Alexander Hamilton Flashcards

1
Q

Where was Hamilton born?

What was unique about his birth?

A

The British Island of Nevis in the West Indies

His parents were not allowed to remarry and have kids, therefore his birth was illegitamite

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2
Q

What 7 things were a part of Hamilton’s economic plan?

A
  1. Pay of all state debts
  2. Pay back all nations
  3. Pay back war bonds
  4. Create a national bank
  5. Charge national taxes
  6. Impose a protective tariff (tax on foreign imports)
  7. The south should be given the new capital, Washington D.C.
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3
Q

How did the paying back of war bonds work in Hamilton’s plan?

A
  1. People had bought war bonds for a cheap price
  2. They would get the full price to sell it back to the government
  3. Hamilton’s favored the interests of the industrial north over the south
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4
Q

How did the debate go on whether or not there should be a national bank? How was it resolved?

A

— Hamilton - Yes - the constitution allows congress to make laws even if they are not written specifically in the Constitution (elastic clause)
Jefferson - No - If the constitution does not say it you cannot do it (strict interpretation)
Washington - Sided with Hamilton and a national bank was created

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5
Q

What was the whiskey rebellion?

A

— Washington and congress - Taxed whiskey and “luxury items”.
Whiskey farmers hated it.
— Whiskey Rebellion - Congress lowered the taxes. The whiskey farmers tarred and feathered tax collectors. Washington then sent out 13,000 troops to stop the rebellion. It worked!

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6
Q

What “political party” was Hamilton a part of?

A

Federalist

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7
Q

How did Alexander Hamilton die?

A

In a duel with Aaron Burr, his nemisis

He was shot and died the next day

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