The induction of the late treasury secretary was part of a series of recognitions of Caribbean Americans in commemoration of Caribbean American Heritage Month by the ICS.
ICS said that when George Washington became the first president of the United States in 1790, he selected Hamilton to be his first secretary of the treasury.
“Although Hamilton served in Washington’s Cabinet for only five years, many historians regard him as the greatest and most influential secretary of the treasury in U.S. history,” said ICS, whose founder and president is Jamaican Dr. Clare Nelson.
Hamilton was born in 1757 in Nevis to Rachel Fawcett and James Hamilton, but spent the majority of his youth in St. Croix, where his formal education as a child was minimal.
He left St. Croix for New York City, eventually enrolling in King’s College, now known as Columbia University. In 1776, he joined a local New York militia to fight in the American Revolution against the British.
Hamilton began his political career serving first as a national tax agent and then as one of New York’s representatives at the U.S. national Congress in Philadelphia. In 1786, he was chosen to represent New York State at a national convention held in Annapolis, Maryland, to amend the Articles of Confederation.
As treasury secretary, Hamilton wrote five key reports that established American economic policy.
He also wrote the prophetic “On the Subject of Manufacture’s”, which argued that the U.S. should shift the bulk of its economy from agriculture to industry.”
Hamilton died at age 47 on July 11, 1804 after being shot in a duel.