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Quote by Alexander Hamilton

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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

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“There is an opinion that parties in free countries are useful checks upon the administration of the government, and serve to keep alive the spirit of liberty. This, within certain limits, is probably true, and, in governments of a monarchical cast, patriotism may look with indulgence, if not with favor, upon the spirit of party. But in those of the popular character, in governments purely elective, it is a spirit not to be encouraged.”

“Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.”