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• Compare And Contrast The Beliefs Of Hamilton And Jefferson

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He needed these leaders of society to support the new federal government. He thought that if the federal government assumed the debt from the states, that all of the creditors would feel that they had a direct financial stake in the survival of the new federal government. His plan was met with opposition from southerners. They blocked the assumption bill in Congress, and it appears to have no chance of passing. Thomas Jefferson was the Secretary of State and a very influential southerners who opposed the plan. Hamilton and Jefferson agreed to meet for dinner at Jefferson's house to talk out their differences. Jefferson also invite a key congressman and fellow Virginian, James Madison. At the end of the meeting, they were able to compromise. …show more content…

Hamilton controls the Customs Service, the Coast Guard, and appoints a vast network of men to collect import duties and taxes. He sees America as an undeveloped land with great potential. He sets out to reshape the country, to transform it into one of the great nations of the world. In a very short time, he puts a series of great proposals before Congress -- instituting a national currency, the dollar; establishing a national bank, the forerunner of the Federal Reserve. Hamilton's vision spurs the growth of the stock market, the engine of the country's future prosperity. He then proposes the radical idea that the government get directly involved in the development of large-scale industry. To his enemies, Hamilton seems …show more content…

Once again, Hamilton launches into a campaign against Burr. At a meeting of Federalists, Hamilton makes a speech declaring that he looks on Mr. Burr as a dangerous man, not to be trusted with the reigns of government. Hamilton continues to attack Burr in writing, and at political gatherings around the state. Burr is not happy with him and demands him to retract his latest insults or face him on a duel. Hamilton does not retract and no peace agreement was reached. Early morning, July 11, 1804. The duel takes place across the Hudson River, in Weehawken, New Jersey. Historians have different opinions of what happened that day. Some believed Hamilton intentionally shoot at the sky and others think he misses. What it is known is that Aaron Burr fatally wounded Alexander Hamilton in the duel. He died on July 12,

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