Should Alexander Hamilton be taken off the $10 bill in favor of a women? In my opinion I think Hamilton shouldn’t be taken off the bill because he served as George Washington’s most trusted aid during the war. Hamilton was also the head of the treasury. If it wasn’t for Hamilton, we wouldn’t have our money system we have today. As for Andrew Jackson the president on the $20 bill he should be taken off because he was known for his fierce opposition to the abolition and for his removal of the Native American from their ancestral lands.…
I don’t know why the people want to remove him from the 20 dollar bill but here are my reasons. Andrew Jackson should be removed from the 20 dollar bill because he passed the Indian Removal Act, ignored the Supreme Court ruling in Georgia v. Worcester, and caused the Panic of 1837.…
In 2001, Jim Kolbe (a member of the house of representatives) proposed a bill to congress to remove the penny from the American currency. Although this bill was rejected, there were many individuals who agreed with the it. Looking at the proposal from a logical point of view, it would make sense to remove the penny from the American currency as it becomes a nuisance to the common civilian and it costs more to make than it is worth. Wasting the time and pocket space of the common man, the American penny still holds strong as the smallest denomination of our currency system.…
There was many notable things that Adams had accomplished, but many conflicting factors too why he shouldn’t be on US currency. He was an over spoken opinionated bullhead, who was not highly honored by congress and went against his beliefs under high stress. Adams was great at not keeping his mouth shut and always talking. Some “wished he talked less” and “he himself wished he talked less” (McCullough 17). He thought he was always right, which sometimes affected him in making deals.…
What We Don't Know About The Man On The Twenty Secretary of the Treasury Jack Lew has announced that abolitionist Harriet Tubman will replace President Andrew Jackson on the $20 bill. And, while Jackson will still reportedly remain on the reverse side of the bill, the move is nonetheless a momentous one. Naturally there are many people who will complain about this decision, but since Tubman’s legacy leading slaves to freedom through the Underground Railroad is beyond reproach, these critics will most likely turn to defending Jackson. As a preemptive rebuttal to such arguments, here are the four reasons why Jackson needs to go.…
The Man on the Twenty Dollar Bill The past and its people are often romanticized. One such character of early American history that was romanticized was Andrew Jackson. Yet author James C. Curtis does not romanticize Jackson’s actual achievements, and also tells of his faults and flaws in his book Andrew Jackson and the Search for Vindication.…
The first coined money in the United States was introduced in 1793. The coinage included the half-dime, dime, quarter dollar, half dollar, cent, and half-cent. Since then, the value of these coins, like all other forms of monetary currency, has deteriorated due to inflation. One dollar in 1793 has the buying power of $24.39 in 2016, and one cent has the buying power of 24 cents. Never-ending inflation has deteriorated the value of these coins and caused them to have detrimental effects of the economy, rather than stimulate and facilitate the exchange of goods and services like they were intended to.…
“A penny for your thoughts…”: should one-cent currency stay in the United States? (“A Penny Saved is a Penny” K7469). Though lobbying against the penny has been occurring for years, legislation was formally presented to Congress fairly recently. Proposed in 2006, the COIN Act, which stands for “Currency Overhaul for an Industrious Nation,” would require sellers to round down to the nearest nickel for “sums ending in 1,2,6, or 7 cents” and up for “sums ending in 3,4,8, or 9 cents” (“Eliminating the Penny Debated.” 5). So long as the public is persuaded to comply, pennies should be phased out of the American Economy as soon as possible: historical precedents have already proved our readiness, and pennies are not a successful form of currency.…
Some say that Harriet Tubman should replace Andrew Jackson on the $20 bill, but some say he was too great to be removed. His accomplishments outweigh his cons, which is why it should be his honor to be on the $20 bill. Without him, America wouldn't be as large as what it is now, as there wouldn't have been much westward expansion. For one, Jackson was the only president to have his own era; The Jacksonian Era.…
His legacy is why the United States deviated from the coinage tradition in 1909 and made him the first real historical figure on a coin (Source F). Lincoln’s legacy is another reason why the penny should not be abolished; it needs to remain ever present in the publics’ lives as a testament to his service. Without Lincoln’s actions as president the United States might have turned out to be radically different in terms of equality and slavery. He held up a doctrine that faces many people today: all men are created equal. Through the current racial strife and multiple other issues the penny cannot be abolished because it serves as a hallmark of equality.…
This shows that he was a leader and that he was basically like a common man starting from the bottom and on his way to the top. He won the fight when he was outnumbered he deserves to be on the 20 dollar bill. Next Andrew Jackson deserves to be on the 20 dollar bill because he was the president of our nation. “Andrew Jackson was elected by popular vote; as President he sought to act as the direct representative of the common man”. this shows that he was elected as president and that he was going to make our nation a better place and in my opinion he did that.…
Andrew Jackson, like many other presidents is on an American bill. Some say that Jackson shouldn't be on the $20 bill. Jackson like many of the other presidents made mistakes, but without them leading our country the way they did it, today may be different. Many people think he should be removed from the bill because he was a democratic and he made mistakes. For we should remember him by his mistakes and how he fixed them.…
To help fund the Civil War $450 million worth “greenbacks” (dollar bills) were printed by the government. This caused an economic boom, but after the war most Americans agreed that greenbacks should be withdrawn from the nation’s currency in favor of gold and silver. There were three positions to be in on the currency situation. “Gold bugs” wanted gold as the standard currency for the nation. They believed Gold was “honest money” and greenbacks were a national dishonor.…
Since its institution as legal tender in 1797, the penny has begun to experience a surprising amount of opposition from Americans (Kahn). In the modern world, the penny has become almost obsolete; few American stores sell any product for a mere penny as it has become so devalued that it has little independent function. In fact, since 2005, individual pennies have cost more than one cent to produce, resulting in a net loss for the federal government. Ultimately, pennies have little practicality in the modern world and are of increasing consequence to the American economy.…
In the year 1787, the United States made a change regarding economics by introducing a one-cent coin, the penny (source B). As the first authorized currency of the nation, it had great purpose, as well as symbolism. It eventually grew to represent our sixteenth president, Abraham Lincoln, and all of his accomplishments (1909). Over the course of the past 231 years, a lot has changed. This includes how we view and use the penny in our everyday lives.…