Alexander Hamilton
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Read between November 21 - December 31, 2017
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In early January 1776, a self-taught English immigrant, Thomas Paine, who had arrived in Philadelphia two years earlier, provided Hamilton with a perfect model when he anonymously published Common Sense.
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“It always appeared a most iniquitous scheme to me—to fight for ourselves for what we are robbing and plundering from those who have as good a right to freedom as we have.”
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“The claims of the army, urged with moderation but with firmness, may operate on those weak minds which are influenced by their apprehensions more than their judgments. .
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“Your Excellency has, in my opinion, acted wisely. The best way is ever not to attempt to stem a torrent but to divert it.
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The Philadelphia mutiny had major repercussions in American history, for it gave rise to the notion that the national capital should be housed in a special federal district where it would never stand at the mercy of state governments.
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he was a better listener than talker. Hamilton was easy to ruffle, whereas Burr hid his feelings behind an enigmatic facade.
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If America acted wisely, Hamilton believed, it had a historic opportunity to refute the skeptics of democracy and to doom despots everywhere.
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He said people were tiring in their enthusiasm for “democracy,” by which he meant direct representation or even mob rule, as opposed to public opinion
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filtered through educated representatives.
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This was the great paradox of his career: his optimistic view of America’s potential coexisted with an essentially pessimistic view of human nature. His faith in Americans never quite matched his faith in America itself.
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One who knew his habits of study said of him that when he had a serious object to accomplish, his practice was to reflect on it previously. And when he had gone through this labor, he retired to sleep, without regard to the hour of the night, and, having slept six or seven hours, he rose and having taken strong coffee, seated himself at his table, where he would remain six, seven, or eight hours. And the product of his rapid pen required little correction for the press. 27
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When Jay fell ill, Madison brilliantly leaped into the void with his celebrated Federalist number 10, the most influential of all the essays, in which he took issue with Montesquieu’s theory that democracy could survive only in small states.
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Hamilton concluded a few essays later that war was an inescapable fact of life: “the fiery and destructive passions of war reign in the human breast with much more powerful sway than the mild and beneficent sentiments of peace.” 54
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“We have been guarding against an evil that old states are most liable to, excess of power in the rulers. But our present danger seems to be defect of obedience in the subjects.”
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“Such is the nature of public credit, that nobody would lend their money to the support of the state, under the most pressing emergencies, unless they could have the privilege of buying and selling their property in the public funds, when their occasions required.” 17 Inviolable property rights lay at the heart of the capitalist culture that Hamilton wished to enshrine in America.
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“In nothing are appearances of greater moment than in whatever regards credit. Opinion is the soul of it and this is affected by appearances as well as realities.”
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This falling-out was to be more than personal, for the rift between Hamilton and Madison precipitated the start of the two-party system in America.
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“If there be an object truly ridiculous in nature, it is an American patriot, signing resolutions of independence with the one hand and with the other brandishing a whip over his affrighted slaves.”
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Throughout the 1790s, planters posed as the tribunes of small farmers and denounced the depravity of stocks, bonds, banks, and manufacturing—the whole wicked apparatus of Hamiltonian capitalism.
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is wonderful how much may be done if we are always doing.”
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“The most effectual means of being secure against pain is to retire within ourselves and to suffice for our own happiness.” 7
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And to the extent that a central government was necessary, he wanted a strong Congress with a weak executive. Most of all, Jefferson wished to preserve state sovereignty against federal infringement. Since Hamilton’s agenda was to strengthen the central government, bolster the executive branch at the expense of the legislature, and subordinate the states, it embodied everything Jefferson abhorred.
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As a courtly gentleman of impeccable manners, Jefferson shrank from disagreement. Unlike Hamilton, a swashbuckler who reveled in debate, Jefferson hated controversy and was more guarded than Hamilton in exposing his thoughts.
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Alexander Hamilton was trying through his assumption plan to preserve the union, and yet nobody, for the moment, seemed to be widening its divisions more.
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“Whoever considers the nature of our government with discernment will see that though obstacles and delays will frequently stand in the way of the adoption of good measures, yet when once adopted, they are likely to be stable and permanent. It will be far more difficult to undo than to do.”
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To prevent an abuse of trust, Hamilton suggested mandatory rotation.
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“The spirit of gaming, once it has seized a subject, is incurable. The tailor who has made thousands in one day, tho[ugh] he has lost them the next, can never again be content with the slow and moderate earnings of his needle.”
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There is again a Dickensian quality to his story: the young hero escapes a tawdry life only to be lured back into it by a pair of
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unscrupulous swindlers.
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“Wars oftener proceed from angry and perverse passions than from cool calculations of interest.” 12
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“The duty of piety has been ridiculed, the perishable nature of man asserted, and his hopes bounded to the short span of his earthly state. Death has been proclaimed an eternal sleep.”
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The consolations of religion, my beloved, can alone support you and these you have a right to enjoy. Fly to the bosom of your God and be comforted. With my last idea, I shall cherish the sweet hope of meeting you in a better world. Adieu best of wives and best of women. Embrace all my darling children for me.