“And as the vicissitudes of Nations beget a perpetual tendency to the accumulation of debt, there ought to be in every government a perpetual, anxious, and unceasing effort to reduce that, which at any times exists, as fast as shall be practicable consistently with integrity and good faith.”
Quote by Alexander Hamilton
Work
Reports of the secretary of the Treasury of the United States
This volume compiles the formal reports submitted by the Secretary of the Treasury to the United States Congress. These documents detail the government's financial operations, including revenue, expenditures, public debt, and recommendations for economic legislation. The reports serve as a historical record of the Treasury's management of national finances and its role in shaping early American economic policy. more
Author
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
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