Posted on 06/08/2004 7:45:58 AM PDT by jerod
Admirers push to put GOP founding father’s face on $10 bill, replacing Alexander Hamilton
Ardent admirers of Ronald Reagan intend to seize on the former president’s death as their chance to memorialize him on the $10 bill.
Sen. Mitch McConnell (R-Ky.), the assistant majority leader, has said he wants to take the lead on the necessary legislation to displace the image of Alexander Hamilton, first secretary of the Treasury.
In the House, a Republican member of the California delegation likely would be the lead sponsor of companion legislation. Rep. Chris Cox (R-Calif), chairman of the Republican Policy Committee and a former Reagan aide, has expressed interest in leading the charge.
In the meantime, the House will consider a bereavement resolution commemorating Reagan today or tomorrow, and the Senate will do the same this week.
The campaign to transform the $10 bill is the brainchild of Grover Norquist, president of the Ronald Reagan Legacy Project. Norquist, a prominent conservative activist who also is president of Americans for Tax Reform, would be aided in his quest by his strong ties with the Bush White House.
Supporters recognize that now is a unique moment for them to achieve their goal, with the nation in general and lawmakers in particular, coming together in praise of Reagan and seeking a dignified way to memorialize him.
With Sens. John Kerry (Mass.) the presumptive Democratic presidential nominee, Tom Daschle (D-S.D.), the minority leader, Edward Kennedy (Mass.) and Charles Schumer (N.Y.) among many Democrats praising Reagan, a filibuster of the change — the only realistic way to beat it — is seen as unlikely......
(Excerpt) Read more at thehill.com ...
She didn't want his image on the dime. If she's for it, I'm for it.
No. He couldn't shoot very well.
No way...after vetoing this legislation twice, he only signed it when it looked like an override was inevitable.
FReegards...MUD
I agree. I don't think any Founders should be replaced on anything.
There is no other thing Reagan would be pleased more with than having that great USS Ronald Reagan aircraft carrier named after him.
I was also thinking that the VOA, that disseminates truths of America might be renamed after him.
To be more precise, Jackson was virulently opposed to the Bank of the United States, which was the conceptual predecessor of the Federal Reserve Bank. His success in destroying the Bank ushered in decades of fiscal chaos which substantially hindered American economic development in the nineteenth century. So, yes, it is extremely ironic that he now has a place on our largest frequently-used bill.
I disagree. If we forget Hamilton, we forget so much of our constitutional history.
BTW-my objections to this are based on the fact I am pro-Hamilton, not anti-Reagan. I prefer to see Reagan on the $20 or a new currency.
I agree entirely.
Just wait. The most disgusting of the RATS will call for a boycott of the $10 bill.
Off topic a bit, but why do they refer to our paper money as "Dead Presidents" when two of the current demoninations depict men who were never president?
Gipper on a Tenner....
Ol Zipper Klintoon on a pack of condoms...
Hitlary Klintoon on birth control boxes! THAT will encourage those teens to AVOID pregnancy, probably sex as well!!!!!
You are correct, but Hamilton wrote most of the essays, or at least that is what is thought.
LOL...now we need to see the key...MUD
ROFLMAO...I might start worryin' about a de-population implosion...MUD
'Jackson opposed the very idea of the Federal Reserve and would not have wanted his image used.'
BTTT!
'......In 1828, Jackson was elected President. Immediately, he went to work to get rid of the bankers people in the U.S. posts. He fired 2,000 of the 11,000 federal government employees. In 1832, when Jackson was up for re-election, the banker's tried to get an early renewal bill for the Bank passed. But, Jackson vetoed the bill and made a speech concerning this event. He said "It is not our own citizens only who are to receive the bounty of our government. More than 8 Millions than the stock of theis bank are held by foreigners...Is there no danger to our liberty and independence in a bank that in it's nature has so little to bond it to our country? Controlling our currencies, recieving our public moneys, and holding thousands of our citizens in dependence...would be more formidable and dangerous than a military power of the enemy. If government would confine itself to equal protection, and, as Heaven does it's rains, shower it's favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles".
In 1832, when Jackson ran for re-election, he was the first president to take his campaign on the road. His slogan was "JACKSON and NO BANK!" Despite the fact that the bankers poured over $3 Million into Henry Clay's campaign to defeat Jackson, he still won by a landslide. When re-elected he stated "The hydra of corruption is only scotched, not dead". In 1833, he attempted to remove the government deposits in the bank, but people in that position refused to do so. He had to fire two people until, the third person selected was coming up for appointment, and he was opposed. Nicholas Bittle made the following bold statement after this event, "This worthy President thinks that because he has scalped indians and imprisoned judges, he is to have his way with the bank. He is mistaken." -- Then he made an even bolder statement, declaring that the bank would make money scares to get congress to restore the bank. He stated "Nothing but widespread suffering will produce any effect on Congress... Our only safety is in pursuing a steady course of firm restriction - and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the bank." This is what happened. But, Biddle blamed it all on Jackson. This led to his censure by Congress.
In 1834, the House voted against re-chartering the bank. Then this was followed up by an investigation into whether the bank had caused the crash. When the investigators arrived with subpoenas to get the evidence from Nicholas Biddle, they were denied any information. They were also refused info. concerning money he had given to congressmen prior to the vote, and he refused to testify before the committee.
In 1835, Jackson payed off the final installment on the national debt. He was the first and only president to ever do this. This debt was necessitated by the banks' issuing currency for government bonds instead of just issuing Treasury notes with such debt.
A few weeks after this, a man by the name of Richard Lawrence tried to shoot Jackson. Both revolvers failed and he was arrested and tried. He was found not guilty by reason of insanity and after his release had been known to brag to several friends that wealthy people in Europe had put him up to it and promised to get him released if he had been caught.
In 1836, Andrew Jackson said "BY GOD, YOU ARE A DEN OF VIPERS AND THIEVES AND I INTEND TO ROUTE YOU OUT", and he removed all the government deposits in the second Bank of the United States, and it collapsed. To get revenge, England suspended all American paper and caused the first depression in America, called the "Panic of 1837". During this banker instilled "Panic", the Rothschilds bought up American Securities at $.01 on the Dollar. This money was used to get the first "puppet" financiers and "Industrialists" off the ground. This was mainly J.P. Morgan, who was the Rothschilds "secret" agent" in America, as well as the Rockefellers.
Then the bankers went to work to start the civil war. Otto Von Bismark, the chancellor of Germany, who united the German states just a few years later, had this to say : "The division of the United States into federations of equal force was decided long before the civil war by te high financial powers of Europe. These bankers were afraid, that the United States, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world". (Whew, quite a statement there!).....' http://www.freedomdomain.com/bankfed.htm
GREAT ARTICLE. It was a new one to add to my collection. I found a couple of links that I want to follow. God does work in mysterious ways. Thanks!!
Jackson would be only too happy to be taken off their monopoly money. I can't think of a worse 'honor' for Reagan.
Point taken. Thanks for response.
I remember reading somewhere that FDR had some special relationship with the March of Dimes (which is not surprising), and so it is fitting to leave the dime alone.
Let's see what happens.
Agreed, it should be Grant instead that is replaced.
It isn't so much about putting President Reagan's image on money (paper or coin), but what the Reagan family wants. Despite being the finest president of my generation, the wishes of the family are the primary consideration.
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