St. Croix’s Alexander Hamilton Will Remain On The $10 Bill Thanks To Plaskett’s Work
WASHINGTON, D.C. – Alexander Hamilton isn’t the only Virgin Islands connection to the U.S. Treasury Department’s newly announced changes to paper currency.
Virgin Islands Congresswoman Stacey Plaskett (D-VI), along with her colleague Congressman Bill Pascrell were among the first to urge U.S. Treasury Secretary Jack Lew to reconsider his decision last June to replace the portrait of Alexander Hamilton with that of a then unrevealed historical woman figure.
“I am pleased to see Secretary Lew consider the suggestions raised by Congressman Bill Pascrell and me last year when the announcement was made to feature a woman on the $10 bill. We thought that Alexander Hamilton, as the founder of the modern U.S. financial system, as well as the first Secretary of the Treasury was the most appropriate figure to remain on our currency, and that if any change is to be made to feature a woman, it should be on the $20 bill. The $20 bill is in greater circulation. The placement of Harriet Tubman on the $20 bill should make Americans proud. The time for our currency to positively reflect historical events and the contributions of African Americans and women to this country is long overdue,” Plaskett said.
Secretary Lew also announced plans for the reverse of the new $10 to feature an image of the historic march for suffrage that ended on the steps of the Treasury Department and honor the leaders of the suffrage movement—Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady Stanton, and Alice Paul.
The Treasury Department also announced its plans to redesign the reverse of the new $5 to honor events at the Lincoln Memorial that helped to shape our history and our democracy and prominent individuals involved in those events, including Marian Anderson, Eleanor Roosevelt and Martin Luther King Jr.
Alexander Hamilton was a Founding Father of the United States, chief staff aide to General George Washington, one of the most influential interpreters and promoters of the U.S. Constitution, the founder of the nation’s financial system, the founder of the Federalist Party, the world’s first voter-based political party, the Father of the United States Coast Guard, and the founder of The New York Post. Although he was born in Nevis, he spent his formative years in St. Croix under Danish rule.
Alexander Hamilton birthplace in Charltown, Nevis.