Alexander Hamilton
Alexander Hamilton
Alexander Hamiltonwas a Founding Father of the United States, chief staff aide to General George Washington, one of the most influential interpreters and promoters of the U.S. Constitution, the founder of the nation's financial system, the founder of the Federalist Party, the world's first voter-based political party, the founder of the United States Coast Guard, and the founder of The New York Post newspaper. As the first Secretary of the Treasury, Hamilton was the primary author of the economic policies...
NationalityAmerican
ProfessionPolitician
Date of Birth11 January 1757
CountryUnited States of America
government taxation debt
As to Taxes, they are evidently inseparable from Government. It is impossible without them to pay the debts of the nation, to protect it from foreign danger, or to secure individuals from lawless violence and rapine.
government attention debt
Allow a government to decline paying its debts and you overthrow all public morality-you unhinge all the principles that preserve the limits of free constitutions. Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possibly the incurring of any new debt.
blessing taxation debt
A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry;
country purpose debt
It is a well-known fact that in countries in which the national debt is properly funded, and an object of established confidence, it answers most of the purposes of money. Transfers of stock, or public debt, are there equivalent to payments in specie; or, in other words, stock, in the principal transactions of business, passes current as specie. The same thing would, in all probability, happen here, under the like circumstances.
practice debt policy
[S]ound policy condemns the practice of accumulating debts.
government debt may
Establish that a Government may decline a provision for its debts, though able to make it, and you overthrow all public morality, you unhinge all the principles that must preserve the limits of free constitutions.
blessing community debt
There are respectable individuals, who from a just aversion to an accumulation of Public debt, are unwilling to concede to it any kind of utility, who can discern no good to alleviate the ill with which they suppose it pregnant; who cannot be persuaded that it ought in any sense to be viewed as an increase of capital lest it should be inferred, that the more debt the more capital, the greater the burthens the greater the blessings of the community.
control difficulty enable framing government great lies next oblige
In framing a government which is to be administered by men over men the great difficulty lies in this: You must first enable the government to control the governed, and in the next place, oblige it to control itself.
comparison connect dangerous decision factions influence innocence interest itself rather side strength
In many cases, it will connect itself with preexisting factions and will enlist all the animosities, the partialities, the influence and the interest in one side or the other. And in such cases, it will always be dangerous that the decision will be regulated more by a comparison of strength of the parties, rather than the demonstration of innocence or guilt.
beast great
Your people, sir, is nothing but a great beast
general government interest less respected state union
I do not think it for the interest of the general government itself, and still less of the union at large, that the state governments should be so little respected as they have been.
becomes call credit effort fruit genius labor men mind night people pleased study subject
Men give me credit for some genius. All the genius I have is this. When I have a subject in mind. I study it profoundly. Day and night it is before me. My mind becomes pervaded with it... the effort which I have made is what people are pleased to call the fruit of genius. It is the fruit of labor and thought.
hold learned opinion popular value
I have learned to hold popular opinion of no value
independent branches separation
The same rule that teaches the propriety of a partition between the various branches of power, teaches us likewise that this partition ought to be so contrived as to render the one independent of the other.