US Treasury Secretary Jacob Lew announced that the Bureau of Engraving and Printing will redesign the $10 bill, replacing the image of Alexander Hamilton with a woman in 2020. It's standard practice to redesign our currency every 7-10 years to deter counterfeiting and enhance security. But featuring a woman is not. The Secretary wants to honor a woman in recognition of the 100th anniversary of the 19th amendment, granting women the right to vote in 1920. Honoring a woman is long overdue, but killing Hamilton again is not the answer.
2. Requirements for being featured on US currency are simple MORE
3. Out of 92 individuals featured on US banknotes and coins, only 5 have been womenMORE
4. Alexander Hamilton was a superstar for economic and democratic prosperityMORE
Alexander Hamilton rose from being the "the bastard brat of a Scottish peddler" (as described by John Adams) to the first US Secretary of the Treasury.
Hamilton was senior aide to General George Washington during the Revolutionary War. He was one of the most influential interpreters and promoters of our Constitution and founder of the nation's financial system.
As Secretary of the Treasury, he was the primary author of George Washington's economic policies. Hamilton took the lead in the funding of the states' debts by the Federal government and establishing a national bank, a system of tariffs and friendly trade relations with Britain.
Broadway celebrates the legacy of this Founding Father's contributions with the debut of Hamilton in August 2015: Written by and starring Lin-Manuel Miranda; based on the book by Ron Chernow.
5. Not everyone on our currency is as admirable as HamiltonMORE
6. Andrew Jackson was the 12th person featured on the $20 bill; Lady Liberty was the firstMORE
7. There are many inspiring women in history who deserve to have a place on our currencyMORE
- Women On 20s, a non-profit, grassroots organization, held an online election earlier this year to let the public choose a nominee from among 15 inspiring women in history to replace Andrew Jackson on the $20 bill. More than 600,000 people cast votes and Harriet Tubman, the African-American abolitionist who led hundreds of slaves to freedom, emerged as the winner. Eleanor Roosevelt, the longest-serving first lady and human rights advocate, was close behind, followed by Rosa Parks, the African-American Civil Rights activist whose refusal to surrender her seat to a white passenger on a Montgomery, Alabama bus was one of the pivotal moments of the Civil Rights movement.
- Eleanor Roosevelt was the front-runner in an August 2015 poll by McClatchy-Marist, followed by Harriet Tubman. Other women with significant support in the poll included Sacagawea, the American-Indian woman who served as a translator and guide for the Lewis and Clark expedition, Amelia Earhart, the first female aviator to fly solo across the Atlantic Ocean, and Susan B. Anthony, the suffragist whose efforts led to women's right to vote.
8. Harriet Tubman was a rock star of 19th century freedom and democracyMORE
Boy, was she fierce.
Born into slavery as Araminta Harriet Ross in Maryland in 1822, Harriet Tubman escaped to Philadelphia in 1849. She endured severe beatings and head injuries which would torment her for life. But she would become one of our greatest abolitionists and humanitarians.
Harriet Tubman led hundreds of slaves to freedom as the most famous "conductor" on the Underground Railroad. Some called her "Moses."
During the Civil War, she was a Union nurse, cook, armed scout and spy. She helped John Brown recruit men to raid Harper's Ferry, earning the name "General Tubman." As the first woman to lead an armed expedition in the war, she guided the Combahee River Raid, liberating 700 slaves.
A devout Christian, she fought for women's suffrage, opened an old age home for African-Americans, and took care of her parents until their deaths.
Harriet Tubman died in 1913, seven years before the 19th Amendment granted women the right to vote. Now, we honor her and take on her mantle of freedom, democracy, and courage.
As noted above, Tubman was the winner in Women on 20s' campaign to replace Andrew Jackson on the $20 bill. In July, US Sen. Barbara Mikulski, D-Md., and Sen. Jeanne Shaheen, D-N.H., introduced the Harriet Tubman Currency Tribute Act of 2015, new legislation that directs the Secretary of the Treasury to ensure that all newly issued $10 Federal Reserve Notes bear Tubman's likeness by 2021.
Detail from the painting The Underground Railroad by Paul Collins
The New 10
US Department of the Treasury - Official website (2015)https://thenew10.treasury.gov/faqs
The New 10 is an official website of the US Government; its mission is to explain process for redesigning the $10 bill and to collect suggestions from the public.
Alexander Hamilton Full-length Biography
Ron Chernow - Penguin Books (2005)http://www.amazon.com/Alexander-Hamilton-Ron-Chernow/dp/0143034758
Pulitzer Prize-winning author Ron Chernow presents a landmark biography of Alexander Hamilton, a Founding Father who galvanized, inspired, and shaped the newborn nation.
American Lion: Andrew Jackson in the White House
Jon Meacham - Random House Trade Paperbacks (2009)http://www.amazon.com/American-Lion-Andrew-Jackson-White/dp/0812973461/ref=sr_1_4?s=books&ie=UTF8&qid=1435111589&sr=1-4&keywords=andrew+jackson
Jon Meacham in American Lion delivers the definitive human portrait of a pivotal president who forever changed the American presidency–and America itself.
Bound for the Promised Land: Harriet Tubman, Portrait of an American Hero
Kate Clifford Larson - Random House Publishing Group (2004)http://www.barnesandnoble.com/w/bound-for-the-promised-land-kate-clifford-larson/1100618634?ean=9780345456281
Kate Clifford Larson gives Harriet Tubman, one of the giants of American history, a powerful, intimate, meticulously detailed life in this definitive biography.
US Department of the Treasury
US Department of the Treasury - Official website (2015)http://www.treasury.gov
The US Department of the Treasury's mission is to maintain a strong economy and create economic and job opportunities, strengthen national security, and manage the US Government’s finances and resources effectively.
How do we decide fate of Confederate monuments in New Orleans?
WALTER ISAACSON - The New Orleans Advocate (2015)http://www.theneworleansadvocate.com/opinion/14286742-55/guest-column-jacksons-momument-was-errected-to-celebrate-new-orleans-so-how-do-we-decide-the-fate-of
Walter Isaacson offers an answer of whether we should take down monuments of controversial figures.
The Ghost of Benjamin Franklin wrote this with a little help from his friends -- a band of citizens, aka More Perfect Union's Chisel team. Chisel wishes to honor our worthy forefathers while also honoring our worthy foremothers.
Founder & Chief Citizens' Officer - TheChisel / More Perfect Union, Inc.Born in Philadelphia, Deborah Devedjian has been a leader in the global Education and Training industry and an expert in corporate governance—creating, building, investing in, and transforming organizations. Long committed to education and inquiry as the basis for democracy, she weaves together more than 20 years of experiences in the private, public, and not-for-profit sectors to maximize learning, collaborative decision-making, and stakeholder value.
She’s served in founding or leadership positions with Copernicus Learning Ventures, Warburg Pincus, RoundTable Partners, European Bank for Reconstruction & Development, and The Boston Consulting Group. Deborah has chaired or served on the executive committee of 20+ not-for-profit boards, including Polytechnic University; Marlboro College; Elwyn, Inc. (for the developmentally challenged); French-American Foundation; Pennsylvania-Russia Business Council; Commission of Independent Colleges and Universities; Harvard Business School Club of New York; and Yale Reunions.
She attended public schools, has a BA from Yale and MBA from Harvard, but her father still hopes she’ll go to med school. Fluent in French and Armenian. Amusing in German and Italian. Deborah’s day is not complete without a dose of the Rolling Stones, Beethoven, and Coltrane. Deborah is an independent (small "i"). Her patron saint is Ben Franklin. She excels at “herding cats,” according to one business school dean.
Chief Inspiration Officer - TheChisel / More Perfect Union, Inc.
Benjamin Franklin, TheChisel's Chief Inspiration Officer, was born in Boston in 1706. He moved to Philadelphia at age 17.
Ben was known for being, well, take your pick: typesetter, inventor, scientist, entrepreneur, international statesman, writer, editor, publisher, home brewer, Founding Father, Francophile. Master of public-private ventures.
His was the only signature on all four of our country's founding documents: Declaration of Independence, Alliance Treaty with France, Peace Treaty with England, and US Constitution.
Totally cool dude. Oh, and politically, he was an Independent.
Self-taught, self-made, and answering to his highest ideals, Ben Franklin was a master problem solver. He identified commonalities and built bridges to forge more prosperous, equitable, and secure realities for America and the world.
Lisa Goldman Forgang
Chief Policy Officer - TheChisel / More Perfect Union
Lisa Goldman Forgang was born in Boston, grew up in Washington, DC, and has lived in both Northern and Southern California and Zurich, Switzerland.
She has an extensive background in statistics and analytics. Lisa has held executive roles in marketing, membership, and loyalty programs at The Walt Disney Company, Citi Cards, and Barnes and Noble. She received both her BA and MA from Stanford and her MBA from Harvard (HBS).
Lisa is a board member of the HBS Women’s Association of New York and was Vice President of the HBS Club of New York for eight years. She has been a lay leader with UJA-Federation for ten years and serves on the Leadership Committee of HBS Community Partners which provides pro bono consulting to non-for-profits.
Lisa lives in New York with her attorney husband Chuck. She has two adorable pre-teen nephews and two adult step-daughters. Lisa loves cruises and won't eat blue M&M's.
Front End Developer - TheChisel
Born and reared in Montpellier, in the South of France, Othman first became interested in computer programming when, at the age of 12, he started to handle and tweak private servers, build websites using PHP and MySQL, and develop video games in Lua. His passion for programming never faltered and he has since continued to work on side projects while dedicating his studies to understanding the mechanics of the corporate world.
Othman Lanizi received his BA in Business Administration from La Trobe University in Australia and his MBA from Montpellier Business School in France. His expertise lies in digital marketing, and how to interact and customize user interfaces to positively affect customers’ behavior.
As a Front-End Developer at TheChisel, Othman combines his marketing knowledge with his programming skills to address issues in a creative way. Othman is an avid learner and his self-taught repertoire of technologies includes the latest stacks.
Othman’s mother is French, and his father is Moroccan; he speaks French and basic Arabic and Japanese. He has chaired a French chapter of a youth mentoring program and during his free time he enjoys playing tennis and biking.
News and Photo Editor - Chisel by More Perfect Union
Bruno celebrated his rebirth on July 20, 2015 when he became a US citizen. Born in Vendée, France, Bruno has lived and worked in Los Angeles and New York since 2002.
He was most recently Photo Editor for Vocativ, an international citizens journalism site. He was Photography and Digital Editor of News Corp’s founding team for The Daily, the first news journal created with Steve Jobs for the iPad. Previously for 8 years, he headed the US operations of the French political and entertainment photo services agency Abaca in Los Angeles and New York.
For the first 10 years of his career, Bruno was a print journalist covering war in the Middle East and Formula 1 racing.
He holds a Diplome from Institut Pratique de Journalisme, the world’s first journalism school.
Bruno has been a political junkie and journalist since childhood. His family called him Tintin, Belgian's most famous cartoon character-- a reporter who travels the world looking for great stories. As a teenager, Bruno read Le Canard enchaîné (the French equivalent of The Onion meets The Economist) instead of doing homework. He promises that one day he will stop smoking.
1. Keep Alexander Hamilton on the $10 billMORE
From illegitimate son and orphan child to Founding Father. General Washington's wartime Chief of Staff. First Treasury Secretary. Founder of the Federalist Party and co-author of the Federalist Papers with James Madison and John Jay. Promoter of the US Constitution. Founder of our financial system. Creator of a national bank.
Let's continue acknowledging all Hamilton contributed to our US democracy, freedoms, and economy.
2. Drop Andrew Jackson from the $20 billMORE
Get a taste of Jackson from the 2010 Broadway rock musical Bloody Bloody Andrew Jackson:
3. Put Harriet Tubman on the $20 billMORE
In 1861, the first year of the Civil War, the US issued its first $20-denominated legal tender. It was a demand note featuring Lady Liberty holding a sword and shield.
Harriet Tubman saved hundreds of slaves by leading them to freedom via the Underground Railroad. In doing so, she risked her life and that of her family.
Harriet Tubman was a true Lady Liberty.
1. We'd creep ever so slightly toward gender equalityMORE
2. We'd further demonstrate our commitment to inclusive democracyMORE
3. We'd acknowledge the will of the people AND the wisdom of crowdsMORE
No change. Currency redesign occurs regularly. Cycles of currency changes and production have remained stable for decades.
Net Present Value
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