by Hamilton to be an obligation of Congress because the debts occurred during the country's fight for independence. Hamilton also believed that paying off the State's debts would create more unity in among the States. With the government trying to pay both national, and local state debts, they shortly fell into a seventy-five million dollar overall debt. Hamilton did not see this as a problem, but more of an advantage to the growing American economy. His philosophy was that the more countries that America owed money, the more people who h... Free Essays on Alexander Hamilton Alexander Hamilton Alexander Hamilton began his impressive career in March of 1777 after meeting General George Washington. He joined Washington’s’ personal staff, as his personal secretary and confidential aide. Hamilton proved his loyalty to Washington on more then one occasion, but as the need for the military diminished so did Hamilton. On December 14, 1780, he married Elizabeth Schuyler and established a life with eight children. After studying law for three months in Albany he opened a law office on 57 Wall Street. He also served congress from 1782 to 1783. He also founded the bank of New York in February of 1784. During George Washington’s presidency, Hamilton became the first secretary of the Treasury. He was now responsible for establishing credit of the United States. Hamilton sometimes overstepped the limits of his office interfering with other departments. For example, a difference in opinion with Jefferson during the French Revolution. Hamilton advocated neutrality, w hich Washington accepted and on April 22, 1793 announced that they would remain neutral during the conflict overseas. On January 31, 1795 Hamilton resigned from his position as the Secretary of Treasury and went back to his law firm in New York. On July 25, 1798 at the age of forty-three he returned to active duty in the military under the supervision of Washington. He served in the army until June 2, 1800. After Washington’s death the Federalist Party became divided between John Adams and Alexander Hamilton. After Adams became President Hamilton wrote a personal attack on the president that contained much confidential cabinet information. Although this pamphlet was only intended for private usage the pamphlet was obtained by Aaron Burr and published, Hamiltons’ political and legal rival. Hamilton had done a few things to make Burr upset with him, first he demolished burrs hopes of completing a foreign mission. He ended Burrs hopes of becoming pres...