Alexander Hamilton
Hamilton books of choice
Greeks and Romans
Hamilton hero
Julius Caesar
Hamilton birth place
West Indies Island of Nevis
Hamilton later jobs
business man, writer, worked at the counting house
Hamilton and Jefferson
*Hamilton was a Federalist*, and *Jefferson was an Anti-Federalist*. *Hamilton wanted a centralized government focused on commerce and industry and allied with the British*, while *Jefferson supported a decentralized agrarian republic focused on strong foreign relations with France.* Their *conflict helped develop political parties.* People who supported Jefferson were mostly artisans, shopkeepers, frontier settlers, or small farm owners. People who supported Hamilton were mostly merchants, bankers, manufacturers, and wealthy farmers. *Hamilton believed that the nation had to industrialize in order to compete with other nations, while Jefferson was convinced that an agrarian (agricultural) republic was absolutely necessary to keep Americans free.*
Alexander Hamilton
1789-1795; First Secretary of the Treasury. He advocated creation of a national bank, assumption of state debts by the federal government, and a tariff system to pay off the national debt.
Federalist Papers
A collection of 85 articles written by Alexander Hamilton, John Jay, and James Madison under the name "Publius" to defend a New Constitution in detail.
Hamilton first job
Bookkeeping Clerk
Hamilton's Financial Plan
Designed to pay off the U.S.'s war debts and stabilize the economy, he believed that the United States should become a leading international commercial power. His programs included the creation of the National Bank, the establishment of the U.S.'s credit rate, increased tariffs, and an excise tax on whiskey. Also, he insisted that the federal government assume debts incurred by the states during the war.
Hamilton family
Eight kids with Betsy, loyal wife, supporting Hamilton throughout his life.
Hamilton Wife
Elizabeth Schuyler (Betsy) daughter of a wealthy family
Hamilton family situation
Father James H a poor merchant, Mother Rachel Faucett (a French-English) lived together but not married. she died young leaving the father to care for him and his brother.
First Political Parties
Federalist and Democratic-Republicans differed mainly on power of government. Hamilton was part of the federalist and Jefferson the Democratic-Republican
Hamilton and Washington
Federalists, They had many disagreements but Hamilton served under his command.
Hamilton on "The People"
Felt people needed more education, needed to be stronger
Hamilton and the National Bank
Funded by the government at 10 million dollars , managed by twenty-five governors. Develop a system of notes to serve as money and make the payment of taxes easier. Loans of money to help build American businesses.
Hamilton affairs
Had many affairs, but he maintained a very affectionate relationship with his wife and kids.
Hamilton foreshadowed his death
Hamilton did not agree with duel because of his son's experience and Hamilton did not feel useful anymore. Henry Adams described it as Hamilton allowed himself to be drawn into a duel but instead of killing Burr , he invited Burr to kill him.
Hamilton constitution
He felt it could be better, frail and worthless fabric. But he still signed it in hopes that he can make it stronger
Hamilton death
He was challenged to a duel at lWeehocken, New Jersey by Aaron Burr a politician who Hamilton was against. Hamilton fired in the air and Burr took advantage killing him.
Hamilton and Adams
Leaders of the Federalist Party, They both had different views. Adams wanted the individual states to have much more authority. Were Hamilton wanted the government to hold more power
Hamilton voting
Property owners
The Bank of the United States
Proposed by Alexander Hamilton as the basis of his economic plan. He proposed a powerful private institution, in which the government was the major stockholder. This would be a way to collect and amass the various taxes collected. It would also provide a strong and stable national currency. Jefferson vehemently opposed the bank; he thought it was un-constitutional. nevertheless, it was created. This issue brought about the issue of implied powers. It also helped start political parties, this being one of the major issues of the day.
Hamilton jobs
Receiver of taxes, New York Delegate, Secretary of the treasury . lawyer. Many did not agree with his ideas but many were adapted in the end. He was a great military man.
National Bank success
The bank succeeded in giving a broad interpretation of the constitution
Election of 1800, tie, Jefferson and Burr
The two Democratic-Republicans Thomas Jefferson and Aaron Burr defeated Federalist John Adams, but tied with each other. The final decision went the House of Representatives, where there was another tie. After a long series of ties in the House, Jefferson was finally chosen as president. Burr became vice-president. This led to the 12th Amendment, which requires the president and vice-president of the same party to run on the same ticket.
Hamilton helped influence people to vote for Jefferson?
True
central government
a form of government in which the national government has most of the power, while the states have little power Hamilton fully supported the Central government
Hamilton was able to go to school because
at first he self educated, later his friends raised money and sent him to school in the colonies ,
Hamilton ideal based on
empire of Japan, a mass of intelligent humanity, reckless of their lives yet filled with joy of life, eager for distinction , hungry for success , alert, practical and merry
Hamilton (Secretary of Treasury)
first task was 3 reports public credit, idea of a national bank, and one on manufactures.
Polictical Party
party helps president get elected, started by Hamilton