Last Best Hope of Earth

Tag: First Bank of the United States

  • The Defeat of the Bonus Bill

    james_madison_by_chester_harding_1829_img_4295
    James Madison. By: Chester Harding.

    Following the War of 1812, President James Madison was proudly touting the status of America. It had mobilized its navy to protect trade in the Mediterranean Sea, it had reestablished commercial relations with Britain, and it had pacified the Native Americans. See Daniel Walker Howe, What Hath God Wrought: Transformation of America, 1815-1848, 80.

    (more…)

  • Alexander Hamilton’s Plan for Success

    Portrait of Alexander Hamilton
    Alexander Hamilton in 1792. By: John Trumbull.

    In 1790 and 1791, Alexander Hamilton, as Secretary of the Treasury, proposed the creation of a financial system in four reports, which covered the topics of a national bank, a mint, and manufactures. Gordon Wood, Revolutionary Characters: What Made the Founders Different, 133. (more…)