“The power of creating new funds upon new objects of taxation, by its own authority, would enable the national government to borrow as far as its necessities might require.”
Quote by Alexander Hamilton
Work
The Federalist Papers (Including Declaration of Independence & United States Constitution): Written by the Founding Fathers in Favor of the Constitution – Arguments that Created the Modern America
This seminal work includes foundational texts of American governance, offering insights into the philosophical underpinnings of the U.S. Constitution and the principles of federalism. It is a compilation of arguments and discussions that played a crucial role in shaping the political landscape of the United States. 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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