A Comparison Of Hamilton And Alexander Hamilton - 1149 Words

In early 1790, Alexander Hamilton presented an idea that initially established the National Bank. While Hamilton’s plan was the best solution to the financial difficulties the United States faced, it received a large amount of criticism. Thomas Jefferson vehemently objected to Hamilton’s proposal mainly regarding the constitutionality of the National Bank. In this paper, I argue that Alexander Hamilton’s proposal for the National Bank was better than Thomas Jefferson’s because it created a path to a self-sufficient economy, potential for a thriving economy, and expanded the interpretation of the Constitution. Alexander Hamilton was asked to formulate an idea so that America could depend less of foreign nations to import valuable goods,†¦show more content†¦The other issue to consider is it would leave the United States vulnerable to depend on other nations for supplies, specifically military equipment. Even other simple goods such as foods, spices , and clothing that could potentially all be at risk. Jefferson stated, â€Å"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools of the designs of ambition,† (Kramnick Lowi, 347). Even though he is making the argument that being reliant on anyone or anything other than oneself is frowned upon, the United States would be dependent upon foreign nations. If his statement was true, America would never be able to develop into a prosperous nation. The idea of an agrarian republic may sound like an ideal society but it would make America weak in comparison to Great Britain. Farmers are a key part to a successful economy, but there also needs to be accountants, businessmen, blacksmiths, and more which Alexander Hamilton suggested. If the United States followed along with Thomas Jefferson’s plan, it would have been disastrous for the economy and future of the country. One of Hamilton’s concerns for the United States was to preserve its public credit. In the â€Å"First Report of Public Credit† Hamilton wrote, â€Å"†¦to be able to borrow upon good terms, it is essential that the credit of a nation be well established,† (Kramnick Lowi, 298). He knew that in order for America to become a thriving nation, the country would need aShow MoreRelatedA Comparison Of Alexander Hamilton And Aaron Burr1156 Words   |  5 Pagesintellect and creativity into a creation. To demonstrate, Alexander Hamilton and Aaron Burr were praised for their talent and success. On the other hand, there was a distinct difference between the two men as one was merely talented in his craft and the other was a genius. Aaron Burr was a celebrated lawyer and a favored politician but did not create anything groundbreaking in his time (Chernow 677). On the other hand, Alexander Hamilton was not only a talented layer and policy maker; in fact, theRead MoreComparison Of Alexander Hamilton And Thomas Jefferson1213 Words   |  5 PagesAlexander Hamilton and Thomas Jefferson were key Founding Fathers of America who contributed to its freedom and independence. Both men were influential leaders of their time whose visions for the future of the country were clearly contrasting. Hamilton believed for a strong federal government and an economy based on banking. While Jefferson desired for a nation to be controlled by the states and its people. Their competing visions for the United States are still in debate until this day. AlthoughRead MoreWilliam Shakespeare s Macbeth 1457 Words   |  6 Pageseyes to Alexander Hamilton’s true character traits and it may also open my eyes to why Macbeth was motivated to do such heinous acts. Both Alexander Hamilton and Macbeth come from generally disturbing backgrounds. 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Hamilton’s financial plan began the emergence of an economically superior country and ended in the creation of political parties that wouldRead MoreAnalysis Of The Musical Hamilton : An America n Story1471 Words   |  6 PagesYour Obedient Servant is one of the last songs in the musical Hamilton: An American Story. This song is based off a set of interactions between the title character, Alexander Hamilton, and his antagonist, Aaron Burr. It follows the Song, Election of 1800, in which Hamilton openly supports Thomas Jefferson to become president instead of Burr after the electoral tie between the two candidates. The tension that has been growing throughout the entire musical has climaxed at that point and then the infamousRead MoreAnalysis Of Aaron Burr s The Duel With Alexander Hamilton 1697 Words   |  7 PagesDuel† with Alexander Hamilton. Not only was dueling illegal in 1804 in New Jersey, which is where the duel occurred, but Aaron Burr was the current Vice President of the United States of America taking part in an event that led to the death of Alexander Hamilton. Hamilton himself was one of the most powerful figures in the Federalist Party and was so w ell known within the party that his advocates believed that he emulated the political energy of George Washington, so the death of Hamilton was a shockRead MoreThe Power of Judicial Review1125 Words   |  5 Pagesindividual states and gave it to the federal government. When the Constitution was ratified, both Brutus (believed to be Robert Yates), and Alexander Hamilton were in a debate over the potential power of the federal government, and more specifically, the power of the Supreme Court in Federalist 78 and Brutus’ eleventh and twelfth letters. Alexander Hamilton supported the proposed system and expressed his belief that the judiciary did not have too much power by any means. Brutus was more concernedRead MoreIn The United States, Voters Have The Choice Between Republican1494 Words   |  6 Pagesabout much debate over how the government should be ran, how big it should be, and how officials would be elected. Through this political turmoil, many agree that two men had strong voices in how the government should be shaped, Founding Fathers Alexander Hamilton and Thomas Jefferson, and they, combined with the overall eventual setup of the government, are what led to the formation and sustaining of the two-party system that is present today. Studying the topic of the two-party system in America canRead MoreThe Articles Of Confederation And The United States1509 Words   |  7 PagesThe people were also being affected by the political and economic crisis; therefore this led them to be leery towards any type of change in government. The colonist’s fears were also justified due to the power of influential man, such as Madison, Hamilton, and Jefferson. These men had slightly different views than one another about how the government should be throughout the nation. Instead of seeing these men as those who had America’s best interest, they might of saw them as another king, whichRead MoreAnalysis Of The Musical Hamilton 1805 Words   |  8 PagesHamilton Essay The musical â€Å"Hamilton† is the most sought after musical in years. It is the first seen rap musical and it has received the most ‘Tony’ awards and nominations in Broadway history. Hamilton premiered off Broadway in 2015 and soon moved to Broadway to stun the world with it’s incredible everything, from plot to casting. For best albums, Hamilton was second ranked in Billboard magazine and has got endless supply of recognition for the ingenious play written by the phenomenal Lin Manual