| | 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]]. | | 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]]. |
| − | 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. | + | 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. Hamilton also felt that a national debt was needed in order to insure that United States have political unity, and to give foriegn powers, who had invested in new nation, a interest in the United States' success. to United States. 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. |
| | 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''.<ref> It is currently published by Rupert Murdoch under the name [[New York Post]].</ref> | | 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''.<ref> It is currently published by Rupert Murdoch under the name [[New York Post]].</ref> |