The Conqueror: Being the True and Romantic Story of Alexander HamiltonAtherton, Gertrude Franklin Horn
General
The Conqueror: Being the True and Romantic Story of Alexander Hamilton
Atherton, Gertrude Franklin Horn
Hamilton, Alexander, 1757-1804 -- Fiction
The new Congress, made up, though it was, of many of the ablest men in
the country, had inherited the dilatory methods of the old, and did not
pass an act establishing the Treasury Department until the 2d of
September. Hamilton's appointment to this most important portfolio at
the disposal of the President was looked upon as a matter of course. It
created little discussion, but so deep a feeling of security, that even
before the reading of his famous Report business had revived to some
extent. This Report upon the public credit was demanded of him at once,
but it was not until the recess of Congress that he could work
uninterruptedly upon it; for that body, floundering in its chaos of
inherited difficulties, turned to the new Secretary for advice on almost
every problem that beset it. I cannot do better here than to quote from
the monograph on Hamilton by Henry Cabot Lodge, who puts with admirable
succinctness a series of facts important to the knowledge of every
American:--
In the course of a year he was asked to report, and did report with
full details, upon the raising, management, and collection of the
revenue, including a scheme for revenue cutters; as to the
estimates of income and expenditure; as to the temporary regulation
of the chaotic currency; as to navigation laws, and the regulation
of the coasting trade, after a thorough consideration of a heap of
undigested statistics; as to the post-office, for which he drafted
a bill; as to the purchase of West Point; on the great question of
public lands and a uniform system of managing them; and upon all
claims against the government. Rapidly and effectively the
secretary dealt with all these matters, besides drawing up as a
voluntary suggestion a scheme for a judicial system. But in
addition to all this multiplicity of business there were other
matters like the temporary regulation of the currency, requiring
peremptory settlement. Money had to be found for the immediate and
pressing wants of the new government before any system had been or
could be adopted, and the only resources were the empty treasury
and broken credit of the old confederacy. By one ingenious
expedient or another, sometimes by pledging his own credit,
Hamilton got together what was absolutely needful, and without a
murmur conquered those petty troubles when he was elaborating and
devising a far-reaching policy. Then the whole financial machine of
the Treasury Department, and a system of accounting, demanded
instant attention. These intricate problems were solved at once,
the machine constructed, and the system of accounts devised and put
into operation; and so well were these difficult tasks performed
that they still subsist, developing and growing with the nation,
but at bottom the original arrangements of Hamilton. These
Public-domain text, read in full here on John Shaqi.
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