Brief biographies from American history, for the fifth and sixth grades : $b Required by the syllabus for elementary schools of New York State Education DepartmentTurpin, Edna Henry Lee
History
Brief biographies from American history, for the fifth and sixth grades : $b Required by the syllabus for elementary schools of New York State Education Department
Turpin, Edna Henry Lee
United States -- Biography
Hamilton was one of these delegates. He argued in favor of a strong
central government, ruled by a president, congress, and supreme court;
he thought that practically all power should be put in the hands of
the general government, and that the governors of states should be
appointed by it and should have veto power over state legislation.
To him an American state was a mere geographical division, like an
English county. Most of the people, however, clung to the independence
of the separate states, and there was heated discussion as to what
rights should be delegated to the general government and what should
be reserved by the states. At last a constitution was drawn up, in
favor of which Congress voted. It was decided that this constitution
should go into effect as soon as it should be ratified by nine states.
As yet the states “had given up none of their rights to the general
government.”
In order to present the views in favor of this constitution and to
secure its adoption, Hamilton, with some assistance from Madison and
Jay, published a series of eighty-five papers called “The Federalist.”
The constitution was adopted, and George Washington was elected first
President. When he formed his Cabinet he made Alexander Hamilton
Secretary of the Treasury. It was felt that this young man of
thirty-two could do more than any one else to establish the finances
of the country on a safe basis. He made a report “On the Public
Credit” which “laid the corner-stone of American finance under the
constitution.”
He insisted that the credit of the United States should be firmly
established and the United States should assume the war debt of
fifty-four million dollars; to secure the payment of this a national
bank was established. Hamilton suggested ways in which money might be
raised by taxing whiskey and imported articles and by the use of public
lands, the Northwest Territory ceded by Virginia, and the western
lands ceded by Maryland, New York, Massachusetts, Connecticut, South
Carolina, North Carolina, and Georgia.
After some opposition Hamilton’s plan was adopted and the finances of
the country were established on a safe basis. An insurrection called
the Whiskey Rebellion was raised in Pennsylvania by people who were
unwilling to pay the tax on liquor, and Hamilton went with troops who
suppressed it.
Jefferson and others argued that under this constitution the general
government had no power to establish a national bank. Hamilton brought
forward the view, which he was the first to advance, that Congress had
“implied” powers as well as “delegated” ones. One of his chief motives
in urging national banks was that he felt they would be a “powerful
cement of union,” uniting the business interests of the country in the
support of the government. It was Hamilton, then, who originated the
“protective tariff” and “national banks,” over which political parties
are still contending.
Public-domain text, read in full here on John Shaqi.
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