Famous American Statesmen

by Sarah Knowles Bolton

The opposition to its adoption was very great. Hamilton, with praiseworthy spirit, accepted it as the best thing attainable under the circumstances, and worked for it night and day with all the vigor and power of his masterly intellect. To the Federalist he contributed fifty-one papers in defence of the Constitution, and did more than any other man to secure its ultimate adoption.

Henry Cabot Lodge, in his clear and admirable "Life of Hamilton," says: "As an exposition of the meaning and purposes of the Constitution, the Federalist is now, and always will be cited, on the bench and at the bar, by American commentators, and by all writers on constitutional law. As a treatise on the principles of federal government it still stands at the head, and has been turned to as an authority by the leading minds of Germany, intent on the formation of the German Empire."

Party feeling ran high. When a State enrolled herself in favor of the Constitution, bonfires, feasts, and public processions testified to the joy of a portion of the people; while the burning in effigy of prominent Federalists, mobs and riots, testified to the anger of the opponents. In the State of New York the contest was extremely bitter. Hamilton used all his logic, his eloquence, his fire, and his boundless activity to carry the State in favor of the Constitution. Said Chancellor Kent: "He urged every motive and consideration that ought to sway the human mind in such a crisis. He touched, with exquisite skill, every chord of sympathy that could be made to vibrate in the human breast. Our country, our honor, our liberties, our firesides, our posterity were placed in vivid colors before us."

When told by a friend, who was just starting on a journey, that he would be questioned in relation to the adoption of the Constitution, Hamilton replied: "God only knows! Several votes have been taken, by which it appears that there are two to one against us." But suddenly his face brightened, as he said, "Tell them that the convention shall never rise until the Constitution is adopted."

The excitement in New York city became intense. Crowds collected on the street-corners, and whispered, "Hamilton is speaking yet!" Late in the evening of July 28, 1788, it was announced that the Constitution had been adopted by New York, the vote standing thirty to twenty-seven. At once the bells were rung and guns were fired. A great procession was formed of professional men and artisans, bearing pictures of Washington and Hamilton, and banners, with the words "Federalist," "Liberty of the Press," and "The Epoch of Liberty." The federal frigate Hamilton was fully manned, and received the plaudits of the crowds.

When the Constitution was adopted, at last, Washington was made President, April 30, 1789. It was not strange that he chose for his Secretary of the Treasury the man who had studied finance by the camp-fires of the Revolution. At thirty-two Hamilton was in the Cabinet of his country. At once Congress asked him to prepare a report on the public credit, stating his plan of providing for the public debt. In about three months the report was ready. It advocated the funding of all the debts of the United States incurred through the war. As to the foreign and domestic debts, all persons seemed agreed that these should be paid; but the assumption of the debts of the different States met with the most violent opposition. Those who owed a few million dollars were unwilling to help those who owed many millions.

Hamilton advocated a foreign loan, not to exceed twelve millions, and a revenue derived from taxes on imports; such a revenue as would not only provide funds for the new nation, but protect manufactures from the competition of the old world. The believers in protection have had no more earnest or able advocate than Hamilton.

His next report was an elaborate one upon national banks, and the establishment of a United States bank, which should give a uniform system of bank-notes, instead of the unreliable and uneven values of the notes of the State banks. His financial policy, while it aroused the bitterest enmity in some quarters, raised the United States from bankruptcy to the respect of her creditors, abroad and at home. When the old cry of "unconstitutional!" was heard, as it has been heard ever since when any great matter is suggested, Hamilton taught the people to feel that the implied powers of the Constitution were great enough for all needs, and that the document must be interpreted by the spirit as well as the letter of the law. Capitalists were his strong advocates, as they well knew that a firm and safe financial policy was at the root of success and progress.

Very soon after his report on banks, he transmitted to Congress a report on the establishment of a mint, showing wide research on the subject of coinage. Besides these papers, he reported on the purchase of West Point, on public lands, navigation laws, on the post-office, and other matters, always showing careful study, good judgment, and patriotism.

That he was accused of being a monarchist signified little, as there were hundreds of people at that time who feared that the republic would go down, as had others in past centuries. He so deprecated the lack of central power in the government that he exaggerated the dangers of the people's rule. This lack of trust in the masses and in the power of the Constitution, and Thomas Jefferson's trust in self-government and belief in States' rights, led, at last, to the bitter and public disagreement of these two great men, the Secretary of the Treasury and the Secretary of State. Each was honest in his belief; each was tolerant of most men, but intolerant of the other to the end of life.