Alexander Hamilton
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Alexander Hamilton (January 11, 1755 or 1757 – July 12, 1804) was an American politician, leading statesman, financier, intellectual, military officer, and founder of the Federalist Party. One of America's leading constitutional lawyers, he was an influential delegate to the U.S. Constitutional Convention. He was one of the two principal authors of the Federalist Papers, which has been the single most important interpretation of the Constitution ever since.
He was the first and most influential Secretary of the Treasury and, due to Washington's system of cabinet Government, and had much influence over the rest of the Government and the formation of policy, including foreign policy. With a vision of using federal power to modernize the nation, he convinced Congress to use an elastic interpretation of the Constitution to pass far-reaching laws. They included the creation of a national debt, federal assumption of the state debts, creation of a national bank, and a system of taxes through a tariff on imports and a tax on whiskey that would pay for it all. In foreign affairs he favored the British, helped reach an agreement with them in 1794 that promoted trade and resolved [Quote from source requested on [talk page] to verify interpretation of source]
Hamilton created and dominated the Federalist party, the first American political party, which he built up using patronage, networks of elite leaders, and aggressive newspaper editors. His great adversary was Thomas Jefferson, who opposed his urban, financial, industrial pro-British vision and created a rival party. Hamilton retired from the Treasury in 1795 to practice law but returned to the public arena in 1798 as organizer of a new army, one designed to defend against the French by attacking the colonies of their ally, SpainMorison and Commager p. 327; Hamilton also used it to threaten the state of Virginia. He worked to defeat both Adams and Jefferson in the election of 1800; but when the House of Representatives deadlocked, he helped secure the election of Jefferson over Aaron Burr.
Historians regard Hamilton as the Founding Father who most effectively advocated the principles of a strong centralized federal government and elastic interpretation of the Constitution. He supported a strong national defense, solid national finances based on a national debt that linked the national government to the wealthy men across the country, and a strong banking system. His Report on Manufactures envisioned an industrial nation in what was then a rural country. It advocated aid to infant industries (but that program did not pass). More than any of the Founding Fathers (except perhaps Jay), he expressed detestation for slavery.David Brion Davis, Inhuman Bondage p. 154.[[VerifiabilityNot in citation given]]. During the Revolution he wrote the Continental Congress, support a plan to Congress to arm slaves for combat duty, and free them, as the Continental Army and the British had become accustomed to doing.McManus, p.153-8 As a leader of antislavery forces in New York he helped stop the international trade based in the city, and helped secure the gradual abolition of slavery in the state beginning 1799.#redirect [[Template:Fact]] His racial views, while not entirely egalitarian, were relatively progressive for his day, concludes historian James Horton.Horton p.19.
Hamilton was deeply committed to the principles of republicanism, as articulated most clearly in the federalist Papers. His nationalist and modernizing vision was rejected in the Jeffersonian "Revolution of 1800." However, after the weaknesses revealed by the War of 1812, former opponents came to emulate his programs as they too set up a national bank, tariffs, internal improvements, and an army and navy. The later Whig and Republican parties adopted many of Hamilton's themes but his negative reputation after 1800 did not allow them to acknowledge him as a direct inspiration until his style of nationalism became prominent again about 1900.
- 1 Early years
- 2 Hamilton at school
- 3 Hamilton as soldier
- 4 Under the Confederation
- 5 Constitution and the ''Federalist Papers''
- 6 Secretary of the Treasury: 1789-1795
- 7 Hamilton as an industrialist
- 8 Out of the Cabinet
- 9 Family life
- 10 Duel with Aaron Burr
- 11 Hamilton's legacy
- 12 Hamilton's influence on economics
- 13 EIR Notes
- 14 Notes
- 15 References
- 16 See also
- 17 External links
Early years
Alexander Hamilton was born in the West Indies island of Nevis to James Hamilton, the fourth son of a Scottish laird, and Rachel Fawcett Lavien (the spelling of Lavien varies) of French Huguenot descent, who had been married to another man. (The couple may have lived apart from one another under an order of legal separation; since Rachel was the guilty party, re-marriage was impossible.) There is some uncertainty as to the year of Hamilton's birth; he used January 11 as his birthday, and there is no reason to doubt it. "Most historians now give January 11, 1755, as Hamilton's birthday"; some disagree. He claimed 1757 as his birth year when he first came to North America; but the Dane, Ramsing, found, in 1930, that he is recorded as thirteen in the probate papers after his mother's death - which would make him two years older. He was often approximate about his age thereafter. Various explanations of this have been suggested: He may have been trying to appear younger than his college classmates, and so precocious; he may have been avoiding standing out as older; the probate document may be wrong; he may have been passing as older than he was, and so more employable, at his mother's death. Chernow, Flexner, Mitchell's Concise Life. Quotation from McDonald, 366, n.8, who nevertheless gives 1757; he discounts the probate document because the clerk gives another spelling of "Lavien", and must therefore be unreliable.
Hamilton was always sensitive about his illegitimate birth. Hamilton's childhood was Dickensian. His father abandoned his two sons—with severe emotional consequences, even for the times—in the course of breaking with Hamilton's mother. Business misfortunes having caused his father to leave St. Croix, and his mother having died suddenly of a fever in 1768, young Hamilton was effectively orphaned.
Hamilton's business career began in 1768 when he became a clerk in the counting house of Nicholas Cruger. Cruger took a trip off-island in 1771-1772, leaving young Hamilton in charge of business affairs for six months. He displayed a remarkable flair for business and leadership skills that involved dealing with senior ship captains and businessmen on an equal basis. In May 1772, Hugh Knox, a Presbyterian minister came to St. Croix. He opened his library to Hamilton, and preached about sobriety and the evils produced by slavery. He influenced Hamilton greatly; some biographers derive Hamilton's opposition to slavery from Knox. In September, Knox, who also edited the local paper, published a remarkable letter by Hamilton describing and moralizing about a devastating hurricane. The islanders, perhaps chiefly Knox and Cruger, raised a fund to send the young man to America for schooling.
Hamilton at school
In 1773, Hamilton attended a college-preparatory program with Francis Barber in Elizabeth, New Jersey; he was admitted to Princeton in rural New Jersey but instead attended King's College (later renamed Columbia College) in New York City, the center of revolutionary fervor. He soon became an intellectual leader of the patriotic cause. When Anglican clergyman Samuel Seabury published a series of pamphlets promoting the Tory cause with conviction, Hamilton struck back with his first political writings, A Full Vindication of the measures of Congress, and The Farmer Refuted written 1774-1775. He published two other pieces attacking the Quebec Act as "establishing arbitrary power and Popery" in CanadaMorison and Commager, p. 160; Miller p. 19 , and he wrote fourteen anonymous installments of "The Monitor" for Holt's New York Journal.Hamilton as soldier
Through his connections with influential New York patriots like Alexander McDougall and John Jay, he raised his own artillery company of sixty men, drilling them, selecting and purchasing their uniforms with donated funds, and winning their loyalty; they chose the 19-year old as their captain. He won the interest of Nathanael Greene and George Washington by the proficiency and bravery he displayed in the campaign of 1776 around New York City. He and his King's College compatriots briefly, but seriously, engaged the British.He joined Washington's staff in March 1777 with the rank of lieutenant-colonel, and for four years served in effect as his chief of staff Chernow p 90. He handled the paperwork and drafted many of Washington's orders and letters (but Washington always made the decisions and gave the commands). He negotiated with general officers as Washington's emissary. Lodge 1: 15-20; Miller 23-26The important duties with which he was entrusted attest Washington's entire confidence in his abilities and character; then and afterward. Indeed, reciprocal confidence and respect initially took the place of personal attachment in their relations. During the war Hamilton became close friends with several fellow officers, including John Laurens and the Marquis de Lafayette.
Hamilton repeatedly sought independent command, especially of small units. He became impatient of detention in what he regarded as a position of unpleasant dependence, and, in February 1781, he seized a slight reprimand administered by Washington as an excuse for resigning his staff position. But later, through Washington, he secured a field command: he led an (elite) light infantry regiment that took Redoubt #10 of the British fortifications at Yorktown.Mitchell, p. 254-60; Morison and Commager, p. 160
Under the Confederation
After the war, he served as a member of the Congress of the Confederation (from 1782 to 1783), and then retired to open his own law office in New York City. He specialized in defending Tories and British subjects, as in Rutgers v. Waddington, in which he largely defeated a claim for damages done to a brewery by the Englishmen who occupied it during the occupation of New York; pleading that the Mayor's Court should interpret state law to be consistent with the peace treaty. Chernow, p. 197-9, McDonald p. 64-9In 1784, he founded the Bank of New York, now the oldest ongoing banking organization in the United States, and was also instrumental, along with John Jay, in the revitalization of King's College, which had been severely crippled by the war and discredited for its Tory affiliations, as Columbia College. His public career resumed when he attended the Annapolis Convention as a delegate in 1786, and drafted its resolution for a Constitutional convention.
Constitution and the Federalist Papers
In 1787, he served in the New York State Legislature and was the first delegate chosen to the Constitutional Convention. Hamilton's direct influence at the Convention was limited when New York appointed two more delegates who usually disagreed with him. Since the Convention voted by states, this meant New York's vote was usually against him.Early in the Convention, he made a speech presenting the best form of government for the United States. The ideal form of government would represent all the interest groups, but have a hereditary monarch to decide policy. This was impractical in the United States; but we should come as close to it as we could. He proposed, therefore, of a President and Senators for life, but an elected assembly; and the abolition of the state governments. He was to say, much later, that his "final opinion" in the Convention was that the President should have a three year term. The notes of the Convention are rather brief; there has been some argument that he must have put forward a longer, and more republican, plan. Mitchell, p. 394-6.
During the convention he constructed a draft, on the basis of the debates, which he did not actually present. This has most of the features of the actual Constitution, down to such details as the three-fifths clause, but not all of them. The Senate is elected in proportion to population, being two-fifth the size of the House, and the President and Senators are elected through complex multi-stage elections, in which chosen electors elect smaller bodies of electors; they still held office for life, but were removable for misconduct. The President would have an absolute veto. The Supreme Court was to have immediate jurisdiction over all suits involving the United States, and State governors were to be appointed by the Federal Government. Mitchell, p. 397 ff.
Hamilton was satisfied with the proposed U.S. Constitution, even though it gave lifetime tenure only to judges, not to the President or Senate, he took the lead in the successful campaign for its ratification in New York. Hamilton recruited John Jay and James Madison to write a defense of the proposed Constitution. It was he who made the largest single contribution to the authorship of the Federalist Papers (writing 51 of the 85 that were published), which were influential in that state and others during the debates over ratification. The Federalist Papers are more often cited than any other primary source by jurists, lawyers, historians and political scientists as the major contemporary interpretation of the Constitution.
In 1788, Hamilton served yet another term in what proved to be the last time the Continental Congress met under the Articles of Confederation.
Secretary of the Treasury: 1789-1795
On the advice of financier Robert Morris President George Washington appointed Hamilton as the first Secretary of the Treasury. Hamilton served in the Treasury Department from September 11, 1789, until January 31, 1795. It is for his tenure as Treasury secretary, as well as his contributions to the Federalist Papers, that Hamilton is considered one of America's greatest early statesmen. He was in many ways Washington's most trusted advisor, handling critical domestic and foreign policies, and writing drafts of important messages such as Washington's Farewell Address in 1796.Hamilton's term was marked by innovation, planning and masterful reports. In office for barely a month, he proposed the creation of a seagoing branch of the military to discourage smuggling and enhance tax collections. The following summer, Congress authorized a Revenue Marine force of ten cutters, the precursor to the United States Coast Guard. He also played a crucial role in creating the United States Navy (the Naval Act of 1794). Hamilton's perceptive and creative mind, coupled with a driving ambition to set his ideas in motion, resulted in many proposals to Congress. His proposals included a plan for tariffs and excise taxes (on whiskey especially) for raising revenue, and funding the Revolutionary War debt including debts owed by the states. He developed the plans for the First Bank of the United States and secured its adoption by Congress.
Funding the debt
Through a series of reforms, including a simple, workable tax system, an independent central bank, and a dollar tied to gold, Hamilton converted the $80 million national debt from a liability into an asset and provided liquidity to a cash-starved economy. To Hamilton, a national debt was not an evil but, "if it is not excessive, will be a national blessing"; in times of crisis, he argued, it would become a necessary strategic instrument of national policy.In 1790, Hamilton put forth a plan to pay off at face value the international and internal debts run up by the Continental Congress, and the debts of the states they acquired in fighting the Revolution. He consolidated all into one national debt; people would turn in their paper at face value and receive federal bonds. He proposed to pay off all foreign debt to help restore credit in Europe, which would then enable the nation to issue bonds to pay off the domestic debt. Rich Americans would eagerly purchase the new bonds, thus guaranteeing that the "aristocracy of wealth and talent" had a stake in the success of the new government. His plan was for the Treasury to assume the state debts, which would stabilize the country and prevent any one state from pulling down the system.
Hamilton, contrary to popular belief, did not believe in perpetual debt. He thought it was a weakness that should be avoided except under exceptional circumstances. He had set up a sinking fund that would have paid off all government debt, and wrote numerous articles denouncing perpetual government debt. PAH, vol. 6, pp. 98-106; Report on Public Debt, January 1790; and PAH, vol. 12, p. 570; Fact No. II National Gazette, Philadelphia, October 16, 1792.
He published the [Report on the Public Credit] in January 1790. It was a milestone in American financial history, marking the end of an era of slipshod finance and debt repudiation which had virtually ruined American credit. The secret of British economic superiority and stable government, Hamilton argued, was its successful handling of debt.
James Madison and Thomas Jefferson strongly opposed Hamilton's financial plans, arguing that a bank was unconstitutional, that the original debt holders often sold their certificates and the new owners --who mostly lived in the North--did not deserve full payment. Hamilton argued that the rich and powerful men of every state, who held the state debt certificates, would give their loyalty to the national government if they had a financial investment in it. That is, the national debt could create national loyalties and without that loyalty the new nation would risk not having enough credit it might need in a future war. After six months of rancorous debate, Hamilton, Jefferson and Madison met and worked out [The Compromise of 1790]. The national capital would move from New York City to Philadelphia for ten years, and then permanently to what would later be called Washington DC (District of Columbia). In return, both the funding of the Confederation debt and the assumption of the state debts would pass Congress. Furthermore, the Northern anti-slavery forces would allow the removal of the capital to a slave state.
When Jefferson alleged that a federal debt would create irresistible opportunities for corruption that would lead to monarchy, Hamilton slashed back, telling Washington that Jefferson's systematic opposition would lead to anarchy and then monarchy, and was a more dangerous threat:
- The only path to a subversion of the republican system of the Country is, by flattering the prejudices of the people, and exciting their jealousies and apprehensions, to throw affairs into confusion, and bring on civil commotion. Tired at length of anarchy, or want of government, they may take shelter in the arms of monarchy for repose and security. Those then, who resist a confirmation of public order, are the true Artificers of monarchy. Hamilton to Washington, August 18, 1792, as cited in McDonald p 253
New federal taxes; Whiskey rebellion
Hamilton asked for a whiskey tax and a high import tariff to help pay for the debt and increase domestic manufacturing (Report on Manufactures). Congress gave him the whiskey tax (excise tax) and the tariff but at a rate lower than he had wished. Finally, Hamilton asked for the creation of a national bank (First Bank of the United States) to help the government fulfill its financial obligations and create some income due to interest on loans and power to create a national currency through issuance of public credit.Strong opposition to taxing liquor erupted into the Whiskey Rebellion in Western Pennsylvania and Virginia in 1794. Hamilton felt compliance with the laws was important, so he accompanied President Washington, General "Light Horse Harry" Lee and Federal troops to help put down the insurrection, virtually without bloodshed.
Hamilton, trying to promote close ties with Britain, repeatedly undercut the Secretary of State Jefferson, who feared Britain and wanted closer ties with France. By 1793 this disagreement became one of the major factors in Jefferson's creation of a new Republican party.
Hamilton as an industrialist
Hamilton was among the first to predict an industrial future. In 1778, he visited the Great Falls of the Passaic River in northern New Jersey and saw that the falls could one day be harnessed to provide power for a manufacturing center on the site. As Secretary of the Treasury, he put this plan into motion, helping to found the Society for the Establishment of Useful Manufactures, a private corporation that would use the power of the falls to operate mills. Although the company did not succeed in its original purpose, it leased the land around the falls to other mill ventures and continued to operate for over a century and a half.
Out of the Cabinet
In 1794, Hamilton became intimately involved in an affair with Maria Reynolds that badly damaged his reputation and prevented him from trying for the presidency. Reynolds's husband, James, blackmailed Hamilton for money. When James Reynolds was arrested for counterfeiting, he contacted several prominent Jeffersonian Republicans, most notably James Monroe. When they visited Hamilton with their suspicions of malfeasance, he insisted he was innocent of any misconduct in public office, and admitted to an affair with Maria Reynolds. When rumors began spreading, Hamilton was forced to publish a confession of his affair, which shocked his family and supporters.
Hamilton's resignation as Secretary of the Treasury in 1795 did not remove him from public life. With the resumption of his law practice, he remained close to Washington as an adviser and friend. Hamilton influenced Washington in the composition of his Farewell Address, and Washington often consulted with him, as did members of his Cabinet. Relations between Hamilton and Washington's successor, John Adams, however, were frequently strained. Adams resented Hamilton's influence with Washington, and considered him overambitious and scandalous in his private life; Hamilton compared Adams unfavorably with Washington, and thought him too emotionally unstable to be president. During the Quasi-War of 1798-1800, and with Washington's strong endorsement, Adams very reluctantly appointed Hamilton a major general of the army.
Hamilton proceeded to set up an army, which was to march into the possessions of Spain, then allied with France, and take Louisiana and Mexico, His correspondence further suggests that when he returned in military glory, he dreamed of setting up a properly energetic government, without any Jeffersonians, Adams, however, derailed all plans for war, by opening negotiations with France.Morison and Commager, p.327
Adams had also held it right to retain Washington's cabinet, except for cause; he found, in 1800, that they were asking advice of Hamilton, rather than himself, and fired several of them. Hamilton also wrote a pamphlet which was highly critical of Adams (although it closed with a tepid endorsement) which may have hurt Adams's 1800 reelection campaign and split the Federalist Party, contributing to the victory of the Democratic-Republican Party, led by Jefferson, in the election of 1800. He did propose, however, that New York, which had gone for Jefferson and Burr, should have its election rerun with carefully chosen districts; John Jay, who had given up the Supreme Court to be Governor of New York, declined to support this unbecoming proposal.Monaghan, p. 419-421. He foresaw the possibility of a tie; while there were still hopes of a Federalist majority, he wrote Federalist Electors suggesting that they not vote for Adams, but still vote for his running mate Charles Cotesworth Pinckney.
Although Jefferson had beaten Adams, both he and his nominal running mate, Aaron Burr, received 73 votes in the Electoral College. At the time, electors did not cast distinct ballots for a President and Vice President, but rather each had two votes, with the highest vote-getter becoming President, and the second-place finisher becoming Vice President. (In large part as a result of this election, the Twelfth Amendment was proposed and ratified, adopting the method under which presidential elections are held today.) With Jefferson and Burr tied, the United States House of Representatives had to choose between the two men. Several Federalists who opposed Jefferson supported Burr, but Hamilton reluctantly threw his weight behind Jefferson, causing one Federalist congressman to abstain from voting after 36 tied ballots. This ensured that Jefferson was elected President rather than Burr. Even though Hamilton did not like Jefferson and disagreed with him on many issues, he was quoted as saying, "At least Jefferson was honest." Burr then became Vice President of the United States. When it became clear that he would not be asked to run again with Jefferson, Burr sought the New York governorship in 1804, but was badly defeated.
Family life
In spring 1779 Hamilton asked his friend John Laurens to find him a wife in South Carolina: [Mitchell vol 1 p 199]:"She must be young--handsome (I lay most stress upon a good shape) Sensible (a little learning will do)--well bred. . . chaste and tender (I am an enthusiast in my notions of fidelity and fondness); of some good nature--a great deal of generosity (she must neither love money nor scolding, for I dislike equally a termagant and an oeconomist)--In politics, I am indifferent what side she may be of--I think I have arguments that will safely convert her to mine--As to religion a moderate stock will satisfy me--She must believe in god and hate a saint. But as to fortune, the larger stock of that the better."
Hamilton however found his own bride--one who matched his specifications. On December 14, 1780, he married Elizabeth Schuyler, daughter of General Philip Schuyler, and thus joined one of the richest and most political families in the state of New York.
Hamilton grew extremely close to Eliza's sister Angelica Church, who was married to a Member of Parliament. Chernow, p. 133
Hamilton's widow Elizabeth (known as Eliza or Betsey) survived him for fifty years, until 1854; Hamilton had referred to her as "best of wives and best of women." An extremely religious woman, Eliza spent much of her life working to help widows and orphans. After Hamilton's death, she co-founded New York's first private orphanage, the New York Orphan Asylum Society. Despite the Reynolds affair, Alexander and Eliza were very close and as a widow she always strove to guard his reputation and enhance his standing in American history.
Duel with Aaron Burr
Soon after the election, a newspaper referred to a "despicable opinion" attributed to Hamilton about Burr. This probably resulted from comments Hamilton made in private, sarcastically questioning Burr's integrity. Sensing a chance to regain political honor, Burr demanded an apology. Hamilton refused on the grounds that he could not recall the instance.
After an exchange of testy letters, and despite the attempts of mutual friends to avert a confrontation, a duel was nevertheless scheduled for July 11, 1804 along the bank of the Hudson River beneath a rocky ledge in Weehawken, New Jersey.
-->At dawn, the duel began, and Vice President Aaron Burr shot Hamilton. Hamilton's shot was fired into the air away from his opponent. A letter that he wrote the night before the duel states, "I have resolved, if our interview [duel] is conducted in the usual manner, and it pleases God to give me the opportunity, to reserve and throw away my first fire, and I have thoughts even of reserving my second fire." The circumstances of the duel, and Hamilton's actual intentions, are still disputed; the guns were obtained by Hamilton, they have survived, and they have a hair-trigger setting that may be switched on or off.
After considerable suffering, Hamilton died the next day and was buried in the Trinity Churchyard Cemetery in Manhattan (Hamilton was Episcopalian). Gouverneur Morris, a political ally of Hamilton's, gave the eulogy at his funeral and secretly established a fund to support his widow and children; Hamilton's oldest son, Philip, had also been killed in a duel in Weehawken in 1801--defending his father's honor.
Hamilton's legacy
From the start, Hamilton set a precedent as a Cabinet member by dreaming up federal programs, writing them in the form of reports, pushing for their approval by appearing in person to argue them on the floor of Congress, and then implementing them. Hamilton did this brilliantly and forcefully, setting a high standard for administrative competence.Another of Hamilton's legacies was his strongly pro-federal interpretation of the U.S. Constitution. Though the Constitution was drafted in a way that was somewhat ambiguous as to the balance of power between Federal and state governments, Hamilton consistently took the side of greater Federal power at the expense of states. Thus, as Secretary of the Treasury, he established, against the intense opposition of Secretary of State Thomas Jefferson, the country's first national bank. Hamilton justified the creation of this bank, and other robust Federal powers, on Congress's constitutional powers to issue currency, to regulate interstate commerce, and anything else that would be "necessary and proper." Jefferson, on the other hand, took a stricter view of the Constitution: parsing the text carefully, he found no specific authorization for a national bank. This controversy was eventually settled by the Supreme Court of the United States in McCulloch v. Maryland, which in essence adopted Hamilton's view, granting the federal government broad freedom to select the best means to execute its constitutionally enumerated powers, specifically the doctrine of implied powers.
Hamilton’s portrait began to appear during the Civil War on the $2, $5, $10, and $50 notes. His face continues to grace the front of the ten dollar bill, but after the death of Ronald Reagan, some suggested replacing Hamilton with Reagan; Hamilton, however, survived. Hamilton also appears on the $500 Series EE Savings Bond.
On the south side of the Treasury Building in Washington, D.C. is a statue of Hamilton. Inscribed on the inside facing the building are these words:
- :He smote the rock
- :Of the natural resources,
- :And abundant streams
- :Of revenue gushed forth.
- :He touched the dead corpse
- :Of the public credit, and
- :It sprung upon its feet.
Hamilton on slavery
Some biographers portray Hamilton as an intense and committed abolitionist; others as hypocritical, or inconsistent. One supporter of Hamilton sees his declamations about British efforts to reduce the colonists to slavery as concealing attacks on Negro slavery. It is possible that a deep and complex ambivalence is a better explanation than either.Weston; conclusion is Weston's view
In 1779, his friend John Laurens made a proposal to arm three or four battalions of slaves under Laurens' command; and emancipate them, as was the standard practice in the Continental Army for enlisted slaves; some states were to require it before the end of the war. McManus, p.157 Hamilton wrote Congress in support of this proposal; but there was enough resistance in South Carolina to defeat it, even though the situation was so desperate that the governor had also written Congress in favor of it. Wallace p 455/
Hamilton argued that blacks' natural faculties were as good as those of free whites; and forestalled objections by citing Frederick the Great and others as praising obedience and lack of cultivation in soldiers; he also argued that if the Americans didn't do this, the British would (as they had elsewhere). One of his biographers has cited this incident as evidence that Hamilton and Laurens saw the Revolution and the struggle against slavery as inseparable. letter to Jay of [14 March 1779]; Chernow p.121. McManus, p. 154-7
He later attacked his political opponents as demanding freedom for themselves and refusing to allow it to blacks. McDonald, p. 34; Flexner, p. 257-8,
In 1785 he helped organize the (New York) Society for Promoting Manumissions. John Jay was president and Hamilton was Secretary; he later became President. This was the second abolitionist society in the country.([Disputed statementdisputed]—see [Disputed statementdisputed]—see [Toussaint L'Ouverture's black government in Haiti after he revolted and overthrew French control; as he had supported aid to the slaveowners in 1791 - both measures hurt France. Horton; Kennedy 97-98 Littlefield. Wills, p. 35, 40
He owned household slaves himself, and bought and sold them for his friends. He supported a gag rule to keep divisive discussions of slavery out of Congress, and supported the compromise by which the United States could not abolish the slave trade for twenty years.Flexner. 39
Columbia College, Hamilton's alma mater, whose students formed his makeshift artillery company and fired some of the first shots against the British, has official memorials to Hamilton. The College's main classroom building for the humanities is Hamilton Hall, and a large statue of Hamilton stands in front of it. The University Press has published his complete works in a multivolume letterpress edition.
The main administration building of the Coast Guard Academy is named Hamilton Hall, because he founded the Coast Guard.
Rapid progress ... is in a great measure to be ascribed to the fostering care of government.... The trade of] France ... [would not] have been at this time in so prosperous a condition had it not been for the abilities and indefatigable endeavors of the great Jean-Baptise Colbert. He laid the foundation of the French commerce, and taught the way to his successors to enlarge and improve it. The establishment of the woolen manufacture, in a kingdom, where nature seemed to have denied the means, is one among many proofs, how much may be effected in favour of commerce by the attention and patronage of a wise administration. The number of useful edicts passed by Louis the 14th, and since his time, in spite of frequent interruptions from the jealous enmity of Great Britain, has advanced that of France to a degree which has excited the envy and astonishment of its neighbors.
In 1783, as Shelburne's new government signed a peace treaty, Adam Smith issued an updated version of the Wealth of Nations, complaining that "Mr. Colbert, the famous minister of Lewis XIV ... [endeavored to regulate] the industry and commerce of a great country upon the same model as the departments of a public office; and instead of allowing every man to pursue his own interest in his own way ... he bestowed upon certain branches of industry extraordinary privileges, while he laid others under as extraordinary restraints ... [Colbert preferred] the industry of the towns above that of the country."
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From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.Hamilton's influence on economics
Alexander Hamilton is sometimes considered the "patron-saint" of the American School of economic philosophy that, according to one historian, dominated economic policy after 1861. Lind, Michael. Hamilton's Republic (1997) pages xiv-xv, 229-30. He inspired the writings and work of Friedrich List and Henry C. Carey. Memorial at Colleges
Alexander Hamilton served as one of the first trustees of the Hamilton-Oneida Academy when it opened the school in 1793. When the academy received a college charter in 1812 the school was formally renamed Hamilton College. There is a prominent statue of Alexander Hamilton in front of the school's chapel (commonly referred to as the "Al-Ham" statue) and the Burke Library has an extensive collection of Hamilton's personal documents. EIR Notes
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