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Alexander Hamilton

Alexander Hamilton (11 January 1755 or 1757 – 12 July 1804) was 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 Father of the United States Coast Guard, and the founder of The New York Post.

As the first Secretary of the Treasury, Hamilton was the primary author of the economic policies of the George Washington administration. Hamilton took the lead in the funding of the states' debts by the Federal government, the establishment of a national bank, a system of tariffs, and friendly trade relations with Britain. He led the Federalist Party, created largely in support of his views; he was opposed by the Democratic-Republican Party, led by Thomas Jefferson and James Madison, which despised Britain and feared that Hamilton's policies of a strong central government would weaken the American commitment to Republicanism. He was the son-in-law of Philip Schuyler, and was killed in a duel by Aaron Burr.

Quotes

 * A national debt, if it is not excessive, will be to us a national blessing.
 * Letter to Robert Morris (30 April 1781)

 * I feel the deepest affliction at the news we have just received at the loss of our dear and inestimable friend Laurens. His career of virtue is at end. How strangely are human affairs conducted, that so many excellent qualities could not ensure a more happy fate! The world will feel the loss of a man who has left few like him behind; and America, of a citizen whose heart realized that patriotism of which others only talk. I feel the loss of a friend whom I truly and most tenderly loved, and one of a very small number.
 * Letter to Nathanael Greene (12 October 1782), as quoted in Sketches of the Life and Correspondence of Nathanael Greene, page 342

 * It has been observed that a pure democracy if it were practicable would be the most perfect government. Experience has proved that no position is more false than this. The ancient democracies in which the people themselves deliberated never possessed one good feature of government. Their very character was tyranny; their figure deformity.
 * Speech in New York, urging ratification of the U.S. Constitution (21 June 1788)

 * Here, sir, the people govern; here they act by their immediate representatives.
 * Elliot's Debates, volume 2, p. 348. (Remarks on the U.S. House of Representatives, at the New York state convention on the adoption of the Federal Constitution, Poughkeepsie, New York July 27, 1788)

 * Constitutions should consist only of general provisions; the reason is that they must necessarily be permanent, and that they cannot calculate for the possible change of things.
 * Elliot's Debates, volume 2, p. 364. (28 July 1788)

 * Unless your government is respectable, foreigners will invade your rights; and to maintain tranquillity you must be respectable; even to observe neutrality you must have a strong government.
 * Elliot's Debates, volume 1, p. 463. (29 July 1788)

 * Every power vested in a government is in its nature sovereign, and includes by force of the term a right to employ all the means requisite...to the attainment of the ends of such power.
 * Opinion on the Constitutionality of the Bank (23 February 1791)

 * If the end be clearly comprehended within any of the specified powers, and if the measure have an obvious relation to that end, and is not forbidden by any particular provision of the Constitution, it may safely be deemed to come within the compass of the national authority.
 * Opinion on the Constitutionality of the Bank (23 February 1791)

 * If it be asked, What is the most sacred duty and the greatest source of our security in a Republic? The answer would be, An inviolable respect for the Constitution and Laws — the first growing out of the last... A sacred respect for the constitutional law is the vital principle, the sustaining energy of a free government.
 * Essay in the American Daily Advertiser (28 August 1794)

 * And it is long since I have learned to hold popular opinion of no value.
 * Letter to Washington, 11 November 1794

 * In no part of the constitution is more wisdom to be found than in the clause which confides the question of war or peace to the legislature, and not to the executive department. Beside the objection to such a mixture of heterogeneous powers: the trust and the temptation would be too great for any one man: not such as nature may offer as the prodigy of many centuries, but such as may be expected in the ordinary successions of magistracy. War is in fact the true nurse of executive aggrandizement. In war a physical force is to be created, and it is the executive will which is to direct it. In war the public treasures are to be unlocked, and it is the executive hand which is to dispense them. In war the honors and emoluments of office are to be multiplied; and it is the executive patronage under which they are to be enjoyed. It is in war, finally, that laurels are to be gathered, and it is the executive brow they are to encircle. The strongest passions, and most dangerous weaknesses of the human breast; ambition, avarice, vanity, the honorable or venial love of fame, are all in conspiracy against the desire and duty of peace.
 * Chapter: Helvidius Number IV in: The Pacificus-Helvidius Debates of 1793-1794: Toward the Completion of the American Founding, edited with and Introduction by Morton J. Frisch (Indianapolis: Liberty Fund, 2007)

 * The passions of a revolution are apt to hurry even good men into excesses.
 * Essay (12 August 1795)

 * A nation which can prefer disgrace to danger is prepared for a master, and deserves one.
 * Letter to the Daily Advertiser (21 February 1797)

 * I have thought it my duty to exhibit things as they are, not as they ought to be.
 * Letter to Robert Morris (13 August 1782)

 * Men are rather reasoning than reasonable animals, for the most part governed by the impulse of passion.
 * Letter (16 April 1802)

 * A garden, you know, is a very usual refuge of a disappointed politician. Accordingly, I have purchased a few acres about nine miles from town, have built a house, and am cultivating a garden.
 * Letter to Charles Cotesworth Pinckney (29 December 1802)

 * I have resolved, if our interview is conducted in the usual manner, and it pleases God to give me the opportunity, to reserve and throw away my first fire, and I have thoughts even of reserving my second fire.
 * Letter written the night before his duel with Aaron Burr (10 July 1804)

 * It is a maxim deeply ingrafted in that dark system, that no character, however upright, is a match for constantly reiterated attacks, however false.
 * Observations on Certain Documents, also known as The Reynolds Pamphlet (1797)

 * We must make the best of those ills which cannot be avoided.
 * As quoted in The Home Book of Quotations, Classical and Modern (1958)

 * Every day proves to me more and more that this American world was not made for me.
 * Letter to Gouverneur Morris (27 January 1802)

 * When we read in the valuable production of those great Oriental scholars ... those of a Jones, a Wilkings, a Colebrooke, or a Halhed, - we uniformly discover in the Hindus a nation, whose polished manners are the result of a mild disposition and an extensive benevolence.
 * in Danino, Michel and Nahar, Sujata The inl'asioll that never was / Song of humanity .1st ed. Delhi: Mother's Institute of Research & Mira Aditi, Mysore, India, 1996.p. 17 quoted in Londhe, S. (2008). A tribute to Hinduism: Thoughts and wisdom spanning continents and time about India and her culture. New Delhi: Pragun Publication.

 * If they break this Union, they will break my heart.
 * Last words before succumbing to his injuries from his duel with Aaron Burr (12 July 1804)

The Farmer Refuted (1775)

 * Text at libertyfund.org.

 * The origin of all civil government, justly established, must be a voluntary compact, between the rulers and the ruled; and must be liable to such limitations, as are necessary for the security of the absolute rights of the latter; for what original title can any man or set of men have, to govern others, except their own consent? To usurp dominion over a people, in their own despite, or to grasp at a more extensive power than they are willing to entrust, is to violate that law of nature, which gives every man a right to his personal liberty; and can, therefore, confer no obligation to obedience.

 * The right of parliament to legislate for us cannot be accounted for upon any reasonable grounds. The constitution of Great Britain is very properly called a limited monarchy, the people having reserved to themselves a share in the legislature, as a check upon the regal authority, to prevent its degenerating into despotism and tyranny. The very aim and intention of the democratical part, or the house of commons, is to secure the rights of the people. Its very being depends upon those rights. Its whole power is derived from them, and must be terminated by them.

 * The fundamental source of all your errors, sophisms, and false reasonings, is a total ignorance of the natural rights of mankind. Were you once to become acquainted with these, you could never entertain a thought, that all men are not, by nature, entitled to a parity of privileges. You would be convinced, that natural liberty is a gift of the beneficent Creator, to the whole human race; and that civil liberty is founded in that; and cannot be wrested from any people, without the most manifest violation of justice. Civil liberty is only natural liberty, modified and secured by the sanctions of civil society. It is not a thing, in its own nature, precarious and dependent on human will and caprice; but it is conformable to the constitution of man, as well as necessary to the well-being of society.

 * 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 itself; and can never be erased or obscured by mortal power.

 * There is a certain enthusiasm in liberty, that makes human nature rise above itself in acts of bravery and heroism.

Debates of the Federal Convention (1787)

 * (14 May 1787 – 17 September 1787)

 * I believe the British government forms the best model the world ever produced, and such has been its progress in the minds of the many, that this truth gradually gains ground. This government has for its object public strength and individual security. It is said with us to be unattainable. All communities divide themselves into the few and the many. The first are the rich and well born, the other the mass of the people. The voice of the people has been said to be the voice of God; and however generally this maxim has been quoted and believed, it is not true in fact. The people are turbulent and changing; they seldom judge or determine right. Give therefore to the first class a distinct, permanent share in the government. They will check the unsteadiness of the second, and as they cannot receive any advantage by a change, they therefore will ever maintain good government. Can a democratic assembly, who annually revolve in the mass of the people, be supposed steadily to pursue the public good?
 * Farrand's Records of the Federal Convention, v. 1, p. 299. (June 19, 1787)

 * We are now forming a republican government. Real liberty is neither found in despotism or the extremes of democracy, but in moderate governments. Those who mean to form a solid republican government, ought to proceed to the confinges of another government. As long as offices are open to all men, and no constitutional rank is established, it is pure republicanism. But if we incline too much to democracy, we shall soon shoot into a monarchy.
 * 26 June 1787 per page 105 of "The Debates, Resolutions, and Other Proceedings, in Convention, on the Adoption of the Federal Constitution: Supplementary to the state Conventions" by Johnathan Elliot, published 1830

 * As long as offices are open to all men and no constitutional rank is established, it is pure republicanism.
 * Remarks in the Federal Convention, as quoted in Works, Vol. II, pp. 416-417.

The Federalist Papers (1787–1788)

 * It has been frequently remarked that it seems to have been reserved to the people of this country, by their conduct and example, to decide the important question, whether societies of men are really capable or not of establishing good government from reflection and choice, or whether they are forever destined to depend for their political constitutions on accident and force.
 * No. 1

 * In politics, as in religion, it is equally absurd to aim at making proselytes by fire and sword. Heresies in either can rarely be cured by persecution.
 * No. 1

 * To look for a continuation of harmony between a number of independent, unconnected sovereignties in the same neighborhood, would be to disregard the uniform course of human events, and to set at defiance the accumulated experience of ages.
 * No. 6

 * The rights of neutrality will only be respected, when they are defended by an adequate power. A nation, despicable by its weakness, forfeits even the privilege of being neutral.
 * No. 11

 * Let Americans disdain to be the instruments of European greatness! Let the thirteen States, bound together in a strict and indissoluble Union, concur in erecting one great American system, superior to the control of all transatlantic force or influence, and able to dictate the terms of the connection between the old and the new world!
 * No. 11

 * Government implies the power of making laws. It is essential to the idea of a law, that it be attended with a sanction; or, in other words, a penalty or punishment for disobedience.
 * No. 15

 * Why has government been instituted at all? Because the passions of men will not conform to the dictates of reason and justice, without constraint.
 * No. 15

 * Has it been found that bodies of men act with more rectitude or greater disinterestedness than individuals? The contrary of this has been inferred by all accurate observers of the conduct of mankind; and the inference is founded upon obvious reasons. Regard to reputation has a less active influence, when the infamy of a bad action is to be divided among a number than when it is to fall singly upon one. A spirit of faction, which is apt to mingle its poison in the deliberations of all bodies of men, will often hurry the persons of whom they are composed into improprieties and excesses, for which they would blush in a private capacity.
 * No. 15

 * When the sword is once drawn, the passions of men observe no bounds of moderation. The suggestions of wounded pride, the instigations of irritated resentment, would be apt to carry the States against which the arms of the Union were exerted, to any extremes necessary to avenge the affront or to avoid the disgrace of submission. The first war of this kind would probably terminate in a dissolution of the Union.
 * No. 16 : The Insufficiency of the Present Confederation to Preserve the Union

 * The fabric of American Empire ought to rest on the solid basis of THE CONSENT OF THE PEOPLE. The streams of National power ought to flow immediately from that pure original fountain of all legitimate authority.
 * No. 22

 * If the representatives of the people betray their constituents, there is then no recourse left but in the exertion of that original right of self-defense which is paramount to all positive forms of government, and which against the usurpations of the national rulers may be exerted with infinitely better prospect of success than against those of the rulers of an individual State. In a single State, if the persons entrusted with supreme power become usurpers, the different parcels, subdivisions, or districts of which it consists, having no distinct government in each, can take no regular measures for defense. The citizens must rush tumultuously to arms, without concert, without system, without resource; except in their courage and despair.
 * No. 28

 * A tolerable expertness in military movements is a business that requires time and practice. It is not a day, or even a week, that will suffice for the attainment of it. To oblige the great body of the yeomanry, and of the other classes of the citizens, to be under arms for the purpose of going through military exercises and evolutions, as often as might be necessary to acquire the degree of perfection which would entitle them to the character of a well-regulated militia, would be a real grievance to the people, and a serious public inconvenience and loss. It would form an annual deduction from the productive labor of the country, to an amount which, calculating upon the present numbers of the people, would not fall far short of the whole expense of the civil establishments of all the States. To attempt a thing which would abridge the mass of labor and industry to so considerable an extent, would be unwise: and the experiment, if made, could not succeed, because it would not long be endured. Little more can reasonably be aimed at, with respect to the people at large, than to have them properly armed and equipped; and in order to see that this be not neglected, it will be necessary to assemble them once or twice in the course of a year.
 * No. 29

 * If circumstances should at any time oblige the government to form an army of any magnitude that army can never be formidable to the liberties of the people while there is a large body of citizens, little, if at all, inferior to them in discipline and the use of arms, who stand ready to defend their own rights and those of their fellow-citizens. This appears to me the only substitute that can be devised for a standing army, and the best possible security against it, if it should exist.
 * No. 29

 * In the usual progress of things, the necessities of a nation in every stage of its existence will be found at least equal to its resources.
 * No. 30

 * If the federal government should overpass the just bounds of its authority and make a tyrannical use of its powers, the people, whose creature it is, must appeal to the standard they have formed, and take such measures to redress the injury done to the Constitution as the exigency may suggest and prudence justify.
 * No. 33

 * If a number of political societies enter into a larger political society, the laws which the latter may enact, pursuant to the powers intrusted to it by its constitution, must necessarily be supreme over those societies and the individuals of whom they are composed.... But it will not follow from this doctrine that acts of the larger society which are not pursuant to its constitutional powers, but which are invasions of the residuary authorities of the smaller societies, will become the supreme law of the land. These will be merely acts of usurpation, and will deserve to be treated as such.
 * No. 33

 * Let us recollect that peace or war will not always be left to our option; that however moderate or unambitious we may be, we cannot count upon the moderation, or hope to extinguish the ambition of others.
 * No. 34

 * Justice is the end of government. It is the end of civil society. It ever has been, and ever will be, pursued, until it be obtained, or until liberty be lost in the pursuit. In a society, under the forms of which the stronger faction can readily unite and oppress the weaker, anarchy may as truly be said to reign, as in a state of nature where the weaker individual is not secured against the violence of the stronger: And as in the latter state even the stronger individuals are prompted by the uncertainty of their condition, to submit to a government which may protect the weak, as well as themselves: so in the former state, will the more powerful factions be gradually induced by a like motive, to wish for a government which will protect all parties, the weaker as well as the more powerful.
 * No. 51

 * The mode of appointment of the Chief Magistrate of the United States is almost the only part of the system, of any consequence, which has escaped without severe censure, or which has received the slightest mark of approbation from its opponents. The most plausible of these, who has appeared in print, has even deigned to admit that the election of the President is pretty well guarded.1 I venture somewhat further, and hesitate not to affirm, that if the manner of it be not perfect, it is at least excellent. It unites in an eminent degree all the advantages, the union of which was to be wished for.
 * No. 68

 * The President, and government, will only control the militia when a part of them is in the actual service of the federal government, else, they are independent and not under the command of the president or the government. The states would control the militia, only when called out into the service of the state, and then the governor would be commander in chief where enumerated in the respective state constitution.
 * No. 69

 * There is an idea, which is not without its advocates, that a vigorous Executive is inconsistent with the genius of republican government. The enlightened well-wishers to this species of government must at least hope that the supposition is destitute of foundation; since they can never admit its truth, without at the same time admitting the condemnation of their own principles. Energy in the Executive is a leading character in the definition of good government. It is essential to the protection of the community against foreign attacks; it is not less essential to the steady administration of the laws; to the protection of property against those irregular and high-handed combinations which sometimes interrupt the ordinary course of justice; to the security of liberty against the enterprises and assaults of ambition, of faction, and of anarchy.
 * Federalist No. 70 (18 March 1788)

 * Men often oppose a thing, merely because they have had no agency in planning it, or because it may have been planned by those whom they dislike. But if they have been consulted, and have happened to disapprove, opposition then becomes, in their estimation, an indispensable duty of self-love. They seem to think themselves bound in honor, and by all the motives of personal infallibility, to defeat the success of what has been resolved upon contrary to their sentiments. Men of upright, benevolent tempers have too many opportunities of remarking, with horror, to what desperate lengths this disposition is sometimes carried, and how often the great interests of society are sacrificed to the vanity, to the conceit, and to the obstinacy of individuals, who have credit enough to make their passions and their caprices interesting to mankind. Perhaps the question now before the public may, in its consequences, afford melancholy proofs of the effects of this despicable frailty, or rather detestable vice, in the human character.
 * Federalist No. 70 (18 March 1788)

 * A council to a magistrate, who is himself responsible for what he does, are generally nothing better than a clog upon his good intentions, are often the instruments and accomplices of his bad and are almost always a cloak to his faults.
 * Federalist No. 70 (18 March 1788)

 * When occasions present themselves, in which the interests of the people are at variance with their inclinations, it is the duty of the persons whom they have appointed to be the guardians of those interests, to withstand the temporary delusion, in order to give them time and opportunity for more cool and sedate reflection.
 * No. 71

 * The Courts must declare the sense of the law; and if they should be disposed to exercise will instead of judgement; the consequences would be the substitution of their pleasure for that of the legislative body.
 * No. 78

 * There are men who could neither be distressed nor won into a sacrifice of their duty; but this stern virtue is the growth of few soils; and in the main it will be found that a power over a man's support is a power over his will. If it were necessary to confirm so plain a truth by facts, examples would not be wanting, even in this country, of the intimidation or seduction of the Executive by the terrors or allurements of the pecuniary arrangements of the legislative body.
 * No. 73

 * An avaricious man might be tempted to betray the interests of the State to the acquisition of wealth. An ambitious man might make his own aggrandizement, by the aid of a foreign power, the price of his treachery to his constituents. The history of human conduct does not warrant that exalted opinion of human virtue, which would make it wise in a Nation to commit interests of so delicate and momentous a kind, as those which concern its intercourse with the rest of the world, to the sole disposal of a Magistrate created and circumstanced as would be a President of the United States.
 * No. 75

 * The complete independence of the Courts of justice is peculiarly essential in a limited Constitution. By a limited Constitution, I understand one which contains certain specified exceptions to the Legislative authority; such, for instance, as that it shall pass no bills of attainder, no ex post facto laws, and the like. Limitations of this kind can be preserved in practice no other way than through the medium of the Courts of justice; whose duty it must be to declare all Acts contrary to the manifest tenor of the Constitution void. Without this, all the reservations of particular rights or privileges would amount to nothing.
 * No. 78

 * There is no position which depends on clearer principles, than that every act of a delegated authority, contrary to the tenor of the commission under which it is exercised, is void. No Legislative act, therefore, contrary to the Constitution, can be valid. To deny this, would be to affirm, that the deputy is greater than his principal; that the servant is above his master; that the Representatives of the People are superior to the People themselves; that men acting by virtue of powers, may do not only what their powers do not authorize, but what they forbid. If it be said that the Legislative body are themselves the constitutional judges of their own powers, and that the construction they put upon them is conclusive upon the other departments, it may be answered, that this cannot be the natural presumption, where it is not to be collected from any particular provisions in the Constitution. It is not otherwise to be supposed, that the Constitution could intend to enable the Representatives of the People to substitute their will to that of their constituents. It is far more rational to suppose, that the Courts were designed to be an intermediate body between the People and the Legislature, in order, among other things, to keep the latter within the limits assigned to their authority. The interpretation of the laws is the proper and peculiar province of the Courts. A Constitution is, in fact, and must be regarded by the Judges, as a fundamental law. It therefore belongs to them to ascertain its meaning, as well as the meaning of any particular Act proceeding from the Legislative body. If there should happen to be an irreconcilable variance between the two, that which has the superior obligation and validity ought, of course, to be preferred; or in other words, the Constitution ought to be preferred to the statute, the intention of the People to the intention of their agents. Nor does this conclusion by any means suppose a superiority of the Judicial to the Legislative power. It only supposes that the power of the People is superior to both; and that where the will of the Legislature, declared in its statutes, stands in opposition to that of the People, declared in the Constitution, the Judges ought to be governed by the latter rather than the former. They ought to regulate their decisions by the fundamental laws, rather than by those which are not fundamental. [...] whenever a particular statute contravenes the Constitution, it will be the duty of the Judicial tribunals to adhere to the latter and disregard the former.
 * No. 78

 * It can be of no weight to say, that the courts, on the pretence of a repugnancy, may substitute their own pleasure to the constitutional intentions of the legislature. This might as well happen in the case of two contradictory statutes; or it might as well happen in every adjudication upon any single statute. The courts must declare the sense of the law; and if they should be disposed to exercise instead of, the consequence would equally be the substitution of their pleasure to that of the legislative body. The observation, if it proved any thing, would prove that there ought to be no judges distinct from that body.
 * No. 78

 * If then the Courts of justice are to be considered as the bulwarks of a limited Constitution, against Legislative encroachments, this consideration will afford a strong argument for the permanent tenure of Judicial offices, since nothing will contribute so much as this to that independent spirit in the Judges, which must be essential to the faithful performance of so arduous a duty. This independence of the Judges is equally requisite to guard the Constitution and the rights of individuals, from the effects of those ill humors, which the arts of designing men, or the influence of particular conjunctures, sometimes disseminate among the People themselves, and which, though they speedily give place to better information, and more deliberate reflection, have a tendency, in the mean time, to occasion dangerous innovations in the Government, and serious oppressions of the minor party in the community.
 * No. 78

 * Until the People have, by some solemn and authoritative act, annulled or changed the established form, it is binding upon themselves collectively, as well as individually; and no presumption, or even knowledge of their sentiments, can warrant their Representatives in a departure from it, prior to such an act. But it is easy to see, that it would require an uncommon portion of fortitude in the Judges to do their duty as faithful guardians of the Constitution, where Legislative invasions of it had been instigated by the major voice of the community. But it is not with a view to infractions of the Constitution only, that the independence of the Judges may be an essential safeguard against the effects of occasional ill humors in the society. These sometimes extend no farther than to the injury of the private rights of particular classes of citizens, by unjust and partial laws. Here also the firmness of the Judicial magistracy is of vast importance in mitigating the severity, and confining the operation of such laws. It not only serves to moderate the immediate mischiefs of those which may have been passed, but it operates as a check upon the Legislative body in passing them; who, perceiving that obstacles to the success of iniquitous intention are to be expected from the scruples of the Courts, are in a manner compelled, by the very motives of the injustice they meditate, to qualify their attempts.
 * No. 78

 * That inflexible and uniform adherence to the rights of the Constitution, and of individuals, which we perceive to be indispensable in the Courts of justice, can certainly not be expected from Judges who hold their offices by a temporary commission. Periodical appointments, however regulated, or by whomsoever made, would, in some way or other, be fatal to their necessary independence. If the power of making them was committed either to the Executive or Legislature, there would be danger of an improper complaisance to the branch which possessed it; if to both, there would be an unwillingness to hazard the displeasure of either; if to the People, or to persons chosen by them for the special purpose, there would be too great a disposition to consult popularity, to justify a reliance that nothing would be consulted but the Constitution and the laws.
 * No. 78

 * There is yet a further and a weightier reason for the permanency of the Judicial offices, which is deducible from the nature of the qualifications they require. It has been frequently remarked, with great propriety, that a voluminous code of laws is one of the inconveniences necessarily connected with the advantages of a free Government. To avoid an arbitrary discretion in the Courts, it is indispensable that they should be bound down by strict rules and precedents, which serve to define and point out their duty in every particular case that comes before them; and it will readily be conceived from the variety of controversies which grow out of the folly and wickedness of mankind, that the records of those precedents must unavoidably swell to a very considerable bulk, and must demand long and laborious study to acquire a competent knowledge of them. Hence it is, that there can be but few men in the society, who will have sufficient skill in the laws to qualify them for the stations of Judges. And making the proper deductions for the ordinary depravity of human nature, the number must be still smaller of those who unite the requisite integrity with the requisite knowledge. These considerations apprize us, that the Government can have no great option between fit characters; and that a temporary duration in office, which would naturally discourage such characters from quitting a lucrative line of practice to accept a seat on the Bench, would have a tendency to throw the administration of justice into hands less able, and less well qualified, to conduct it with utility and dignity.
 * No. 78

 * In the general course of human nature, a power over a man's subsistence amounts to a power over his will.
 * No. 79

 * I go further, and affirm that bills of rights, in the sense and to the extent in which they are contended for, are not only unnecessary in the proposed Constitution, but would even be dangerous. They would contain various exceptions to powers not granted; and, on this very account, would afford a colorable pretext to claim more than were granted. For why declare that things shall not be done which there is no power to do?
 * No. 84

 * The creation of crimes after the commission of the fact, or, in other words, the subjecting of men to punishment for things which, when they were done, were breaches of no law, and the practice of arbitrary imprisonments, have been, in all ages, the favorite and most formidable instruments of tyranny.
 * No. 84

 * The system, though it may not be perfect in every part, is, upon the whole, a good one; is the best that the present views and circumstances of the country will permit; and is such an one as promises every species of security which a reasonable people can desire.
 * No. 85

 * I should esteem it the extreme of imprudence to prolong the precarious state of our national affairs, and to expose the Union to the jeopardy of successive experiments, in the chimerical pursuit of a perfect plan. I never expect to see a perfect work from imperfect man. The result of the deliberations of all collective bodies must necessarily be a compound, as well of the errors and prejudices, as of the good sense and wisdom, of the individuals of whom they are composed.
 * No. 85

Report on Manufactures (1791)

 * Report to Congress, 5 December 1791. Text at constitution.org. Original 1827 Sixth Edition at Google Books

 * If there be anything in a remark often to be met with, namely that there is, in the genius of the people of this country, a peculiar aptitude for mechanic improvements, it would operate as a forcible reason for giving opportunities to the exercise of that species of talent, by the propagation of manufactures.

 * To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted. Even things in themselves not positively advantageous, sometimes become so, by their tendency to provoke exertion. Every new scene, which is opened to the busy nature of man to rouse and exert itself, is the addition of a new energy to the general stock of effort.

 * Good roads, canals, and navigable rivers, by diminishing the expense of carriage, put the remote parts of a country more nearly upon a level with those in the neighborhood of the town. They are, upon that account, the greatest of all improvements. They encourage the cultivation of the remote, which must always be the most extensive circle of the country. They are advantageous to the town, by breaking down the monopoly of the country in its neighborhood. They are advantageous, even to that part of the country. Though they introduce some rival commodities into the old market, they open many new markets to its produce. Monopoly, besides, is a great enemy to good management, which can never be universally established, but in consequence of that free and universal competition, which forces every body to have recourse to it for the sake of self-defence. It is not more than fifty years ago that some of the counties in the neighborhood of London petitioned the parliament against the extension of the turnpike roads into the remoter counties. Those remoter counties, they pretended, from the cheapness of labor, would be able to sell their grass and corn cheaper in the London market than themselves, and they would thereby reduce their rents, and ruin their cultivation. Their rents, however, have risen, and their cultivation has been improved since that time.

 * The expediency of encouraging manufactures in the United States, which was not long since deemed very questionable, appears at this time to be pretty generally admitted. (...) There still are, nevertheless, respectable patrons of opinions, unfriendly to the encouragement of manufactures. The following are, substantially, the arguments, by which these opinions are defended. (...) “In every country (say those who entertain them,) Agriculture is the most beneficial and productive object of human industry. (...) To endeavor by the extraordinary patronage of Government, to accelerate the growth of manufactures, is in fact, to endeavor, by force and art, to transfer the natural current of industry, from a more, to a less beneficial channel. Whatever has such a tendency must necessarily be unwise. Indeed it can hardly ever be wise in a government, to attempt to give a direction to the industry of its citizens. This under the quick-sighted guidance of private interest, will, if left to itself, infallibly find its own way to the most profitable employment; and it is by such employment, that the public prosperity will be most effectually promoted. To leave industry to itself, therefore, is, in almost every case, the soundest as well as the simplest policy.” This policy is not only recommended to the United States, by considerations which affect all nations, it is, in a manner, dictated to them by the imperious force of a very peculiar situation.

 * It ought readily to be conceded, that the cultivation of the earth as the primary and most certain source of national supply, as the immediate and chief source of subsistence to man, (...) has intrinsically a strong claim to pre-eminence over every other kind of industry. But, that it has a title to any thing like an exclusive predilection, in any country, ought to be admitted with great caution. That it is even more productive than every other branch of Industry requires more evidence, than has yet been given in support of the position. That its real interests, precious and important as without the help of exaggeration, they truly are, will be advanced, rather than injured by the due encouragement of manufactures, may, it is believed, be satisfactorily demonstrated. And it is also believed that the expediency of such encouragement in a general view may be shewn to be recommended by the most cogent and persuasive motives of national policy.

 * It has been maintained, that Agriculture is, not only, the most productive, but the only productive species of industry. The reality of this suggestion in either aspect, has, however, not been verified by any accurate detail of facts and calculations; and the general arguments, which are adduced to prove it, are rather subtil and paradoxical, than solid or convincing.

 * It is very conceivable, that the labor of man alone laid out upon a work, requiring great skill and art to bring it to perfection, may be more productive, in value, than the labour of nature and man combined, when directed towards more simple operations and objects

 * The foregoing suggestions are not designed to inculcate an opinion that manufacturing industry is more productive than that of Agriculture. They are intended rather to shew that the reverse of this proposition is not ascertained; that the general arguments which are brought to establish it are not satisfactory; and consequently that a supposition of the superior productiveness of Tillage ought to be no obstacle to listening to any substantial inducements to the encouragement of manufactures.

 * To affirm, that the labour of the Manufacturer is unproductive, because he consumes as much of the produce of land, as he adds value to the raw materials which he manufactures, is not better founded, than it would be to affirm, that the labour of the farmer, which furnishes materials to the manufacturer, is unproductive, because he consumes an equal value of manufactured articles. Each furnishes a certain portion of the produce of his labor to the other, and each destroys a correspondent portion of the produce of the labour of the other. In the mean time, the maintenance of two Citizens, instead of one, is going on; the State has two members instead of one; and they together consume twice the value of what is produced from the land.

 * It is now proper to proceed a step further, and to enumerate the principal circumstances, from which it may be inferred, that manufacturing establishments not only occasion a positive augmentation of the Produce and Revenue of the Society, but that they contribute essentially to rendering them greater than they could possibly be, without such establishments. These circumstances are:
 * 1. The division of labour.
 * 2. An extension of the use of Machinery.
 * 3. Additional employment to classes of the community not ordinarily engaged in the business.
 * 4. The promoting of emigration from foreign Countries.
 * 5. The furnishing greater scope for the diversity of talents and dispositions which discriminate men from each other.
 * 6. The affording a more ample and various field for enterprise.
 * 7. The creating in some instances a new, and securing in all, a more certain and steady demand for the surplus produce of the soil.

 * From these causes united, the mere separation of the occupation of the cultivator, from that of the Artificer, has the effect of augmenting the productive powers of labour, and with them, the total mass of the produce or revenue of a Country. In this single view of the subject, therefore, the utility of Artificers or Manufacturers, towards promoting an increase of productive industry, is apparent.

 * The Cotton Mill invented in England, within the last twenty years, is a signal illustration of the general proposition, which has been just advanced. In consequence of it, all the different processes for spinning Cotton are performed by means of Machines, which are put in motion by water, and attended chiefly by women and Children; and by a smaller number of persons, in the whole, than are requisite in the ordinary mode of spinning. And it is an advantage of great moment that the operations of this mill continue with convenience, during the night, as well as through the day. The prodigious affect of such a Machine is easily conceived. To this invention is to be attributed essentially the immense progress, which has been so suddenly made in Great Britain in the various fabrics of Cotton.

 * It merits particular observation, that the multiplication of manufactories not only furnishes a Market for those articles, which have been accustomed to be produced in abundance, in a country; but it likewise creates a demand for such as were either unknown or produced in inconsiderable quantities. The bowels as well as the surface of the earth are ransacked for articles which were before neglected. Animals, Plants and Minerals acquire an utility and value, which were before unexplored.

 * The remaining objections to a particular encouragement of manufactures in the United States now require to be examined. One of these turns on the proposition, that Industry, if left to itself, will naturally find its way to the most useful and profitable employment: whence it is inferred, that manufactures without the aid of government will grow up as soon and as fast, as the natural state of things and the interest of the community may require. Against the solidity of this hypothesis, in the full latitude of the terms, very cogent reasons may be offered. These have relation to the strong influence of habit and the spirit of imitation, the fear of want of success in untried enterprises, the intrinsic difficulties incident to first essays towards a competition with those who have previously attained to perfection in the business to be attempted, the bounties, premiums, and other artificial encouragements, with which foreign nations second the exertions of their own Citizens in the branches, in which they are to be rivalled. Experience teaches, that men are often so much governed by what they are accustomed to see and practice, that the simplest and most obvious improvements, in the most ordinary occupations, are adopted with hesitation, reluctance and by slow gradations. The spontaneous transition to new pursuits, in a community long habituated to different ones, may be expected to be attended with proportionably greater difficulty. When former occupations ceased to yield a profit adequate to the subsistence of their followers, or when there was an absolute deficiency of employment in them, owing to the superabundance of hands, changes would ensue; but these changes would be likely to be more tardy than might consist with the interest either of individuals or of the Society. In many cases they would not happen, while a bare support could be ensured by an adherence to ancient courses; though a resort to a more profitable employment might be practicable. To produce the desirable changes, as early as may be expedient, may therefore require the incitement and patronage of government.

 * When the Manufacturing Capitalist of Europe shall advert to the many important advantages, which have been intimated, in the Course of this report, he cannot but perceive very powerful inducements to a transfer of himself and his Capital to the United States.

 * If the system of perfect liberty to industry and commerce were the prevailing system of nations, the arguments which dissuade a country in the predicament of the United States, from the zealous pursuits of manufactures would doubtless have great force. (...) But the system which has been mentioned, is far from characterising the general policy of Nations. The prevalent one has been regulated by an opposite spirit. The consequence of it is, that the United States are to a certain extent in the situation of a country precluded from foreign Commerce. They can indeed, without difficulty obtain from abroad the manufactured supplies, of which they are in want; but they experience numerous and very injurious impediments to the emission and vent of their own commodities. (...) In such a position of things, the United States cannot exchange with Europe on equal terms, and the want of reciprocity would render them the victim of a system, which should induce them to confine their views to Agriculture and refrain from Manufactures. A constant and increasing necessity, on their part, for the commodities of Europe, and only a partial and occasional demand for their own, in return, could not but expose them to a state of impoverishment, compared with the opulence to which their political and natural advantages authorise them to aspire.

 * It is not uncommon to meet with an opinion that though the promoting of manufactures may be the interest of a part of the Union, it is contrary to that of another part. The Northern & Southern regions are sometimes represented as having adverse interests in this respect. Those are called Manufacturing, these Agricultural states; and a species of opposition is imagined to subsist between the Manufacturing and Agricultural interests. This idea of an opposition between those two interests is the common error of the early periods of every country, but experience gradually dissipates it. Indeed they are perceived so often to succour and to befriend each other, that they come at length to be considered as one. (...) Perhaps the superior steadiness of the demand of a domestic market for the surplus produce of the soil, is alone a convincing argument of its truth.

 * The terms "general welfare" were doubtless intended to signify more than was expressed or imported in those which preceded; otherwise, numerous exigencies incident to the affairs of a nation would have been left without a provision. The phrase is as comprehensive as any that could have been used; because it was not fit that the constitutional authority of the Union to appropriate its revenues should have been restricted within narrower limits than the "general welfare;" and because this necessarily embraces a vast variety of particulars, which are susceptible neither of specification nor of definition.

 * The manufactures of Iron are entitled to pre-eminent rank. None are more essential in their kinds, nor so extensive in their uses. They constitute, in whole, or in part, the implements or the materials, or both, of almost every useful occupation. Their instrumentality is every, where conspicuous. It is fortunate for the United States that they have peculiar advantages for deriving the full benefit of this most valuable material, and they have every motive to improve it with systematic care. It is to be found in various parts of the United States, in great abundance, and of almost every quality; and fuel, the chief instrument in manufacturing it, is both cheap and plenty.

 * The propriety of stimulating by rewards the invention and introduction of useful improvements, is admitted without difficulty. But the success of attempts in this way, must evidently depend much on the manner of conducting them. It is probable that the placing of the dispensation of those rewards under some proper discretionary direction, where they may be accompanied by collateral expedients, will serve to give them the surest efficacy. It seems impracticable to apportion, by general rules, specific compensations for discoveries of unknown and disproportionate utility.

 * In countries where there is great private wealth, much may be effected by the voluntary contributions of patriotic individuals; but in a community situated like that of the United States, the public purse must supply the deficiency of private resource. In what can it be so useful, as in prompting and improving the efforts of industry?

Objections and Answers Respecting the Administration (1792)

 * When a man unprincipled in private life desperate in his fortune, bold in his temper, possessed of considerable talents, having the advantage of military habits—despotic in his ordinary demeanour—known to have scoffed in private at the principles of liberty—when such a man is seen to mount the hobby horse of popularity—to join in the cry of danger to liberty—to take every opportunity of embarrassing the General Government & bringing it under suspicion—to flatter and fall in with all the non sense of the zealots of the day—It may justly be suspected that his object is to throw things into confusion that he may "ride the storm and direct the whirlwind."

Philo Camillus no. 2 (1795)

 * The laws of certain states …give an ownership in the service of negroes as personal property…. But being men, by the laws of God and nature, they were capable of acquiring liberty—and when the captor in war …thought fit to give them liberty, the gift was not only valid, but irrevocable.
 * As quoted in Papers of Alexander Hamilton, ed. Harold C. Syrett (New York: Columbia University Press, 1961-), 19:101-2

Attributed

 * For my own part, I sincerely esteem it a system which without the finger of God, never could have been suggested and agreed upon by such a diversity of interests.
 * Letter published 15 October 1787 in the New York Daily Advertiser under the pseudonym “Caesar”; Paul Leicester Ford suggested that “Caesar” was Alexander Hamilton, but this has not been generally accepted. See Jacob E. Cooke, "Alexander Hamilton's Authorship of the 'Caesar' Letters," The William and Mary Quarterly, Third Series, Vol. 17, No. 1 (Jan., 1960), pp. 78-85

 * It was the tendency to infidelity he saw so rife that led him often to declare in the social circle his estimate of Christian truth. “I have examined carefully,” he said to a friend from his boyhood, “the evidence of the Christian religion; and, if I was sitting as a juror upon its authenticity, I should unhesitatingly give my verdict in its favor.” To another person, he observed, “I have studied it, and I can prove its truth as clearly as any proposition ever submitted to the mind of man.”
 * John Church Hamilton, History of the republic of the United States of America: as traced in the writings of Alexander Hamilton and of his cotemporaries, v. 7 p. 790. John Church Hamilton was Alexander Hamilton's son. He gives his source for the first quotation as the Reminiscences of General Morton, but gives no source for the second.

 * One gentleman, whose name I never heard, was an earnest “friend of the people,” and descanted with much enthusiasm upon the glorious future then opening upon this new-born nation, and predicted the perpetuity of our institutions, from the purity and intelligence of the people, their freedom from interest or prejudice, their enlightened love of liberty, &c, &c. Alexander Hamilton was among the guests; and, his patience being somewhat exhausted, he replied with much emphasis, striking his hand upon the table, “Your people, sir,—your people is a great beast!” I have this anecdote from a friend, to whom it was related by one who was a guest at the table. After-dinner utterances have little value, unless, perhaps, their very levity makes them good indicators of the wind. We do not know the qualifying words which may have followed, or the tone and manner of that which was, perhaps, in part or in the whole, a jest.
 * Memoir of Theophilus Parsons (1859), pp. 109-110

Misattributed

 * Those who stand for nothing, fall for anything.
 * The earliest known occurance of a similar adage dates back to 1926, then apparently regarded as a common one of unknown origin. Its connection to Alexander Hamilton arose from confusion with its use in 1978 by a UK radio broadcaster also named Alex Hamilton. Per QI.

Quotes about Hamilton

 * He stands at the front rank of a generation never surpassed in history, but whose countrymen seem to have never duly recognized his splendid gifts.
 * James Bryce

 * If Jefferson provided the essential poetry of American political discourse, Hamilton established the prose of American statecraft.
 * Ron Chernow, in Alexander Hamilton (2004)

 * When America ceases to remember his greatness, America will no longer be great.
 * Calvin Coolidge (11 January 1922)

 * With the sure sagacity of a leader of men, Washington at once selected, for the highest and most responsible stations, the three chief Americans who represented the three forces in the nation which alone could command success in the institution of the government. Hamilton was the head, Jefferson was the heart, and John Jay was the conscience. Washington's just and serene ascendancy was the lambent flame in which these beneficent powers were fused, and nothing less than that ascendancy could have ridden the whirlwind and directed the storm that burst around him.
 * George William Curtis, as quoted in Manual Of Patriotism: For Use in the Public Schools of the State of New York (1900) By Charles Rufus SkinnerTake, p. 261

 * When called to him upon his receiving the fatal wound, I found him half sitting on the ground, supported in the arms of Mr. Pendleton. His countenance of death I shall never forget. He had at that instant just strength to say, 'This is a mortal wound, doctor;' when he sunk away, and became to all appearance lifeless. I immediately stripped up his clothes, and soon, alas I ascertained that the direction of the ball must have been through some vital part. His pulses were not to be felt, his respiration was entirely suspended, and, upon laying my hand on his heart and perceiving no motion there, I considered him as irrecoverably gone. I, however, observed to Mr. Pendleton, that the only chance for his reviving was immediately to get him upon the water. We therefore lifted him up, and carried him out of the wood to the margin of the bank, where the bargemen aided us in conveying him into the boat, which immediately put off. During all this time I could not discover the least symptom of returning life. I now rubbed his face, lips, and temples with spirits of hartshorn, applied it to his neck and breast, and to the wrists and palms of his hands, and endeavoured to pour some into his mouth.
 * Soon after recovering his sight, he happened to cast his eye upon the case of pistols, and observing the one that he had had in his hand lying on the outside, he said, "Take care of that pistol; it is undischarged, and still cocked; it may go off and do harm. Pendleton knows" (attempting to turn his head towards him) 'that I did not intend to fire at him.' 'Yes,' said Mr. Pendleton, understanding his wish, 'I have already made Dr. Hosack acquainted with your determination as to that' He then closed his eyes and remained calm, without any disposition to speak; nor did he say much afterward, except in reply to my questions. He asked me once or twice how I found his pulse; and he informed me that his lower extremities had lost all feeling, manifesting to me that he entertained no hopes that he should long survive.
 * Dr. David Hosack to William Coleman, August 17, 1804

 * Hamilton is really a colossus to the antirepublican party. Without numbers, he is an host within himself.
 * Thomas Jefferson in a letter to James Madison (21 September 1795)

 * I was duped … by the Secretary of the treasury, and made a fool for forwarding his schemes, not then sufficiently understood by me; and of all the errors of my political life, this has occasioned the deepest regret.
 * Thomas Jefferson in a letter to George Washington (9 September 1792)

 * I invited them to dine with me, and after dinner, sitting at our wine, having settled our question, other conversation came on, in which a collision of opinion arose between Mr. Adams and Colonel Hamilton, on the merits of the British Constitution, Mr. Adams giving it as his opinion, that, if some of its defects and abuses were corrected, it would be the most perfect constitution of government ever devised by man. Hamilton, on the contrary, asserted, that with its existing vices, it was the most perfect model of government that could be formed; and that the correction of its vices would render it an impracticable government. And this you May be assured was the real line of difference between the political principles of these two gentlemen. Another incident took place on the same occasion, which will further delineate Mr. Hamilton's political principles. The room being hung around with a collection of the portraits of remarkable men, among them were those of Bacon, Newton and Locke. Hamilton asked me who they were. I told him they were my trinity of the three greatest men the world had ever produced, naming them. He paused for some time: “The greatest man,” said he, “that ever lived, was Julius Caesar.” Mr. Adams was honest as a politician as well as a man; Hamilton honest as a man, but, as a politician, believing in the necessity of either force or corruption to govern men.
 * Thomas Jefferson in a letter to Dr. Benjamin Rush (1811)

 * Hamilton was the greatest constructive mind in all our history and I should come pretty near saying... in the history of modern statesmen in any country.
 * Henry Cabot Lodge

 * Jefferson was not entirely wrong to fear Hamilton's vision for the country, for we have always been in a constant balancing act between self-interest and community, market and democracy, the concentration of wealth and power and the opening up of opportunity.
 * Barack Obama, in "The Audacity of Hope", p. 193

 * If you have an American ten-dollar bill handy, look at the man portrayed on it and give a moment’s thought to his life and death. Alexander Hamilton is one of American history’s most luminous figures. As a coauthor of the Federalist Papers, he helped to articulate the philosophical basis of democracy. As America’s first secretary of the treasury, he devised the institutions that support modern market economies. At other times in his life he led three battalions in the Revolutionary War, helped launch the Constitutional Convention, commanded a national army, established the Bank of New York, served in the New York legislature, and founded the New York Post. Yet in 1804 this brilliant man did something that by today’s standards was astonishingly stupid. Hamilton had long exchanged bitchy remarks with his rival Vice President Aaron Burr, and when Hamilton refused to disavow a criticism of Burr that had been attributed to him, Burr challenged him to a duel. Common sense was just one of many forces that could have pulled him away from a date with death. The custom of dueling was already on the wane, and Hamilton’s state of residence, New York, had outlawed it. Hamilton had lost a son to a duel, and in a letter explaining his response to Burr’s challenge, he enumerated five objections to the practice. But he agreed to the duel anyway, because, he wrote, “what men of the world denominate honor” left him no other choice. The following morning he was rowed across the Hudson to face Burr on the New Jersey Palisades. Burr would not be the last vice president to shoot a man, but he was a better shot than Dick Cheney, and Hamilton died the following day. Nor was Hamilton the only American statesman to be drawn into a duel. Henry Clay fought in one, and James Monroe thought the better of challenging John Adams only because Adams was president at the time. Among the other faces on American currency, Andrew Jackson, immortalized on the twenty-dollar bill, carried bullets from so many duels that he claimed to “rattle like a bag of marbles” when he walked. Even the Great Emancipator on the five-dollar bill, Abraham Lincoln, accepted a challenge to fight a duel, though he set the conditions to ensure that it would not be consummated.
 * Steven Pinker, The Better Angels of Our Nature (2012)

 * I consider Napoleon, Fox, and Hamilton, the three greatest men of our epoch, and if I were forced to decide between the three, I would give without hesitation the first place to Hamilton. He divined Europe.
 * Charles Maurice de Talleyrand-Périgord

 * Hamilton, the most brilliant American statesman who ever lived, possessing the loftiest and keenest intellect of his time, was of course easily the foremost champion in the ranks of the New York Federalists; second to him came Jay, pure, strong and healthy in heart, body, and mind. Both of them watched with uneasy alarm the rapid drift toward anarchy; and both put forth all their efforts to stem the tide. They were of course too great men to fall in with the views of those whose antagonism to tyranny made them averse from order. They had little sympathy with the violent prejudices produced by the war. In particular, they abhorred the vindictive laws directed against the persons and property of Tories; and they had the manliness to come forward as the defenders of the helpless and excessively unpopular Loyalists. They put a stop to the wrongs which were being inflicted on these men and finally succeeded in having them restored to legal equality with other citizens, standing up with generous fearlessness against the clamor of the mob.
 * Theodore Roosevelt

 * General Hamilton says he cannot imagine what Dr. Cooper may have alluded, unless it were to a conversation at Mr. Taylor's, in Albany, last winter (at which he and General Hamilton were present). General Hamilton cannot recollect distinctly the particulars of that conversation, so as to undertake to repeat them, without running the risk of varying or omitting what might be deemed important circumstances. The expressions are entirely forgotten, and the specific ideas imperfectly remembered; but to the best of his recollection it consisted of comments on the political principles and views of Colonel Burr, and the results that might be expected from them in the event of his election as Governor, without reference to any particular instance of past conduct or private character.
 * Nathaniel Pendleton 1875; in Winfield, Charles H. 1874. History of the County of Hudson, New Jersey from Its Earliest Settlement to the Present Time. New York: Kennard and Hay. Chapter 8, "Duels., pp. 216–217

 * How far Colo. Hamilton—of whom you ask my opinion as a financier—has turned his thoughts to that particular study I am unable to ansr because I never entered upon a discussion of this post with him—but this I can venture to advance from a thorough knowledge of him, that there are few men to be found, of his age, who has a more general knowledge than he possesses—and none whose Soul is more firmly engaged in the cause—or who exceeds him in probity & Sterling virtue.
 * George Washington in a letter to John Sullivan (4 February 1781)

 * There is an elegant memorial in Washington to Jefferson, but none to Hamilton. However, if you seek Hamilton's monument, look around.  You are living in it.  We honor Jefferson, but live in Hamilton's country, a mighty industrial nation with a strong central government.
 * George Will, Restoration: Congress, Term Limits and the Recovery of Deliberative Democracy (1992)

 * Some leaders (like George Washington, James Madison, and Alexander Hamilton) wanted the United States to be a strong nation with a solid central government, one that would oversee all the states. These leaders were called nationalists.
 * 2018, page 13 of "What is the Constitution" by Patricia Brennan Demuth

 * America of 2015 IS [Hamilton's] world: A strong union bound by a federal government and the rule of law; a country unapologetic about its pursuit of profit and the banks to finance it; a place where cities, not farms, are the central organizing structure.
 * Dennis K. Berman, Business Editor of The Wall Street Journal, in "A $10 Death for Alexander Hamilton." The Wall Street Journal. June 17, 2015.

 * If the character of Washington fortified the new government, the genius of his secretary of treasury enabled it to function successfully….He had a keen and quick perception of means, and a steady eye on remote ends. He produced bold plans and definite policies where others had cautious notions and vague principles. When Congress was thinking of what the people would say, Hamilton told it and the people what it ought to do. He had untiring energy, and accepted responsibility with gusto.
 * Samuel Elliot Morrison, The Oxford History of the American People (1964) p. 323

title: Alexander Hamilton


text:
Jack Welch

John Francis Welch Jr. (November 19, 1935 – March 1, 2020) was an American businessman who served as Chairman and CEO of General Electric between 1981 and 2001. During his tenure, GE increased its market capitalization by over $400 billion. Welch also oversaw the firing of more than 100,000 GE employees, and was awarded a severance package of $417 million when he retired in 2001, the largest such payment in history.

Quotes

 * At the heart of this culture is an understanding that an organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive business advantage.
 * Cited in: Robert Slater (1998), Jack Welch & The G.E. Way: Management Insights and Leadership. p. 12

 * Six Sigma has forever changed GE. Everyone—from the Six Sigma zealots emerging from their Black Belt tours, to the engineers, the auditors, and the scientists, to the senior leadership that will take this Company into the new millennium—is a true believer in Six Sigma, the way this Company now works.
 * Cited in: Peter S. Pande, Robert P. Neuman, and Roland R. Cavanagh. The six sigma way. McGraw-Hill,, 2000. p. 4

 * The best Six Sigma projects begin not inside the business but outside it, focused on answering the question—how can we make the customer more competitive? What is critical to the customer’s success?... One thing we have discovered with certainty is that anything we do that makes the customer more successful inevitably results in a financial return for us.
 * As cited in: Peter S. Pande, Robert P. Neuman, and Roland R. Cavanagh. The six sigma way. McGraw-Hill,, 2000. p. 6

 * Loyalty to a company, it's nonsense.
 * Originally said to the Wall Street Journal, quoted by Mark Ames in Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 98

Jack: Straight from the Gut (2001)

 * I enjoy challenging a person's ideas. No one loves a good and passionately fought argument more than I do. This isn't about being tough-minded and straightforward. That's the job. But so is sensing when to hug and when to kick. Of course, arrogant people who refuse to learn from their mistakes have to go. If we're managing good people who are clearly eating themselves up over an error, our job is to help them through it. That doesn't mean you have to take it easy on your top performers.
 * Ch. 3.

 * The best way to support dreams and stretch is to set apart small ideas with big potential, then give people positive role models and the resources to turn small projects into big businesses.
 * Ch. 3.

 * I wanted to change the rules of engagement, asking for more— from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.
 * Ch. 9.

 * In GE every day, there's an informal, unspoken personnel review—in the lunchroom, the hallways, and in every business meeting. That intense people focus—testing everyone in a myriad of environments—defines managing at GE. In the end, that's what GE is. We build great people, who then build great products and services.
 * Ch. 11.

 * In manufacturing, we try to stamp out variance. With people, variance is everything.
 * Ch. 11.

 * Change has no constituency—and a perceived revolution has even less.
 * Ch. 12.

 * There are advantages to being the chairman. One of my favorite perks was picking out an issue and doing what I called a "deep dive." It's spotting a challenge where you think you can make a difference—one that looks like it would be fun—and then throwing the weight of your position behind it. Some might justifiably call it "meddling." I've often done this—just about everywhere in the company.
 * Ch. 14.

 * If you like business, you have to like GE. If you like ideas, you have to love GE. This is a place where ideas can flow freely from and through more than 20 separate businesses and more than 300,000 employees. Boundaryless behavior allows ideas to come from anywhere. We formalize our freewheeling style in a series of operating meetings that blend into one another.
 * Section IV introduction.

 * Being a CEO is the nuts! A whole jumble of thoughts come to mind: Over the top. Wild. Fun. Outrageous. Crazy. Passion. Perpetual motion. The give-and-take. Meetings into the night. Incredible friendships. Fine wine. Celebrations. Great golf courses. Big decisions in the real game. Crises and pressure. Lots of swings. A few home runs. The thrill of winning. The pain of losing. It's as good as it gets! You get paid a lot, but the real payoff is in the fun.
 * Ch. 24.

 * Getting every employee's mind into the game is a huge part of what a CEO job is all about. Taking everyone's best ideas and transferring them to others is the secret. There's nothing more important.
 * Ch. 24.

 * Getting the right people in the right jobs is a lot more important than developing a strategy.
 * Ch. 24.

 * Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence. Legitimate self-confidence is a winner. The true test of self-confidence is the courage to be open—to welcome change and new ideas regardless of their source. Self-confident people aren't afraid to have their views challenged. They relish the intellectual combat that enriches ideas.
 * Ch. 24.

 * Business has to be fun. For too many people, it's "just a job."
 * Ch. 24.

 * Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur.
 * Ch. 24.

Quotes about Jack Welch

 * One of the office world's most celebrated plutocrats was General Electric CEO Jack Welch, who coined the famous Welchism that employees have unlimited juice to squeeze, and who loved to tell people to "face reality." He earned the nickname Neutron Jack for having fired one hundred twenty-eight thousand of his employees and later boasting that all that was left after his mass firings were the buildings. That, and an enormous amount of cash for Jack and his happy shareholders. Yuk-yuk-yuk. Some people may not find his kind of humor to their liking, but it probably bowled 'em over in Kennebunkport, or the Hamptons, or the Berkshires, or any number of corporate billionaire hangouts... Of course, this doesn't mean that Jack Welch doesn't have a heart. In his autobiography Straight From the Heart, a New Age-infused ego-romp that sold like hotcakes to the credulous masses, Welch did manage to share his thoughts with us on the importance of friendship... buried in the section "A Short Reflection On Golf." Just in case you didn't think he was, uh, human, you see.
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 97

 * United for Fair Economy, an advocacy group, described Welch's feudal wealth this way: "If Mr. Welch's $83 million total compensation in 1998 were represented by the height of the Empire State Building, how tall would the buildings represented by other GE workers be? The typical factory worker, earning $40,000 a year, would be represented by a building just eight inches tall. A well-compensated General Electric manager, earning $100,000 a year, would be represented by a building less than two feet tall. Considered globally, a typical employee working in a GE factory in Mexico and making $4,500 a year would be represented by a building less than one inch tall- smaller than an anthill."
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 98

 * Welch retired just a few days before the terror attacks of 9/11 and was awarded a severance package worthy of a Saudi prince. GE gave Neutron Jack an annual pension of $9 million, health and life insurance, a $15 million Manhattan penthouse, unlimited use of the company's private Boeing 737 jet, a limo, country club memberships, VIP seats at New York Nicks and Yankees games, $7.5 million in furnishings and decorations for his four homes, and more. All this for a man who amassed a personal fortune thought to be close to a billion dollars during his years at GE, while firing one hundred twenty-eight thousand workers. The extent of Neutron Jack's pillage was only revealed after his wife busted him sleeping with another woman. She filed for divorce and sued when Welch offered her a typically Neutron Jack settlement of $15 million, a sum her lawyer termed "offensive." The ensuing Clash of the Gargoyles in the cracked Welch mansion exposed the grotesque size of his compensation, leading to a Securities and Exchange Commission investigation and eventually a pledge by Welch to pay back to GE a part of his retirement package.
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 98

 * In spite of his loathsome, King George personality, what is most appalling is how Jack Welch managed to become absolutely adored by corporate America's white-collar suckers. His minions who stood absolutely nothing to gain and everything to lose by worshipping his philosophy of destroying tens of thousands in order to enrich a few, called themselves "Welch-heads" in another example of our Reagan-era peasant-like behavior.
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 98

 * Most Americans today take it for granted that the workplace is unbearably stressful, fearful, and organized to transfer much of the wealth up to a tiny, privileged class of executives and shareholders at the expense of the many. But it wasn't always that way. Long before Neutron Jack, General Electric's stated relationship to their employees was deliberately paternalistic, respectful, secure, and symbiotic. In 1962, right around the time that young Jack Welch joined GE, Earl S. Willis, the manager of employee benefits at General Electric, wrote, "Maximizing employment security is a prime company goal." Later, he wrote, "The employee who can plan his economic future with reasonable certainty is an employer's most productive asset. Contrast this to Jack Welch, who bragged after one hundred twenty-eight thousand firings, one hundred twenty-eight thousand potentially ruined families, that "only the buildings remained standing." Oh, and his billion dollars in savings, his $15 million annual pension, and his company 737.
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 110

 * Clearly for most Americans, everything is getting worse and worse. The only beneficiaries are the Chainsaw Dunlaps and Neutron Jacks.
 * Mark Ames, Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 111

 * CEO of General Electric for 30 years, Jack Welch was declared the greatest manager of the 20th century. Focusing firmly on results, he revolutionized management to achieve phenomenal growth for his company.
 * Robert Heller (2001) Jack Welch Dorling Kindersley Pub.

 * It is time, as a nation, that we stop worshipping corporate greed and businessmen like Jack Welch, the former head of General Electric. While in corporate circles, and in the corporate media, Jack Welch is regarded as a brilliant and successful businessman, the truth is that he represents almost everything that is wrong with contemporary capitalism. As the CEO of General Electric, Welch moved dozens of GE factories abroad, outsourced hundreds of thousands of jobs, and slashed benefits for many of his employees. To add insult to injury, after destroying the retirement dreams of so many of his workers, he received a $400 million golden parachute for himself. This type of greed and ruthless capitalism is not an economic model we should be embracing. We can do better; we must do better.
 * Bernie Sanders Our Revolution (2016)

 * To fully understand what these trade agreements are all about, we should remember what Jack Welch, the former CEO of General Electric, said back in 1998. "Ideally," he said, "you'd have every plant you own on a barge to move with currencies and changes in the economy." What Mr. Welch was saying is that in the CEO's perfect world, companies like his would effortlessly move from country to country, wherever labor was cheapest, taxes were lowest, and environmental protections were weakest. In other words, if the U.S. increased its minimum wage, a company could simply pull up anchor and ship its jobs to Mexico. If Mexico strengthened its environmental laws, no problem, that company would simply move to China. If China banned sweatshops, then the company could just move to Vietnam. Until Vietnam decided to increase taxes, in which case... Well, you get the idea. This is the essence of what the "race to the bottom" is all about, and why millions of Americans are rejecting unfettered free trade. Mr. Welch's analogy of a company on a barge was brutally honest. In this era of free trade, he basically acknowledged that corporations have absolutely no loyalty to the countries where they are based or to the workers they employ. That's exactly what these corporate-backed, corporate-written free trade deals are all about. They really aren't about trade at all. Trade, when structured in a fair manner, can be a driver of increased wages and widely shared prosperity. But free trade agreements aren't fair. Rather, they are all about increasing the profits of multinational corporations that have allegiance only to their bottom line.
 * Bernie Sanders Our Revolution (2016)

 * Welch was both an active manager and a master corporate ambassador. He was legendarily peripatetic, traveling constantly to visit GE's far-flung operations, tirelessly grading managers and shuffling them between business units, and developing companywide strategic initiatives with exotic-sounding names like "Six Sigma" and "TQM". Welch had a lively, pugnacious personality and enjoyed his interactions with Wall Street and the business press. He was very comfortable in the limelight, and during his tenure at GE, he frequently appeared on the cover of Fortune magazine.
 * William N. Thorndike, Jr.,

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title: Jack Welch


text: User talk:203.196.175.92

title: User talk:203.196.175.92