Topic > Alexander Hamilton's Political Achievements - 2127

He figured that if it were ever ratified, Washington would be the first president. “This…will ensure a wise choice of men to administer the government.” (Brookhiser 90) Well, he certainly wasn't wrong, and "One of the wisest choices Washington made, two years later, was to make Hamilton Secretary of the Treasury." (Brookhiser 90) Alexander Hamilton served as the first Secretary of the Treasury for five and a half years. During this period he accomplished many feats such as presenting to Congress "...a report on public credit which provided for the financing of the domestic and foreign debts of the United States, as well as the federal assumption of the revolutionary debts of the states."(Hamilton.org) His arguments for a more powerful central government were so strong that he managed to strike a deal with longtime critic Thomas Jefferson that included official support for Hamilton's plan. In fact, Alexander Hamilton is almost solely responsible for creating the credit of the entire United States. He founded the first-ever National Bank and published a report on it that laid out an ingenious, if complex, plan in which the U.S. government itself would borrow only to finance the construction of the bank. It was a success in the Senate and passed virtually unanimously, despite some criticism, maintaining Hamilton's respect and influence. While maintaining a position like his, Hamilton was elected a member of the American Academy of Arts and Sciences in 1791. He also founded the United States Mint with some help from European economists that he learned during the Revolutionary War. Hamilton also contributed some smaller political projects during this period, such as the Whiskey Rebellion of 1794 which ended before it began, many debates regarding the manufacturing industry and was also indirectly involved in the creation of the Coast.