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Alexander Hamilton, a portrait by William J. Weaver now housed in the U.S. Department of State. In United States history, the Hamiltonian economic program was the set of measures that were proposed by American Founding Father and first Secretary of the Treasury Alexander Hamilton in four notable reports and implemented by Congress during George Washington's first term.
The predominant reason that the Second Bank of the United States was chartered was that in the War of 1812, the U.S. experienced severe inflation and had difficulty in financing military operations. Subsequently, the credit and borrowing status of the United States was at its lowest level since its founding.
Tariffs in United States history; Protectionism in the United States; Friedrich List, German-American economist; Import substitution industrialization, a key feature of the American System adopted in much of the Third World during the twentieth century; Lincoln's expansion of the federal government's economic role
“The Relation of the United States Treasury to the Money Market.” American Economic Association Quarterly, vol. 9, no. 1, 1908, pp. 199–211. online; D. Kinley, The History, Organization, and Influence of the Independent Treasury of the United States (1893, repr. 1968) and The Independent Treasury of the United States (1910, repr. 1970);
[99]: 118–19, 146, 216–37, 285, 419, 554 In financial matters, the decentralizing ideology of the Democratic-Republicans meant they wanted the First Bank of the United States to expire in 1811, when its 20-year charter ran out. The bank's absence made the financing of the war much more difficult to handle, and it caused special problems in ...
The Compromise of 1790 was a compromise among Alexander Hamilton, Thomas Jefferson, and James Madison, where Hamilton won the decision for the national government to take over and pay the state debts, and Jefferson and Madison obtained the national capital, called the District of Columbia, for the South.
A Financial History of the United States. Armonk: M.E. Sharpe. ISBN 0-7656-0730-1. Marrs, Jim (2000). "Secrets of Money and the Federal Reserve System". Rule by Secrecy: The Hidden History that Connects the Trilateral Commission, the Freemasons, and the Great Pyramids. New York: HarperCollins. pp. 64– 78. Martin, Justin (2000).
With the failure to recharter the First Bank of the United States in 1811, [16] regulatory influence over state banks ceased. Credit-friendly Republicans—entrepreneurs, bankers, farmers—adapted laissez-faire financial principles to the precepts of Jeffersonian political libertarianism [17] —equating land speculation with "rugged individualism" [18] and the frontier spirit.