Why Was Alexander Hamilton And Benjamin Franklin

My presentation is on why the pictures of American presidents are placed on money, and what the other symbols on money mean. I will also discuss why Alexander Hamilton and Benjamin Franklin are also on American money, despite the fact that they never served as President of the United States, and I will compare the symbols and portraits of Turkish lira to the symbols and portraits on the American dollar. Here are some interesting facts about American money: The United States Mint was created by Congress in 1792, tasked with creating and circulating official coinage. The Mint had the authority to convert any precious metals, like gold or silver, into standard coinage for anyone s account with no charge. President George Washington and Secretary of Treasury Alexander Hamilton asked Congress to pass the Coinage Act of 1792, which established the dollar as the basic unit of money for the United States. The word â€Å"dollar† is prounounced from the German word â€Å"thaler† , which means â€Å"coin†. Because of the lack of silver and gold mines in the United States, currency from other countries was allowed to be used to buy and sell goods and services until 1857, when silver and gold mines started to generate sufficient metal. In 1863, the National Banking Act was signed by President Abraham Lincoln, making the dollar the sole currency of the United States. A U.S. Note, also known as a Legal Tender Note, was paper money issued from 1862 to 1971 in the U.S. They earned the nameShow MoreRelatedWhat Makes A Great Leader?2212 Words   |  9 PagesMany people are responsible for providing Americans with the freedoms we have today. Benjamin Franklin, James Madison, and Alexander Hamilton were great world leaders due to their contributions to society, government, and public relations. In general, these men have contributed to our country in many ways; for example, they drafted the United States Constitution. Alexander Hamilton, James Madison, and Joh n Jay published the Federalist Papers. Thomas Jefferson wrote the first draft of the DeclarationRead MoreFounding Brothers by Joseph J. Ellis Essay1411 Words   |  6 Pagesshow just why they deserve to be called, founding brothers. There were several issues in which the founding brothers found themselves on opposite sides of an issue. In the case of Aaron Burr and Alexander Hamilton, Hamilton had questioned Burr’s qualifications in Burr’s run for governor of New York. One situation lead to another issue in which the line between personal and political criticism was blurred which lead to Burr ultimately challenging Hamilton to a duel. In another case, Hamilton had beenRead MoreRespectability: Politics in Early America in Founding Brothers by Joseph J. Ellis1507 Words   |  7 Pagesit affected their treatment of each other. 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As the American statesman Henry Clay said, â€Å"The Constitution of the United States was not made merely for the generation that then existed but for posterity – unlimited, undefined, endless, perpetual posterity.† The Declaration of Independence and the US Constitution were written with the intent that they could be easily read and understoodRead MoreFounding Brothers : The Revolutionary Generation Essay1261 Words   |  6 Pageschallenges. â€Å"Founding Brothers: The Revolutionary Generation† talks about this challenges and events in different sections that focus on seven historical figures at the time: George Washington, John and Abigail Adams, Thomas Jefferson, Alexander Hamilton, Benjamin Franklin, and Adam Burr. Joseph J. Ellis talked about six events, in six chapters, from the time in American history that shaped the ideas that created the United States government that is known today. 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With the size and power of the British army and navy, the rebellious disrupters in America should have been knocked down almost immediately, by logic’s rules. Adjacent to this lies Ellis’ statement that, â€Å"in the longRead MoreSeparation of Church and State, or Not? Essay1151 Words   |  5 PagesMany people say that this phrase is backed up by the First Amendment. Before â€Å"separation of church and state† was believed by many, schools could use quotes that made a spiritual impact, children could pray in school, and if a public school hung the Ten Commandments up it was not questioned. There were fewer problems in the United States before the 1960s. Statistics show there was less violence, premarital sex, sexually transmitted diseases, divorce, and the scores on the SAT were higher. If