Alexander Hamilton

Summary

Alexander Hamilton The works of Alexander Hamilton… (1850)

It is certain that the mines of South America have had great influence in banishing industry from Spain, and sinking it in real wealth and importance. Great power, commerce, and riches, or, in other words, great national prosperity, may, in like manner, be denominated evils; for they lead to insolence, an inordinate ambition, a vicious luxury, licentiousness of morals, and all those vices which corrupt government, enslave the people, and precipitate the ruin of a nation. But no wise statesman will reject the good, from an apprehension of the ill.
Source: Gutenberg

Alexander Hamilton The works of Alexander Hamilton… (1850)

It is true, the individuals in America are not very rich; but this would not prevent their instituting a Bank; it would only prevent its being done with such ample funds as in other countries. Have they not sufficient confidence in the Government, and in the issue of the cause? Let the Government endeavor to inspire that confidence, by adopting the measures I have recommended, or others equivalent to them. Let it exert itself to procure a solid Confederation; to establish a good plan of executive administration; to form a permanent military force; to obtain, at all events, a foreign loan.
Source: Gutenberg

Alexander Hamilton The works of Alexander Hamilton… (1850)

DUANE TO HAMILTON. Manor Livingston, 23d September, 1779.
My Dear Sir:
I am obliged much by your kind attention to me. The condition of our enemies, instead of being formidable, as they predicted, seems daily to become more feeble; and instead of those vigorous and decisive operations, which could alone have revived their declining cause, and kept up the spirits of their infatuated adherents, we see nothing but languor, discontent, and disgust in their army, their fields, and their councils.
Source: Gutenberg

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