Hamilton‘s Popularity May Keep Alexander Hamilton On The $10, And He Deserves It; Jackson Should Be Off The $20
Getty Images: Theo WargoDue to the unexpected and runaway popularity of Broadway musical Hamilton, it appears that Alexander Hamilton may stay put on the front of the $10. Treasury Secretary Jack Lew is expected to announce this week that the original plan for a woman to replace his visage have been changed. According to a senior government source who spoke with CNN, Hamilton will stay up front while a mural-style depiction of the women’s suffrage movement will be be featured on the back.
This is sure to incite a lot of rightful backlash from women, who represent 50% of the country’s population but comprise 0% of the faces of its currency (notwithstanding the failed Susan B. Anthony silver dollars). “Relegating women to the back of the bill is akin to sending them to the back of the bus,” said the advocacy group Women on 20s. “The Rosa Parks analogies are inevitable.”
They’re absolutely right in that regard; women such as Harriet Tubman, Rosa Parks, Eleanor Roosevelt, Elizabeth Cady Stanton and Susan B. Anthony played crucial roles in American history and deserve to be recognized alongside Washington, Lincoln and the rest. But they never should have been replacing Hamilton—they should be replacing Andrew Jackson. And now that Hamilton is staying on the $10, hopefully the Treasury will bow to the pressure and move forward its projected 2030 redesign for the $20.
Keeping Hamilton on the $10 makes a whole lot of sense. As anyone who’s studied U.S. history or seen Lin-Manuel Miranda’s Pulitzer Prize-winning musical knows, Alexander Hamilton was the first and most important champion of a national bank. Thanks to America’s fierce libertarian streak, it took until 1913 for the Federal Reserve to become a permanent institution, but since then, it’s been an important measure of control of the American economy—not to mention that it literally controls how much American cash is out in the world. If anyone belongs on U.S. currency, it’s Hamilton.