Summary:
An analysis of John Steele Gordon's view towards Alexander Hamilton in his essay "Alexander Hamilton: The Founding Wizard." To Gordon, although Alexander was not an American president, he was a genius who still today deserves much recognition and respect. This is particularly true with regard to Hamilton's role in funding the outrageous Confederation debt, undertaking unpaid state debt, and creating a national bank to aid the new federal government in overcoming its financial difficulty.
After surviving the American Revolution and enduring the inadequacy of government under the Articles of Confederation, the United States needed a miracle to extricate itself out of a financial calamity. This infant government had to develop successful techniques in earning money to pull itself out of a 54-million-dollar debt and verily the new Treasury department had a critical role in doing so. Happily Appointed by President George Washington as Secretary of the Treasury, Alexander Hamilton, the hero of John Steele Gordon's essay "Alexander Hamilton: The Founding Wizard," enchanted America with his ingenious bewitchments that eventually helped the nation pull out of monetary distress. With much reverence, Mr. Gordon praised Alexander Hamilton, whom "Far more than Jefferson, Washington, Adams, and Madison, Hamilton was a nationalist." With a brilliant philosophy of controlling and correcting the citizens' self-interest for.....
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