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Alexander Hamilton - Essay Example

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Hamilton served as Secretary of Treasury during the Washington administration from September 1789 until January 1795. During his stint, hew was deemed to have significantly helped position the US under a sound economic regime. He presented a comprehensive financial program to the first Congress ("Columbia Electronic Encyclopedia"). To illustrate this point, his works such as the Report on Public Credit (1790) proposed to the federal government the redemption of confederation government securities and full payment of debt accumulated by the Continental Congress. As part of his financial program, this provision resolved and nationalized financial chaos inherited from the Revolution (Foner & Garraty).
Apart from this, Hamilton also generated the Report on Manufactures (1791), wherein he impelled the federal government to encourage manufactures and proposed protective laws including the imposition of tariff on imported manufactured goods and series of excise tax both for the purpose of preserving of home market and generating revenue for the government to pay its debt (Burt). ...Show more

Summary

Recognized as one of the Founding Fathers of the United States of America (US), Alexander Hamilton was a primary contributor to the drafting of the Constitution (Burt). He was born on January 11, 1757 in Nevis, British West Indies. Although orphaned and left destitute at the age of twelve, Hamilton went to the North American Colonies in 1771 where he pursued his studies at King's College ("Columbia Electronic Encyclopedia").
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