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Tuesday, May 20, 2008

From the Quill of Alexander Hamilton

Dear Journal,

Our newborn country is already in great debt. This war that freed us from the grasp of England, has now bound us in the shackles of our debts. Many states, bankrupt, too many types of currency. It is my obligation as treasurer to get our country out of this rut. What in the world should I do...? I've been thinking about making a central bank for America, maybe that could help. I'll have to think about it.

Sincerely,
Alexander Hamilton
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Dear Journal,
It is settled, the idea of a central bank, where the countries currency is unified, will become a reality. It is to be built in the nation's capital, Philadelphia. The bank's charter has been drafted by Congress and signed by George Washington in this year of 1791. Hopefully this will help get our nation to financial stability for it would be a dread to watch it collapse.
Sincerely,
Alexander Hamilton
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