Alexander Hamilton Quotes
It is an unquestionable truth, that the body of the people in every country desire sincerely its prosperity. But it is equally unquestionable that they do not possess the discernment and stability necessary for systematic government. To deny that they are frequently led into the grossest of errors, by misinformation and passion, would be a flattery which their own good sense must despise.
Hamilton, Alexander. Speech in the Constitutional Convention, 18 June 1787. The Records of the Federal Convention of 1787, vol. 1, edited by Max Farrand, Yale University Press, 1911, p. 299.
Asked by one of his students about the essentials of good government:. Asked which of the three could be dispensed with first, if necessary, Confucius answered, "Armament." Asked what could be dispensed with second, he answered, "Food." The Master then added:
The Red Scare had already reached most conservatives and Truman and most others had not yet been affected by the fear of Communism that so many people had through the 1970s.
Alexander Hamilton was an American statesman, politician, legal scholar, military commander, lawyer, banker, and economist. He was one of the Founding Fathers of the United States. He was an influential interpreter and promoter of the U.S. Constitution, as well as the founder of the nation's financial system, the Federalist Party, the United States Coast Guard, and the New York Post newspaper. As the first secretary of the treasury, Hamilton was the main author of the economic policies of George Washington's administration. He took the lead in the federal government's funding of the states' debts, as well as establishing the nation's first two de facto central banks, the Bank of North America and the First Bank of the United States, a system of tariffs, and friendly trade relations with Britain. His vision included a strong central government led by a vigorous executive branch, a strong commercial economy, government-controlled banks, support for manufacturing, and a strong military.
