Info orbiting around Alexander Hamilton

[Bullfrog]

I was looking thru a website I found on economic history and found some stuff related to Alexander Hamilton I didn't know. It caught my eye because the author had a completely different opinion on Hamilton than any I had run across before. You will see what I mean with the title of the articles below. They are old articles but so is the subject matter, mostly. The author is Richard Scylla professor of economic history at NY Stern with a wall full of awards and certificates.

How Alexander Hamilton founded America (singlehanded) (http://premodeconhist.wordpress.com/2009/09/22/sylla-r-2008-how-alexander-hamilton-founded-america-alone/)

Another Great Depression? A 911 call to Hamilton might be the answer (http://w4.stern.nyu.edu/sternbusiness/spring_2009/greatDepression.html)

Some interesting things in there:
Like the Bank of the Unites States was formed in 1791 and the first speculative bubble popped in early 1792.

And I found some conflicts with the article and wikipedia, no great surprise there.
Article says
Several politicians opposed Hamilton on the ground that the BUS was nowhere authorized in the constitution. However, Hamilton countered this argument by underlining the fact that the constitution also left explicit power to the lawmakers to create new institutions, the BUS being one of them
Wiki says
successfully argued that the implied powers of the Constitution could be used to fund the national debt, assume state debts, and create the government-owned Bank of the United States.

Another point of contention that maybe ties into the civil war started 1790-1792.

southern gentry saw bonds and shares as artificial property which undermined its monopoly over “real” property (slaves and land

The last quote I am gonna pull:

Next, Hamilton in 1791 established the Bank of the United States as America’s central bank. For its time, the Bank was a gigantic corporation, with $10 million in capital, a fifth provided by the government and the rest by private investors, who controlled it in order to prevent Congress from having a money-creating machine.

The two articles and the wiki on Hamilton are interesting. I am not a historian so I can't speak to the accuracy in the articles, especially as I have already found one apparent conflict of info. I can't say that I am a fan of Hamilton or Scylla.

[Book]

http://upload.wikimedia.org/wikipedia/commons/b/b7/Hamilton-burr-duel.jpg

The Burr–Hamilton duel was a duel between two prominent American politicians, the former Secretary of the Treasury Alexander Hamilton and sitting Vice President Aaron Burr, on July 11, 1804.[1] At the Heights of Weehawken in New Jersey Burr shot and mortally wounded Hamilton. Hamilton was carried to the home of William Bayard on the Manhattan shore, where he died at 2:00 p.m. the next day.


Eliza Jumel (April 7, 1775 – July 16, 1865) was a New York socialite. Born Eliza Bowen in Providence, Rhode Island to Phebe Kelley Bowen, a prostitute. Early in life Eliza Jumel worked as a prostitute herself. She would later claim to have been born on the high seas to a French naval officer and his aristocratic English wife.[1]

She kept her past a secret when she met and married the wealthy French wine merchant Stephen Jumel in 1804.[2] Due to her low social standing, she was rejected by New York society. In 1810, they moved to what became known as the Morris-Jumel Mansion.[3]

In 1815, she traveled to Paris and became accepted as a Bonapartist sympathizer, going so far as to offer Napoleon safe passage to New York after his defeat at Waterloo, which he declined. Her opinions and actions in France proved too controversial, and in 1816, she was asked to leave the country by King Louis XVIII.[2]

After leaving France, she returned to her home in New York, and her marriage began to deteriorate as Stephen Jumel, who stayed behind in France, saw his fortune decline and he learned of Eliza's early life as a prostitute. Eliza began selling Stephen's business holdings and using the profits to buy her way into New York society, eventually leaving her husband penniless.[3]

Stephen Jumel died in 1832, and rumors persisted that Eliza had let him bleed to death.[1] Fourteen months after her first husband's death, Eliza Jumel married the controversial former United States Vice President Aaron Burr. She supposedly married to increase her stature; he, for access to her fortune.[2] Burr in turn misused the remnants of the Jumel fortune, and the two divorced on September 14, 1836, the date of Burr's death.[3] Jumel lived for the rest of her life in the Manhattan mansion, and died at age 90 in 1865. She was buried in Manhattan at the Trinity Church Cemetery and Mausoleum.[3]

:(

[Quantum]

Alexander Hamilton = Jew from the Caribbean

[Horn]

Next, Hamilton in 1791 established the Bank of the United States as America’s central bank. For its time, the Bank was a gigantic corporation, with $10 million in capital, a fifth provided by the government and the rest by private investors, who controlled it in order to prevent Congress from having a money-creating machine.

51% owned by the British.

[Gaillo]

Aaron Burr did us ALL a favor on that fine July day long ago...

[Quantum]

Aaron Burr did us ALL a favor on that fine July day long ago...


APPLAUSE!