The Fact that Hamilton shaped and guided the Administrations of Washington and John Adams at the Time generally believed, now clearly established--Occasions when his Influence did not prevail--His Views and Purposes on entering the Cabinet--Some of his early Measures not authorized by the Constitution--True Character of that Instrument--Hamilton as Secretary of the Treasury--His extraordinary Ability--His exaggerated Ideas as to the Embarrassments of the Country--Unfounded Alarm at that Period on the Subjects of the Public Debt and Public Revenues--Device for surmounting Constitutional Obstacles to Hamilton's Plan--Source of the Doctrine of Implied Powers--Foundation of Hamilton's Policy under his Construction of the Constitution--His Measures and the Effects he anticipated from them--The Funding System--The Weakening of State Authority a leading Feature of Hamilton's Policy--Further Aims and other "Stages of Improvement"--Hamilton's Report on Manufactures; its Ability, Spirit, and Political Effects upon its Author and his Party--Hamilton's Desire to build up in this Country a "Money Power" similar to that of England--Such a Power antagonistic to the Democratic Spirit of our People--The Real Object of Hamilton in endeavoring to transplant the System here--His temporary Success, and the Influence thereof in forming a School that survived him--His Motives and the Convictions upon which they were Founded.