The northern states were not about to override their southern brethren on the slavery issue. All along, the American Revolution had been premised on a tacit bargain that regional conflicts would be su...
The panic was blamed on many factors—tight money, Roosevelt’s Gridiron Club speech attacking the malefactors of great wealth, and excessive speculation in copper, mining, and railroad stocks. The imme...
The paper currency was depreciating rapidly. Hence, for the first time, Hamilton began to fiddle with ideas for creating a national bank, through a mixture of foreign loans and private subscriptions.
Bibulous,
In March 1780, Congress tried to restore monetary order by issuing one new dollar in exchange for forty old ones, a move that wiped out the savings of many Americans.
Predictably, northern military units predominated, but the presence of Confederate soldiers touched onlookers. It was quite a sight to see the Stonewall Brigade [march] up Fifth Avenue with their drum...
Greed can corrupt a state and that a public official who betrays his trust ought to feel the utmost rigor of public resentment and be detested as a traitor of the worst and most dangerous kind.
The residence law that passed Congress in July 1790, establishing Philadelphia as the interim capital,
The rich could put their own interests above the national interests.
The sacred rights of mankind are not to be rummaged for among old parchments or musty records. They are written, as with a sunbeam, in the whole volume of human nature by the hand of the divinity itse...
Peroration,
The same day, Hamilton wrote to James McHenry
On April 30, 1796, Federalists eked out a razor-thin victory of fifty-one to forty-eight in the House to make money available for the Jay Treaty.
When Grant read this, he was outraged at the shocking suggestion that he had subverted justice. He handed the letter to Bristow with a passionate admonition scrawled across it: Let no guilty man escap...
His view that in framing a government every man ought to be supposed a knave and to have no other end in all his actions but private interests. The task of government was not to stop selfish striving—...
Oh how blessed the young men are who have to struggle for a foundation and a beginning in life. I shall never cease to be grateful for the three and a half years of apprenticeship and the difficulties...
Fearful of being overshadowed by an expanding Republican slave empire in the west, some New England Federalists began to talk of secession from the union. Such plans formed part of the context for the...
Factions can become potent engines, by which cunning, ambitious, and unprincipled men will be enabled to subvert the power of the people and to usurp for themselves the reins of government.
At the same time, the mounting fear of Hamilton among Jefferson, Madison, and their supporters cohered into an organized opposition that began to call itself Republican. Alluding to the ancient Roman...
Where Hamilton looked at the world through a dark filter and had a better sense of human limitations, Jefferson viewed the world through a rose-colored prism and had a better sense of human potentiali...
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