Alexander Hamilton

Alexander Hamilton by John Trumbull 1792.

Alexander Hamilton (January 11, 1757 - July 12, 1804) was one of the most important, and most conservative and nationalistic, of the Founding Fathers of the United States. As the nation's first Secretary of the Treasury, his far reaching vision put the United States on an stable financial basis and promoted national unity. He founded the Federalist Party, the first popular political party in the world. In 1788 he wrote half the Federalist Papers (along with James Madison, with a few John Jay, which helped ratify the Constitution and remain a major interpretation of what the Constitution means.

Early life

Hamilton was born out of wedlock in the British West Indies. A prodigy, he was handling merchant accounts as a teenager, and his essay on a hurricane attracted patrons who paid his way to the American colonies. Some scholars have argued that Hamilton’s origins can be reflected in his later life, where, unlike much of the Revolutionary generation, his views were more nationalistic, rather than tied to the interests of a particular region or state.

Revolution

As a student at King's College (now Columbia University), Hamilton took a major role in the political debates over independence. Hamilton raised a company of artillery and was selected captain. Fighting the British invasion of new York City in late 1776, he came to the attention of George Washington, commander in chief of the Continental Army. Washington promoted Hamilton to colonel and made him his senior aide--in effect the chief of staff (although that title was not in use. Hamilton had a combat command at the battle of Yorktown that ended the war in 1781. Hamilton may have alerted General Washington to the existence of the Newburgh Conspiracy, in which disgruntled officers might have become a threat to civilian government. Washington prevented that.

New York

Hamilton became a leading lawyer in New York City, and married into the rich and powerful Schulyler family. Along with his close friend John Jay, he was active in anti-slavery movements. Hamilton was elected to the Continental Congress, the New York State assembly, and was chosen by the legislature as a delegate to the Philadelphia Constitutional in 1787/ he played a minor role in the convention.

Hamilton authored 51 of the 85 Federalist Papers, while James Madison and John Jay composed the others. These essays, published anonymously in newspapers in New York and throughout the United States, helped turn popular opinion in favor of ratifying the Constitution, particularly in the decisive states of New York and Virginia.

Secretary of the Treasury

Perhaps Hamilton's greatest contribution to the success of the United States occurred during his tenure as Washington’s Secretary of the Treasury from 1789 to 1795. Through a system of tariffs and excise taxes (some of which, as demonstrated by the Whiskey Rebellion, caused a great deal of resentment), Hamilton placed the United States on sound financial footing. While Hamilton disliked taxes, he also realized that they were necessary. Hamilton not only favored close trade ties with Great Britain, the world’s leading commercial power, but he believed that the United States should emulate their economic system. In his Report on Manufactures, Hamilton envisioned the United States as a nation that would rely on manufacturing and commerce in order to become a great power. This (among other things) put him at odds with Thomas Jefferson, who envisioned the United States as an agrarian republic.

Federalist Party

Hamilton saw the need for political newspapers and subsidized numerous editors, most famously Noah Webster. In 1801, with $10,000 from investors, Hamilton started the New-York Evening Post.

Death

Hamilton's long standing rivalry with Aaron Burr eventually lead to Burr accusing Hamilton of slander. Hamilton replied that the anti Burr statements he had made were not slander but were instead the truth. The resulting argument brought a life time of feuding to a head in the form of a duel. The duel took place on the 11th of July 1804 at Weehawken, New Jersey. Hamilton was wounded in the duel, and died of a gunshot the next day. Hamilton believed that a gentleman shoots over his target, and that honor is served. Burr had no such belief. Hamilton's son died in a duel the same way.

Trivia

Hamilton, along with Benjamin Franklin, is one of the very few non-presidents to be portrayed on American money. Hamilton's portrait is on the $10 bill, while Franklin is on the $100 bill.

References

• Joseph Ellis, Founding Brothers (New York: Vintage, 2000).
• John Ferling, A Leap in the Dark: The Struggle to Create the American Republic (Oxford University Press, 2003).
• Ron Chernow, Alexander Hamilton (New York: Penquin, 2005).