Exactly. As I said above, Hamilton is problematic for modern conservatives.
There's the Federalism, but then there's his committment to capitalism and industry as the guarantee of liberty.
When he became the first treasurer he was faced with a large war debt and a population that wasn't very keen on paying their dues; to anyone. Many of the founding fathers had been actively involved in smuggling and some protested that paying taxes to the new government was simply changing the yoke and continued to smuggle.
He couldn't get the public to comply willingly so his only recourse was to create and use a very heavy federal hand.