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This article explores the early lives and significant contributions of James Madison and Alexander Hamilton to the formation of the United States. It examines Hamilton's rise from humble beginnings in the West Indies to becoming the first Treasury Secretary, where he navigated economic challenges and established the Bank of the United States. The piece also highlights Madison’s role in drafting the Federalist Papers and his opposition to Hamilton's policies, culminating in the rivalry between the Federalists and Democratic-Republicans. Discover the ideologies that shaped a nation.
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& James Madison Alexander Hamilton And the Hamiltonian system
Alexander Hamilton – Early Life • Born an illegitimate son of a Scotsman and a French Huguenot in the West Indies • Became an apprentice at a counting house at age twelve, and left in charge of business by fifteen • At seventeen, had his writing published and entered King’s College a year later • Impressed General Washington with his bravery in the war and became a member of the General’s personal staff
Economic System Ideas • In 1789 became the first Treasury Secretary of the United States under Washington • Faced huge national debt • Proposed borrowing new money at lower interest, this was a huge success despite some states disagreeing • Proposed Bank of the United States • Opposed by many and eventually vetoed
Member of the Federalist Party and Early American Government • Wrote 51 of the 85 Federalist Papers • Founded Federalist Party • Included John Adams and John Jay
The end of the dispute between the Democratic-Republicans and Federalists
http://www.digitalhistory.uh.edu/database/article_display.cfm?HHID=6http://www.digitalhistory.uh.edu/database/article_display.cfm?HHID=6 • http://www.eyewitnesstohistory.com/duel.htm • http://law2.umkc.edu/faculty/projects/ftrials/burr/HamiltonBio.htm