Quotessence
Home / Quotes / Quote by Alexander Hamilton

Quote by Alexander Hamilton

“Passive commerce . . . should thus . . . [compel us] to content ourselves with the first price of our commodities, and to see the profits of our trade snatched from us, to enrich our enemies and persecutors. That unequalled spirit of enterprise . . . an inexhaustible mine of national wealth, would be stifled and lost; and poverty and disgrace would overspread a country, which, with wisdom, might make herself the admiration and envy of the world.”

Quote by Alexander Hamilton

Work

The Federalist, on the New Constitution

Written by Alexander Hamilton, James Madison, and John Jay, this collection of essays provides a comprehensive defense of the proposed Constitution. It delves into the rationale behind the structure of the federal government, the balance of power among its branches, and the importance of federalism. The Federalist Papers are considered essential reading for understanding the philosophical underpinnings of the American political system. more

Author

Alexander Hamilton
Alexander Hamilton

Alexander Hamilton was a Founding Father of the United States, born on January 11, 1757, and died on July 12, 1804. He played a crucial role in the American Revolutionary War and was instrumental in the drafting of the U.S. Constitution. As the first Secretary of the Treasury, Hamilton promoted fiscal stability and economic growth, establishing the First Bank of the United States and proposing solutions for federal debt. His ideas and policies had a profound impact on the early political and economic development of the United States. more

You May Also Like

“By multiplying the means of gratification, by promoting the introduction and circulation of the precious metals, those darling objects of human avarice and enterprise, it serves to vivify and invigorate the channels of industry, and to make them flow with greater activity and copiousness. The assiduous merchant, the laborious husbandman, the active mechanic, and the industrious manufacturer,-all orders of men, look forward with eager expectation and growing alacrity to this pleasing reward of their toils.”

“To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted. Even things in themselves not positively advantageous, sometimes become so, by their tendency to provoke exertion. Every new scene, which is opened to the busy nature of man to rouse and exert itself, is the addition of a new energy to the general stock of effort.”

“The inducements of interest for observing [neutral] conduct . . . has been to endeavour to gain time to our country to settle and mature its yet recent institutions, and to progress without interruption, to that degree of strength and consistency, which is necessary to give it, humanly speaking, the command of its own fortunes.”

“Manufacturing establishments not only occasion a positive augmentation of the produce and revenue of the society . . . they contribute essentially to rendering them greater than they could possibly be, without such establishments. These circumstances are . . . greater scope for the diversity of talents and dispositions which discriminate men from each other.”

“The dustbin of history is littered with remains of those countries that relied on diplomacy to secure their freedom. We must never forget . . . in the final analysis . . . that it is our military, industrial and economic strength that offers the best guarantee of peace for America in times of danger.”

“Constructive trade, the two-way exchange of goods and services, is the most efficient and logical way for each nation . . . to build a stable prosperity, a prosperity based not on aid, but on mutually beneficial economic contacts.”

“Be in general virtuous, and you will be happy.”