Alexander Hamilton's Opinion In Politics

Improved Essays
A man once stated, “I never consider a difference of opinion in politics, in religion, or in philosophy, as cause for withdrawing from a friend. Over the centuries there has been great controversy and conflict in relations to politics and policies found within the government. However, these days people have strayed from the idea that disagreements do not have to result in the loss of mutual respect and friendship. Although Thomas Jefferson held true to his statement, he did have one strong opponent in the political realm with Alexander Hamilton, that caused the first two political parties to be established in the Western World. The Federalist party, led by Alexander Hamilton, represented urban commercial interests of seaports; whereas the …show more content…
He believed that, “The national debt should be kept permanent for the sake of a healthy economy for the nation and that such debt must be paid off by the government to the party in current possession of the certificate at the time.” In addition, Hamilton desired a government that would be capable of creating public credit to assure the growth of industrial development, commercial activity, a stable currency, and gain the support of the people. Alexander Hamilton achieved his mission of establishing a stable currency by founding the first national bank. Also, he sponsored a national mint, and supported the idea of tariffs to protect and foster the development of competitive national industries. While Hamilton attributed new profound ideas to the political world, he also brought to the public life a love for efficiency, organization, and structure. He stressed the importance of the need for the support of his fellow citizens and urged many politicians to consider what policies agreed with what the people wanted in the government at the time. Without Hamilton’s political views and public policies, the nation would have suffered in finding a solid foundation for currency and

Related Documents

  • Improved Essays

    Thanks to Jefferson’s secret dinner Madison and Hamilton managed to make a compromise that placed the capital on the Potomac, but more importantly caused the approval of Hamilton’s financial plan. As the first financial plan of the United States it made great strides in improving the country’s financial…

    • 990 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    It was the end of the American Revolution and two political philosophies dominated American politics. The founders of this were Thomas Jefferson and Alexander Hamilton. Alexander Hamilton believed in a strong central government while Thomas Jefferson believed in the states should be dominated by the political system. Hamilton and Jefferson had different ways of thinking. The two philosophies of government had grown farther apart.…

    • 152 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    Alexander Hamilton was the Secretary of treasury from 1789 to 1795; Hamilton had great foresight with his aspirations on how to solve the national debt. There were a few people that didn’t support Hamilton’s plans and some of his loudest opposers were James Madison who at one time was his protégé and fellow Congressman Thomas Jefferson. Alexander Hamilton was interested in raising revenue for the new federal government, he was a believer in capitalism and he was steadfast in his belief that he could help turn America into a power nation. One of the first and most logical was raising the tax on imports. After his success with raise in tariff, Hamilton presented to Congress an outline of programs that could help further bolster the government’s…

    • 580 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Alexander Hamilton's plan for the nation's debts were to have the government take all the debts of the government and states by being loaned more money at lower interest rates. One aspect that was controversial was that people claimed his plan was all a ploy to put revenue and profit into the hands of people who had purchased Revolutionary War bonds. This was because they could be purchased off the veterans for cheap and would have pay out. The elements of the foundation Hamilton laid can be found in the fact that the country still runs on investment, commerce, and…

    • 101 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Alexander Hamilton was an immigrant from the Caribbean, “a top aide to General George Washington” during the Revolutionary War, and the first ever “Secretary of the Treasury under President George Washington.” When he took his position as the Secretary of Treasury, he “inherited a bankrupt nation” with a tremendous war debt and a “shortage of sound currency and bank credit stifled commercial growth.” Hamilton saw the necessity of a solution if the newly formed nation was to prosper. Having already “received a crash course in international commerce as a clerk for a trading firm” in the Caribbean and he “read extensively on economics and finance” , he was proficient at forming a financial plan. He studied the “history of the Bank of North America, chartered by the Continental Congress in 1781”…

    • 603 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    As is today, unfortunatley a politiians general belief may conflict with what they "know" is the right thing to do in the situation. Take the Louisiana Purchase by Jefferson. We see earlier that unless the Constitution stated a power was specifically granted to the federal government, it would be transfered to the state. However, at this time, Jefferson as president, was altering treaties and ultimately buying land when he himself admitted it was unconstitutional in private. Jefferson believed in the land so much that he knew his contradiction would not be as powerful as the production of the newly acquired…

    • 602 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Alexander Hamilton wanted strict interpretation to the Constitution, it is to be obeyed as how it was written. There could be no other possible way or bend to the rules of what the founding fathers of this country established. Thomas Jefferson however did want there to be a sort of “what if” factor to the Constitution. Jefferson believed in loose interpretation. This thinking would lead to what is called “the elastic clause” in government where in the Constitution, the rules are in set motion, but there are times when it is bended due to a certain situation where something would be considered legal although the Constitution deemed it illegal to begin.…

    • 791 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    He contributed many ideas when it came to the creation of the national government. According to The American Pageant: 13th Edition, “Critics claimed Alexander Hamilton was invested in helping the United States as a country succeed more than the United States citizens in general.” Alexander Hamilton was indeed more concerned for the country as a whole than the citizens alone because he proposed plans without thinking about the citizens, he forced differences between the North and South, and he cared more about the U.S. reputation than the citizens…

    • 502 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Hamilton spent a majority of his life in America creating these political ideas which shaped him into more of a political theorist. He questioned government regulations and the way the government should function. One of his roles in politics included the constitutional convention which took place in Philadelphia in 1787. During one of the convention meetings, the delegates of America were discussing the ratification of the new United States Constitution. There were two warring sides of this debate: The Federalists and The Anti-Federalists.…

    • 1250 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Hamiltonians In The 1790s

    • 635 Words
    • 3 Pages

    They were anti-demos, and did not believe that the people were for the common good, believing that people needed to be vigilantly overseen. This group that followed the ideals of Alexander Hamilton, turned into one of two political parties: the…

    • 635 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    In American history, few ideological disagreements have been as important as the divide between Alexander Hamilton 's Federalist Party and Thomas Jefferson 's Democrat-Republicans. Both parties were led by brilliant men whose political arguments would lay the foundation for debates on the nature of government in America that are ever present in our national discourse. Hamilton thought America should drive ahead into the future as an industrial and mercantile powerhouse, whereas Thomas Jefferson felt that America 's greatness lied in the "yeoman farmer" and the agrarian traditions he represented. Both sought the best path forward for the young American nation and both would have a chance to put their theories to the test in their capacities as ministers in the Washington Administration…

    • 1504 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    According to Gordon, Hamilton is one of the most important figures in American history as he established the foundation for the economic power that America would become. In fact, “Historians and political scientists commonly credit Alexander Hamilton’s economic plans for revitalizing the American economy and providing the impetus for extended economic progress.” (489) Hamilton’s ideas quickly became central aspects of the modern capitalist economy that would continue to develop and flourish over time. In fact, Hamilton’s financial program was very successful as it led to the development of the New York Stock Exchange which is now the largest financial exchange in the world. Overall, Hamilton’s financial plan for the new government proved to be successful as his ideas were continually carried out even after his death.…

    • 1167 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    In the eleven years before the Constitution was created, the Founding Fathers learned that they needed a strong national government, where a handful of people held all the power and did what they thought was best for the people, justly ruling with total control. Before the Constitution, the national Congress “did not have the powers to levy and collect taxes, or regulate trade and commerce between the states” (Text, 54). This meant that the government had no source for the money it needed and no way of controlling the actions of the people. Alexander Hamilton believed that “the only way to fix the growing problems of the new nation was to implement a strong national government designed to protect property and civil liberties from the state…

    • 349 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Thomas Jefferson and Alexander Hamilton were two men who wanted change in the political party system. This is where the two new political parties were created, the Federalist party and the Democratic-Republicans. These two new forms of government brought new and different ideas on how to run a federal government. Most candidates of today still follow these ways of thinking, but their ideals are much less extreme, but also these ideas could be applied to some of the problems of today. Alexander Hamilton started his political career as an advisor to Washington during his presidency.…

    • 1013 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Washington’s first order of business was taking care of the large amount of debt that had amassed once the Revolutionary war was finally over. Alexander Hamilton the secretary of the treasury, proposed a financial plan that insisted on raising taxes and establishing a national bank that would “collect all tax revenue...…

    • 702 Words
    • 3 Pages
    Improved Essays