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Hamilton again restored order to the market by purchasing government securities, but the damage to his reputation had been done, especially when it surfaced that William Duer had raided the SEUM coffers for speculative funds. In the National Gazette Freneau seized this chance to revile the Hamiltonian system, which he blamed for “scenes of speculat
... See moreRon Chernow • Washington
Thanks to the astute, if mercurial, diplomacy of John Adams, such an invasion never happened. When the president sent two envoys to France that October, without consulting his cabinet first, Washington was beset by serious doubts. “I was surprised at the measure, how much more so at the manner of it?” he told Hamilton. “This business seems to have
... See moreRon Chernow • Washington
In a hopeful speech, Washington anticipated Hamilton’s financial program by endorsing the need to establish public credit and promote manufacturing, agriculture, and commerce. He sounded a theme already resonant in his wartime letters: the need to ensure a strong national defense: “To be prepared for war is one of the most effectual means of preser
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Thomas Jefferson wasn’t against expansion any more than George Washington was. It’s just that, like Washington, he envisioned it as a controlled process.
Daniel Immerwahr • How to Hide an Empire
- What will be products two, three, and four? Do you know what your follow-up products
Ryan Daniel Moran • 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur
To combat vocal foes of the Constitution in New York, Hamilton published in late October the first essay of The Federalist under the pen name “Publius” and rushed a copy to Washington. Washington had told David Humphreys that the Constitution’s acceptance would depend upon “the recommendation of it by good pens,” and The Federalist must have seemed
... See moreRon Chernow • Washington
To Rescue the Constitution: George Washington and the Fragile American Experiment
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Alexander Hamilton (1755-1804), first Secretary of the Treasury, had two sons, both named Philip. Philip the younger (1802-1884) was assistant District Attorney in New York and was a member and Past Master of Albion Lodge 26. He was often confused with his older brother of the same name who died prior to the second Philip's birth. The elder Philip
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