Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: conimbricenses

It is rather amusing to listen to your preachments about my “man-crush” and bias only to encounter your ability to swallow the most absurd Jeffersonian versions of reality IN EVERY CASE of controversy.

There is no way to blame Hamilton for the out of control federal spending executed under the party of Jefferson which Hamilton had warned about for over a decade. You know that party created to destroy Hamilton and thwart his efforts.

And it was not his policies which led to disunion but the ludicrous and dangerous constitutional theories of Jefferson. Hamilton’s program certainly ran up against the petty local interests which had crippled the Confederation and it eventually neutered their power and was not designed to coddle the democrats. His program without doubt strengthened the Union and laid the foundations for the great economic success following independence. Had his opponents’ programs been installed our survival would have been very doubtful.

Of the features which this policy exhibited it was the certainty that it WOULD strength the Union which was the element which generated the most opposition. His enemies did not WANT a strengthened Union and they KNEW Hamilton’s program would do just that weakening their influence.

It is interesting that AS IT STOOD Hamilton’s opponents complained that the Report on Public Credit was so “intricate and complicated it appears to require some time and attention to understand...” I’m sure the opponents would have welcomed even MORE intricacy and complication.

Perhaps the most significant economic theory held by Hamilton was the critical need to get rid of slavery in this nation. He knew it was a millstone around the Union’s neck and worked outside of the government to get rid of it as a founder of the New York Society for the Manumission of Slavery. It was this which declared Hamilton’s enmity to the Jeffersonians in all their hypocrisy and which provoked their blind hatred of the man and his ideas. It was this which cemented their determination to destroy him by any means necessary.

It has been said by experts on the subject that Hamilton’s Report on Public Credit marked a watershed in American history and was one of the great state papers on economics and finance. “It marks the end of an era of American bankruptcy and repudiation of debt and the beginning of a long era during which the public credit of the United States would be as sound as that of any other nation.”
That is one hell of an achievement. Hamilton himself commented “it is a curious phenomenon in political history (not easy to be paralleled), that a measure which has elevated the credit of the country from a state of absolute prostration to a state of exalted preeminence, should bring upon the authors of it reprobation and censure.” Thanks to Jefferson’s propagandists.


831 posted on 09/21/2010 9:17:51 PM PDT by arrogantsob
[ Post Reply | Private Reply | To 824 | View Replies ]


To: arrogantsob
only to encounter your ability to swallow the most absurd Jeffersonian versions of reality IN EVERY CASE of controversy.

Why is everything truthful about Hamilton a Jeffersonian conspiracy to you?

Hamilton spends two years paying a guy to prostitute his wife...evil Jeffersonian conspiracy!

Hamilton tries to foment a scheme to invade New Spain, New France, and South America...evil Jeffersonian lies!

Hamilton gets himself into his 10th duel in as many years, only this time it carries through and leaves him dead...evil Jeffersonian killers!

You have a serious case of Jefferson Derangement Syndrome.

There is no way to blame Hamilton for the out of control federal spending executed under the party of Jefferson which Hamilton had warned about for over a decade.

Hate to break it to ya, but the government programs didn't get out of control until the John Quincy Adams administration's internal improvements and high tariff protectionist schemes. Monroe being the last president under the First Party System and Adams Jr. the start of the Second Party System, it is simply silly to blame his excesses on the Jeffersonians.

And it was not his policies which led to disunion

So you're saying that protective tariffs were NOT a recurring source of sectional division for over a century?

Perhaps the most significant economic theory held by Hamilton was the critical need to get rid of slavery in this nation. He knew it was a millstone around the Union’s neck and worked outside of the government to get rid of it as a founder of the New York Society for the Manumission of Slavery.

Oh, so now Hamilton was an abolitionist? That's a curious claim to make about a guy who bought at least 6 slaves during his life at auction and routinely rented out slave laborers from his friends to do his housework. He was NOT a founder of the Manumission Society either, but merely joined the already-organized group at its second meeting at the behest of John Jay.

It has been said by experts on the subject

Ah yes. Unnamed "experts" on the "subject." And what "subject" might that be? Why Hamilton of course! And these "experts" are typically Hamilton hagiographers.

Meanwhile, if you go to any economics department at any university in America today and ask to find a representative of the Hamiltonian School, what do you get? Crickets chirping.

833 posted on 09/21/2010 9:37:38 PM PDT by conimbricenses (Red means run son, numbers add up to nothing.)
[ Post Reply | Private Reply | To 831 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson