Alexander Hamilton: America's Financial Brainpower

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One must wonder where would America be today financially and economically without the aide of Alexander Hamilton. Sometimes credited as Father of the Treasury, had a profound effect on the American economy. Born illegitimate on the West Indies island of Nevis, left orphaned and penniless at the age of 1, educated by a local clergyman, and in spite of his ruthless beginnings became our countries first Secretary of the Treasury ("Who Is That Guy on the $10 Bill). His contributions include the establishment of credit of our young country, formation of a national bank, the Bank of the United States, and the proposition of tariffs that provided revenue and encouraged manufacturing.

When Alexander Hamilton was appointed Secretary of the Treasury in September of 178, he was faced with many dilemmas. The first dilemma was the national debt. By December 178, the total public debt was up to $74,500,00 (Kraus 76). $1,000,000 of the debt was due to foreign countries for loans to finance the war, $,500,000 of the debt was state debts, and $40,000,000 of the debt was the nation owed for other federal obligations (domestic debts) (Kraus 77). The nation was a crucial point in its existence and needed a solution to its financial problems. Hamilton sent the first part of his plan for the nations economic success, the Report on the Public Credit, to Congress in January 170 (Sylla). He proposed that all the nations debts be paid off by par, meaning completely paid. Hamilton argued that the debts had to be completely paid off to establish good federal credit, and Congress agreed (Sylla). The government's responsibility of the states debt was subject to debate for Congress. Most of the southern states had fulfilled paying off most of their debts and didn't want to assume the debts of the northern states, which happened to be quite an immense sum (Finseth). The first time the assumption bill was voted on in Congress it was defeated 1- (Wise 156). Then Hamilton arranged a deal with Thomas Jefferson to move the nations capitol to Virginia if his debt repayment plan passes Congress. The bill passed ensuring that the states debts would be paid, and the capital was moved ("Who Is That Guy on the $10 Bill"). The domestic debt was not fully repaid because Hamilton believed that if the government owed citizens money, then they will work harder to keep the government prosperous. Hamilton said himself "A national debt, if it is not excessive will be to us a national blessing" (Finseth). His debt reduction plan achieved his goal to "… restore the faith in the government and public credit, attract foreign capitol to the united states and increase the effective stock of money, thereby stimulating the economy" (Sylla).

The second part of Hamilton's plan for the success of the American economy involved the creation of a national bank. Sent to Congress was the Supplemental Report on 170. Though not specifically mandated in the Constitution, Hamilton felt it necessary to charter a national bank. The national bank was formed by Congress in 171 and was given a twenty-year charter ("Bank of United States"). The banks main purposes were to regulate all banking within the United States, and provide a stable currency for the country. Hamilton proposed that the bank be capitalized at $10 million from the sales of stocks. Four-fifths of the stock would be sold to the public, and the federal government would hold the other one-fifths (Brookhiser, 7). Also the bank would provide a depository for federal revenue, an important lender to the federal government, operated across state lines and state bank notes were traded at a discount. The diverse branches of the bank were spread through out the nation aided fiscal operations and called for a more flexible financial system ('Who Is That Guy on the $10 Bill").

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Hamilton's third major paper was the Report on Manufactures issued in 171 ("Report on Manufactures"). This report outlined his plans for governmental support of the American industry. He wanted a protective tariff, one that taxed imports, to raise the nation's industry by making imported goods more expensive then goods made by American industry. Hamilton requested that Congress levy a protective tariff that would stimulate American industries in 17 on all imported goods, especially wine, liquors, tea, and coffee. He wanted to persuade Americans to buy within the country, he believed that America could produce just about everything that it needed and become economically self-sufficient. He expected that the tariffs would help develop an independent and diverse economy. ("Report on Manufactures"). Hamilton also argued the need for an excise tax, which is a tax on domestic goods or goods produced and sold in America (Kindig). Although Congress did not pass his plan, they did support most of his tariffs in the next year ("Report on Manufactures"). By protecting the young manufacturing of early America, the tariffs had a very positive effect on the growth of the economy.

Alexander Hamilton significantly improved the economic position of the United States at perhaps the most crucial time in its history. All of his plans positively affected the American economy and still have an influence on it today. Hamilton's funding the national debt helped establish American's good credit and stimulated economy through trade. His idea for a national bank is still in use in the form of the Federal Reserve System. Hamilton's influence on the tariffs provided the primary source of revenue for the government for many decades and still provides some revenue today. With well-defined idea and unending self-motivation, Hamilton established a national economy with strong credit and increasing stability.

Bran Michael, Brune Champ, and Jennifer Ranson. "Who Is That Guy on the $10 Bill"

June 000.

Brookhiser, Richard. Alexander Hamilton, American. New York The Free Press, 1.

Finseth, Ian. "The Rise and Fall of Alexander Hamilton."

http//xroads.virginia.edu/~CAP/ham/hampltcs.html (1 Nov. 001).

Foner, Eric and John A. Garraty, Eds. Report on Manufactures. The Reader's

Companion toAmerican History. Houghton Mifflin Company, 11. Online

http//www.historychannel.com/perl/print_book.pl?ID=567 (1 Nov. 001).

Foner, Eric and John A. Garraty, Eds. Bank of the United States. The Reader's

Companion toAmerican History. Houghton Mifflin Company, 11. Online

http//www.historychannel.com/perl/print_book.pl?ID=47 (1 Nov. 001).

Kindig, Thomas E. Heritage "Alexander Hamilton." 15-001.

http//www.leftjustified.org/fed/hbio.html (1 Nov. 001).

Kraus, Michael. The United States to 1865. Toronto, Canada The University of

Michigan Press, 15.

Sylla, Richard. "National Debt." Foner, Eric and John A. Garraty, Eds. The Reader's

Companion to American History. Houghton Mifflin Company, 11. Online

www.historychannel.com/perl/print_book.pl?ID=545 (1 Nov. 001).

Wise, William. Alexander Hamilton. New York G.P. Putnams Sons, 16.

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Why do you want to attend?

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To me having good communication skills is crucial to succeed in almost all aspects of life, in particular in professional life and in a chosen career. It is important to know how to read, write, and speak effectively and efficiently. So, if my previous statement is correct, it is essential that we take every opportunity available to develop these communication skills. Since my parent understand this idea, they encourage me, and they are willing to provide the support necessary, including financial support, for my obtaining my goals, in particular improving my writing skills, I decided to look for a program that provided additional training in this area. Searching on the Internet I came across your program and found it to be a program I like and a program that offers the activities that I need to improve my writing ability. Also, I am sure I will enjoy the interaction with other students. For these reasons, I decided, with my parent's support, to apply to your institute. I hope I get accepted and am able to attend.

Right now at my school I am in the advance English course. This is a very challenging class. We have the opportunity to read several books and analyze and practice a variety of writing styles. I believe I have learned a lot in this class. However, I know I need to practice my writing skills a lot more. Since your program offers a great opportunity to "participate in a variety of writing-intensive exercises designed to cover such topics as voice, character, metaphor, persona, and narrative", and also offer opportunities to "participate in workshop sessions...reading intensive classes and roundtables designed to talk about various writers and the strategies they use..." I have not doubt I will obtain the additional practice I need. I am sure it is going to be a challenging experience, writing always is. However, I am looking forward to it.

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The Documentary Film

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Robin Black

Professor Wahbe

English 100

11 September 00

The Documentary Film

In a sense, the first films to be made were documentaries. The documentary retains a sense of truth, even when reality is manipulated. The documentary film can change not only the lives of the subjects that are on camera but also the lives of those who see the film. The Twentieth Century is the first era with a photographic record of history, due to the invention of motion pictures. The documentary film became a new source of history. As cameras rolled filming leaders and workers, natural disasters, and the misfortunes of man, history has been changed by the documentary film. The filmmakers have come to be seen as reporters, explorers, chroniclers, observers and activists. Taking a look in to the documentary film is like looking at a reflection in a mirror of ourselves and our society in this century. The fact that the human spirit strives to survive, and in the face of opposition, refuses to lie down is a testament made by the history of the documentary film.

The every day struggle just to get by is experience by many

Americans. Documentary film makers like Barbara Kopple and Steve

James were dedicated to telling the stories of some of those

struggling Americans. Barbara Kopple's Oscar winning

documentary, "Harlan County, USA" (176), was produced when, at

the age of twenty six, she moved to Harlan County, Kentucky and

lived among coal miners for four years. During that time there

was violent resistance by the coal miners to Eastover Mining

Company's policies of exploitation. Kopple became close to the

families which were affected, as well as the workers who

struggled, and became committed to using her film techniques as

a medium for helping their cause. The never ending search for

the American Dream is not just existing in rural,

underprivileged areas of America. The struggle for survival that

continues every day is also right in our own backyard. Steve

James touched on universal issues in his documentary film "Hoop

Dreams" (14). James, with his camera, met two young boys by

the names of Arthur Agee and William Gates in an inner-city

basketball court. The boys achieved a momentary escape from

their lives of poverty, parental drug addiction, and violence

when they were shooting hoops and dreaming of making the NBA

drafts. Steve James, along with film makers Peter Gilbert and

Fredrick Marx and their cameras, documented the two boys as they

worked to succeed at the one thing that gave them hope of one

day lifting themselves out of their desperate situation. That

thing was basketball. "Hoop Dreams" is about success and failure

in all aspects of life, not just on the basketball court. It

shows the power of friendship, support, hope and dedication, and

a person's dreams and aspirations can ultimately see them

through the most dark and dismal times of their lives.

Both films seem to capture an entire century of reality and

the soul of the American Experience; just as stories recorded on

film will continue to inspire and encourage the American spirit.

The search for the American Dream is a journey taken on the back

of the documentary film with the film maker as the guide.

Standing as the testament of the history of the documentary film

Is the undying human spirit always in that survival mode and

never willing to give up to its adversaries.

Works Cited

http//www.nvo.com/corinthfilms/documentaryfilmsandtvprograms/

Common Culture Reading and Writing about American Popular Culture. rd Ed. Michael Petracca and Madeleine Sorapure. New Jersey Prentice Hall, 001.

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Goneril and Regan in scene one of King Lear

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The Characters of King Lear's two eldest daughters - Goneril and Regan.

Throughout the play of King Lear, Lear's two eldest daughters Regan and Goneril express themselves differently in various situations regarding the treatment of their father, which is displayed as being more to their own advantage rather than that of others, in particular their father - King Lear.

In act one, scene one, Goneril and Regan appear to be the "good" and dutiful daughters to their father. This is displayed as when Lear proposes that he is to divide his kingdom between the three female heirs, both Goneril and Regan quickly jump at the chance of this opportunity. The reasons relating to their enthusiasm towards their fathers proposition is primarily in regard to the prospect of them being able to attempt to gain as much land and wealth as possible through making an excellent job of telling their father exactly what he wants to hear. They do this through forfeiting the truth, and professing how greatly they love him.

Goneril and Regan are particularly clever and deceitful, because they know by flattering their father and by telling him what he wants to hear in the plays opening scene, this will be beneficial to them and will possibly instantly give them their fathers favour as they are aware of how he extremely appreciates public displays of flattery in front of the court which increases his pride.

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Goneril is the first daughter who is given the chance to profess her love to the King, in which she proclaims

"Sir I love you more than word can wield the matter,

Dearer than eyesight, space and liberty,

Beyond what can be valued, rich or rare;

No less than life, with grace, health, beauty, honour,

As much as a child e'er loved or father found,

A love that makes breath poor and speech unable;

Beyond all manner of so much I love you."

Goneril, after making this proclamation, has inevitably pleased the King well, so she and her husband Albany are promptly given a portion of his lands before the next daughter Regan is given the chance to speak.

Regan says

"I am made of that self metal as my sister,

And prize me at her worth. In my true heart

I find she names my very deed of love;

Only she comes too short, that I profess

Myself an enemy to all other joys

Which the most precious square of sense possesses

And find I am alone felicitate

In your dear highness' love."

In this speech made by the second daughter Regan, she aims to go "one up" on Goneril by saying that she loves her father just as much as Goneril, and so much in fact that she decides to say that her sister has fallen short of her own personal love for him and that she loves him much more greatly. This also, not to the surprise of the daughters and the court, greatly impresses the King, even more so than of what Goneril had initially said. Because of this, the King gives out an 'ample third' of the kingdom which was not too dissimilar than that he had given to Goneril.

King Lear, right from the start is unable to see what his daughters are truly like and their true intentions once they have gained what they want from their father, and up until this point in the play, after their speeches, he has no reason to think otherwise.

Lear's favour towards them is enforced even more after it is Lear's youngest daughter Cordelia's turn to make a bid at obtaining land from her father. This point is emphasised as Cordelia's response is much different in nature to that of her sisters, as she does not use any flattery whatsoever to gain Lear's favour, but instead speaks her mind truthfully and honestly. Cordelia admits that she loves her father, but "no more or no less" than that of which is required by her duty of being his daughter. This speech made by Cordelia inevitably greatly angers the King, in which he fails to see and is possibly too naive to recognise the honest quality that she possesses over her sisters. The result of Cordelia's speech is that the King instantly perceives both Goneril and Regan as being the "good" and dutiful daughters and subsequently Cordelia is banished from the kingdom.

The first glimpse of the real deceitful and rude characters of Regan and Goneril are briefly displayed in the first act of the first scene of the play, where Regan is quick to say

Prescribe not us our duties

Regan says this line to her younger daughter Cordelia, in response to Cordelia telling her sisters that despite her banishment made by her father, she wants her sisters to treat their father well. Cordelia has possible foresight as to what is to come, as she secretly believes that their declarations were possibly untrue, and she knows what they are really like. Cordelia then goes on to say to the sisters that they should stick close to their claim of their love for their father. This response given by Regan is interpreted and seen as being said due to her great dislike of being offered advice by others, in particular her younger sister. Also, another reason for this comment would be that she knows that she is often a hypocrite in character, due to her acting and saying certain things for show in order to get what she wants, then further on once she has obtained her goal, she no longer cares about what she has initially said - thus displaying her ruthfulness.

A prime example of their ruthfulness occurs further on in the play when both Goneril and Regan cause much hurt to their father emotionally and drive him to madness. Lear soon finds out how much love Goneril and Regan actually have for him. When Lear comes to stay at Goneril's home she promptly changes her loving tune towards him and is deliberately cold hearted and attempts to make him give up 100 of his knights, which consequently challenges her father's authority and shows the calculative disrespect that she has for him. The same example is also apparent with Regan. This is shown as after Lear has left Goneril's home, due to him being fed up with her and being angry at himself for misjudging her character so badly, he finds that Regan treats him similarity to her sister Goneril. The way in which Regan treats her father is with much disrespect, and furthermore undermines his authority as her father and the former King of England. The two daughters due to their evident cruel nature and spite, go on to turn their father out into a storm in the middle of the play, which leads to Lear being driven mad by his grief at seeing the true nature of his daughters.

Regan and Goneril are initially brought into the play as being dutiful and loving daughters of their father King Lear. The true colours and intentions of these two daughters are however becoming slowly and obviously unravelled throughout the duration of the play and it becomes quite clear that what they say the majority of the time not the truth. It is also often alleged that they care primarily about the interests of themselves without regard to anyone else, including their own father.

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Project management

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HISTORY

Project management has been practiced for thousands of years since the Egyptian era. Men undertook projects too large for a single craftsman, even with the help of his sons and apprentices. These projects called for the work of hundreds or even thousands of men, organized and directed towards a common goal.

It has been about a half of a century later that organizations start applying systematic project management tools and techniques to complex projects. Frederick Taylor (1856-115) applied scientific reasoning to work by showing that labor can be analyzed and improved by focusing on its elementary parts. He applied his thinking to tasks found in steel mills, such as shoveling sand and lifting and moving parts. Before then, the only way to improve productivity was to demand longer hours from workers.

After Taylor¡¦s death, his associate, Henry Gantt (1861-11) continued his studies in great detail. His studies of management focused on Navy ship construction during WWI. His Gantt chars complete with task bars and milestone markers outline the sequence and duration of all tasks in process. Milestones mark significant events in the life of a project, usually critical activities which must be achieved on time to avoid delay in the project.

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A Gantt chart is a horizontal bar or line chart which will commonly include the following features

æ Activities identified on the left hand side;

æ Time scale is drawn on the top (or bottom) of the chart;

æ A horizontal open oblong or a line is drawn against each activity indicating estimated duration;

æ Dependencies between activities are shown;

æ At a review point the oblongs are shaded to represent the actual time spent (an alternative is to represent actual and estimated by separate lines);

æ A vertical cursor (such as a transparent ruler) placed at the review point makes it possible to establish activities, which are behind or ahead of schedule.

Gantt chart diagrams proved to be such a powerful analytical tool for managers that they remained virtually unchanged for nearly a hundred years. It wasn¡¦t until the early 10¡¦s that link lines were added to these task bars depicting more precise dependencies between tasks.

After WWII, the complexities of projects and a shrinking wartime labor supply demanded new organizational structures. During the 150¡¦s The Special Projects Office of the US Navy developed a technique for evaluating the performance of large development projects, which became know as PERT- project Evaluation and Review Technique. These techniques gave managers greater control over massively engineered and extremely complex projects. Other variations of the same approach are known as the critical path method (CPM) or critical path analysis (CPA). PERT charts depict task duration, and dependency information. Each chart starts with an initiation node from which the first task, or tasks, originates. PERT charts and Gantt charts are often used in project management.

WHERE CAN IT BE APPLIED?

Good project management is vital for large capital projects. These projects can span several years form conception to completion, can cost hundreds of millions of dollars and be constrained by the availability of skilled tradesmen. The most important goal of project management is to define a goal. It¡¦s very difficult to know when a job is complete if the final goal is not clear. Once a project goal has been set, the activities needed have to be defined. On very large projects these activities are broken down hierarchically in what is referred to as a Work Breakdown Structure (WBS).

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Beowulf: A new Perspective

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This written piece from the epic poem, Beowulf, begins when Grendel first leaves the marsh where he will begin his journey off to kill a room full of warriors but actually finds the classic hero, Beowulf, for the last time. It is written in the first person perspective.

I swim out of my marsh, saying goodbye to my mom very excited thinking about killing all of the Geats and Scyldings. Jeez, they have been driving me nuts with all of their singing and laughter. I wish I had friends. If I was not such an outcast and had one friend then I would probably not kill them all. No one will be a friend with me because I am a big, ugly, evil monster. That is the reason why I have been killing for twelve years straight. God, I am good because I have never been hurt or harmed EVER! I just cannot wait to kill all of their little bodies. Once they are quiet I can sleep peacefully. Even if for some reason that someone has enough guts to try and take me on, they will never be able to have enough strength to do any damage on me. Finally, I am here! I am inflamed with excitement because I cannot wait till I get to drink their hot gushing blood. I will be as quite as I can. I am touching the door as soft as I can with my fingertips. I walk into the noiseless mead hall to find all of these sleeping men. I laugh on the inside because they do not have a clue.I start making some noise. The fighters wake up and cannot move either because of fear or from to much mead. Just to be funny, I grab a cloth from a table and wrap it around my neck so it will improvise for a napkin. I do not wait any longer. I,

"Snatched at the first Geat

I (Grendel) came to, ripped him apart, cut

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His body to bits with powerful jaws,

Drank the blood from his veins and bolted

Him down, hand and feet; death

And my (Grendel's) great teeth together,

Snapping life shut."

I seize the next man. He looks really brave and when I grab him I realize that he is really strong; stronger than any other man in this world. My "/mind was flooded with fear- but nothing/ could take my (Grendel's) talons and myself (Grendel) from that tight hard/ grip." I try to shake him off my arm but nothing is working against this powerful protector of peace. I am surprised that a man can fight me like this. The noise increases as the walls sway but do not fall down. I am starting to get scared because I am thinking that I might not live through this incident. I cannot think about anything except the excruciating pain in my shoulder. AAAHHH!!! He tore out my whole arm and shoulder.

I cannot think about anything except just to get out of here and forget about my arm. I still cannot get over the fact that I have been defeated. I mean nobody in twelve years has anybody been able to do any damage to me. I hope that my mom will get revenge and kill him for me. I really do not think that will happen because she is older and is a woman. I am not at all ready for the scorching depths of hell. Well here I am, at my lonely marsh that awaits my death. I am slowly dying now. Oh great, here comes my mom; I really do not want to explain to her what happened. At least she will try to kill him if I tell her. I better curse all of humankind's weapons to help out my mom in the battle. I bet that the warriors are now celebrating that I am dead now. They make me so angry! I try to get up but I cannot because my "/ bleeding sinews deep in my (Grendel's) shoulder/ snapped, muscle and bone split, and broke." Right before I die, I tell my mom that Beowulf did all of this to me.

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