“The prosperity of commerce is now perceived and acknowledged by all enlightened statesmen to be the most useful as well as the most productive source of national wealth, and has accordingly become a primary object of their political cares.”
Quote by Alexander Hamilton

Alexander HamiltonAlexander 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
“The natural effect of low interest is to increase trade and industry; because undertakings of every kind can be prosecuted with greater advantage.”
Source: Reports of the secretary of the Treasury of the United States
“But the greatest obstacle of all to the successful prosecution of a new branch of industry in a country, in which it was before unknown, consists . . . in the bounties, premiums, and other aids which are granted, in a variety of cases, by the nations, in which the establishments to be imitated are previously introduced.”
Source: Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States
“There is at this present juncture, a certain fermentation of mind, a certain activity of speculation and enterprise which if properly directed may be made subservient to useful purposes; but which if left entirely to itself, may be attended with pernicious effects.”
Source: Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States
“The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.”
Source: The works of Alexander Hamilton: comprising his correspondence, and his political and official writings, exclusive of the federalist, civil and military
“As long as we decline to allow sick uninsured people to just lie down and die on the side of the road, everybody has to have insurance for the health care system to work sanely.”
“It is very imprudent to deprive America of any of her privileges. If her commerce and friendship are of any importance to you, they are to be had on no other terms than leaving her in the full enjoyment of her rights.”
Source: Memoirs of Benjamin Franklin
“It should be our endeavor to cultivate the peace and friendship of every nation . . . . Our interest will be to throw open the doors of commerce, and to knock off all its shackles, giving perfect freedom to all persons for the vent to whatever they may choose to bring into our ports, and asking the same in theirs.”
Source: Notes on the State of Virginia
“I own myself the friend to a very free system of commerce, and hold it as a truth, that commercial shackles are generally unjust, oppressive and impolitic - it is also a truth, that if industry and labour are left to take their own course, they will generally be directed to those objects which are the most productive, and this in a more certain and direct manner than the wisdom of the most enlightened legislature could point out.”
Source: James Madison's
“The defect of power in the existing confederacy, to regulate the commerce between its several members is in the number of those which have been clearly pointed out by experience . . . . A very material object of this power was the relief of the States which import and export through other States from the improper contributions levied on them by the latter.”
Source: The Federalist, on the New Constitution, Written in the Year 1788, by Mr. Hamilton, Mr. Madison, and Mr. Jay: with an Appendix, Containing the Letters of Pacificus and Helvidius, on the Proclamation of Neutrality of 1793; Also, the Original Articles of Confederation, and the Constitution of the United States, with the Amendments Made Thereto
“The regulation of commerce, it is true, is a new power; but that seems to be an addition which few oppose and from which no apprehensions are entertained.”
Source: The Federalist, on the New Constitution, Written in the Year 1788