Federalists Party Essays - Conservatism In The United States

Federalists Party Seldom in the nation's history has there been a period so extraordinary in accomplishment as the first decade under the Constitution.... This paper is going to be a step by step evaluation of arguably the most important decade in American History. The time period covered in this paper is 1789-1801. These are the years in which the Federalists had the most influence in the new government. They accomplished an amazing amount in these 12 years. The Federalist Party was one of the first political organizations in the United States. The members of this party supported a strong central government, a large peacetime army and navy, and a stable financial system. Although the first president, George Washington, was not a Federalist, his Secretary of the Treasury, Alexander Hamilton, was the developer and leader of the Federalist party. Hamilton believed in a loose interpretation of the Constitution so that the central government could become more powerful. Also Hamilton, along with the other party members, believed that commerce and manufacturing were more important than agriculture. Financial Dilemma During the first two years of the new federal government the biggest problem was that of raising money. At first the Congress adopted a small tariff on imports. This was a start but not nearly enough. The government needed this money to maintain its own existence and to be able to pay of the debt. The existence of the government was a necessity, but there was a lot of discussion as to whether the debt should be payed off. The mare magnitude of the debt seemed to compel some measure of avoidance. In 1789, the national debt totaled more than $50 million, $11,700,000 of which was owed to France and Spain and the private bankers of Netherlands, while $40 million was in the form of securities held by citizens of the United States. The interests owed to the bankers were being payed off by loans from the bankers themselves. The government didn't even have enough money to pay the Barbary corsairs for release of captive sailors! When Congress couldn't come up with a solution that was satisfactory, they turned to Alexander Hamilton with the dilemma. He soon proceeded to draw up a full report entitled Report on Public Credit. In this paper Hamilton proceeded to show that the only way for a new government to establish credit was to deal honestly with its creditors -for in many cases they would be the people to whom the government must look to for future loans. This policy received strong opposition from Madison and other soon to become Republicans (second political party in America). The federalists held strongly, but only with the passing of the Assumption Bill (movement of capital more toward the South) where they able to pass the bill. This achievement was significant, but lacked two things which would be necessary to carry it out. For one it lacked a circulating medium, and two it lacked a central bank. Hamilton then proposed a remedy. He wanted to establish a corporation that was to be called the Bank of the United States. This bank was to serve as the principle depository for government funds. It was also to serve as the issuer of bank notes. This was a loose interpretation of the constitution. Again Madison led the opposition to no avail. But Hamilton held strongly to his belief that even the most uncompromising opponent of the bank would, in one month's experience as head of that department of the treasury, be compelled to acknowledge that it is an absolutely indispensable engine in the management of the finances, and would quickly become a convert to its perfect constitutionality. This plan favored the central government. The bank made little banks, who couldn't compete, go out of business. The rich ended up being able to buy a part in the bank and so got richer, and the poor and middle class didn't get the benefits. The central government was becoming self sufficient, and less dependent on the states. What Hamilton did is make the nation stronger in the eyes of other nations. This is a great accomplishment. If the Federalists (they didn't call themselves that until 1792) weren't in power the nation would have been weaker and more

Economics Dissertations How to Create a Masterpiece

Economics Dissertations How to Create a Masterpiece Most students who are undertaking the major of economics have got an element of economics dissertations during the final year of receiving the education. Basically, it may be the greatest writing project that a student has to fulfill if compared to the time, efforts, and dedication that are needed to write it. The economics is a young science that has a tremendous impact on the world. It finds and detects the peculiarities and develops personal theories regarding the tendencies in the world of finances and bank affairs. Points to Bring Economics Dissertation to Perfection With an abundance of thesis topics for economics papers, there will always be something interesting to investigate and put into practice. That is why in order to craft a real masterpiece in the science of economics, the author should attend to the following points while writing the assignment. Find a writing niche Before you set out on your investigation path, you should make a decision on where you will start your writing. You need to consider what field of economics you are interested in. It can be either macro- or microeconomic investigation. Conduct the investigation of the tendencies in the world of science and concentrate on finding the topic that will be applicable and practical for the society and experts of the science. You need to understand what contribution you can make to the fund of the world’s knowledge. Decide on the typology of economics writing The world of finances is composed of so many aspects that it is hard to imagine. The writer can formulate a personal economics theory and work on the arguments which will prove its applicability. The investigators of economic theories have got a potential of helping the society. It is possible to study the existing theories and conduct a comparative historical analysis of the background of the science. There is also an opportunity to develop either an empirical investigation or gathering of encyclopedia entries. All these types will be equally helpful, and it depends exclusively on the writer what topic is the most important for working on. Provide a mathematical analysis Economics is tightly connected with numbers as most of the investigation involves financial analysis and statistical data analysis. You should never ignore the necessity to present the calculations in your dissertation. It is usually presented in a practical part of the dissertation or in the appendixes. Prepare all the formulas beforehand so that it is easier to organize the whole paper in the most effective manner. Use modern technologies Sitting with a calculator and counting the statistical data manually will take a lot of your time. There are plenty of software solutions which were developed specifically for the economists. They contain all the basic formulas and can automatically calculate all the data that is inserted into the corresponding fields. Additionally, it is strongly advisable to create some charts and diagrams that will generalize all the ideas that will be described in the text. Moreover, it can become a superb visual aid for writing during the public defense of the dissertation. The information above would be applicable exclusively for writing the economics research project, but you shouldn’t also forget about general writing demands for dissertation writing that are standard for all types of writing as well as some looking facts to make the paper interesting. As a result, you will obtain an investigation paper of the ultimate quality. If you are looking for professional help with dissertation in economics, dont hesitate to contact our service right now.

Social Media and Its Impact Worldwide Essay Example | Topics and Well Written Essays - 1000 words

Social Media and Its Impact Worldwide - Essay Example Some of the websites include social bookmarking such as Blinklist; social news, e.g. Propeller; social networking e.g. Facebook; social photo and video sharing, e.g. YouTube; wikis, e.g. Wikipedia. Social media has both the negative and the positive impact on the users. However, as much as we criticize social media, the benefits outweigh the drawbacks. Social media connects people, allows them to interact with different people and hence exposes them to different opinions and ideas (Pernisco 5). People are also given an opportunity to share their opinions with a wide variety of social media users. This kind of interaction has made the world smaller. People can communicate with friends and beloved ones from any part of the world. Information is passed much faster compared to other media, and organizing events and workshops have been made easier especially for the young generation since it is easier to find them on social media than anywhere else. Businesses and individuals are using so cial media for advertising (Faraz and Zohaib 2). For companies to prosper in this generation, they must embrace social media. In social media, one is able to contact more friends than they would if they did it personally. Therefore, companies are taking advantage of this to advertise their products online. Zuckerberg's Facebook is the most successful social media with over 500 million users, and the number is still increasing. Many companies have turned to Facebook for their advertising by creating groups, pages, events, and social ads. These Facebook tools are used to promote a company’s product. Discussions about the products are generated, and the consumers are enlightened more about the product. Pictures, videos, and links are also shared (Faraz and Zohaib 3). In job hunting, the network is key, and hence, individuals are creating their profiles on various websites for the target employers to view them and offer them jobs. Children and adolescents have benefited a lot fro m social networking. They can connect with their mates and exchange notes on their school work.