Alexander Hamilton

Building on biographies by Richard Brookhiser and Willard Sterne Randall , Ron Chernowx92s Alexander Hamilton provides what may be the most comprehensive modern examination of the often overlooked Founding Father. From the start, Chernow argues that Hamiltonx92s premature death at age 49 left his record to be reinterpreted and even re-written by his more long-lived enemies, among them: Thomas Jefferson, John Adams, and James Monroe. Hamiltonx92s achievements as first Secretary of the Treasury, co-author of The Federalist Papers , and member of the Constitutional Convention were clouded after his death by strident claims that he was an arrogant, self-serving monarchist. Chernow delves into the almost 22,000 pages of letters, manuscripts, and articles that make up Hamiltonx92s legacy to reveal a man with a sophisticated intellect, a romantic spirit, and a late-blooming religiosity. One fault of the book, is that Chernow is so convinced of Hamiltonx92s excellence that his narrative sometimes becomes hagiographic. Nowhere is this more apparent than in Chernowx92s account of the infamous duel between Hamilton and Aaron Burr in 1804. He describes Hamiltonx92s final hours as pious, while Burr, Jefferson, and Adams achieve an almost cartoonish villainy at the news of Hamiltonx92s passing. A defender of the union against New England secession and an opponent of slavery, Hamilton has a special appeal to modern sensibilities. Chernow argues that in contrast to Jefferson and Washingtonx92s now outmoded agrarian idealism, Hamilton was "the prophet of the capitalist revolution" and the true forebear of modern America. In his Prologue, he writes: "In all probability, Alexander Hamilton is the foremost figure in American history who never attained the presidency, yet he probably had a much deeper and more lasting impact than many who did." With Alexander Hamilton , this impact can now be more widely appreciated. --Patrick O'Kelley From Publishers Weekly After hulking works on J.P. Morgan, the Warburgs and John D. Rockefeller, what other grandee of American finance was left for Chernow's overflowing pen than the one who puts the others in the shade? Alexander Hamilton (1755x961804) created public finance in the United States. In fact, it's arguable that without Hamilton's political and financial strategic brilliance, the United States might not have survived beyond its early years. Chernow's achievement is to give us a biography commensurate with Hamilton's character, as well as the full, complex context of his unflaggingly active life. Possessing the most powerful (though not the most profound) intelligence of his gifted contemporaries, Hamilton rose from Caribbean bastardy through military service in Washington's circle to historic importance at an early age and then, in a new era of partisan politics, gradually lost his political bearings. Chernow makes fresh contributions to Hamiltoniana: no one has discovered so much about Hamilton's illegitimate origins and harrowed youth; few have been so taken by Hamilton's long-suffering, loving wife, Eliza. Yet it's hard not to cringe at some of Hamilton's hotheaded words and behavior, especially sacrificing the well-being of his family on the altar of misplaced honor. This is a fine work that captures Hamilton's life with judiciousness and verve. Illus. Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. From Booklist *Starred Review* Washington is revered as the "father of his country" and the "indispensable man." Jefferson is the "apostle of liberty," the author of our most sacred national document, and his idealism, though flawed, continues to inspire us. And Alexander Hamilton? He inspires admiration for his financial acumen and respect for his drive to rise above the genteel poverty of his youth. Yet he seldom is accorded the affection reserved for some of our national icons. But as Chernow's comprehensive and superbly written biography makes clear, Hamilton was at least as influential as any of our Founding Fathers in shaping our national institutions and political culture. He was the driving force behind the calling of the Constitutional Convention, and he was instrumental in overcoming opposition to ratification. In Washington's cabinet, he consistently promoted a national perspective while placing our economy on a sound financial footing. Chernow, who has previously written biographies of J. P. Morgan and John D. Rockefeller, acknowledges Hamilton's arrogance, his bouts of self-pity, and his penchant for cynical manipulation. But this self-made man was capable of great compassion and was consistently outraged by the institution of slavery. Although his understanding of human limitations made him suspicious of unrestrained democracy, his devotion to individual liberty did not falter. Jay Freeman Copyright © American Library Association. All rights reserved "...[N]obody has captured Hamilton better than Chernow..."xa0— The New York Times Book Review "...[A] biography commensurate with Hamilton's character, as well as the full, complex context of his unflaggingly active life.... This is a fine work that captures Hamilton's life with judiciousness and verve." — Publishers Weekly "A splendid life of an enlightened reactionary and forgotten Founding Father. Literate and full of engaging historical asides. By far the best of the many lives of Hamilton now in print, and a model of the biographer’s art."— Kirkus Reviews (Starred Review) "A robust full-length portrait, in my view the best ever written, of the most brilliant, charismatic and dangerous founder of them all." — Joseph J. Ellis , author of Founding Brothers: The Revolutionary Generation "A brilliant historian has done it again! The thoroughness and integrity of Ron Chernow’s research shines forth on every page of his Alexander Hamilton . He has created a vivid and compelling portrait of a remarkable man—and at the same time he has made a monumental contribution to our understanding of the beginnings of the American Republic.”— Robert A. Caro , author of The Power Broker and The Years of Lyndon Johnson "Alexander Hamilton was one of the most brilliant men of his brilliant time, and one of the most fascinating figures in all of American history. His rocketing life-story is utterly amazing. His importance to the founding of the new nation, and thus to the whole course of American history, can hardly be overstated. And so Ron Chernow's new Hamilton could not be more welcome. This is grand-scale biography at its best—thorough, insightful, consistently fair, and superbly written. It clears away more than a few shop-worn misconceptions about Hamilton, gives credit where credit is due, and is both clear-eyed and understanding about its very human subject. Its numerous portraits of the complex, often conflicting cast of characters are deft and telling. The whole life and times are here in a genuinely great book." — David McCullough , author of John Adams Ron Chernowxa0is the prizewinning author of seven books and the recipient of the 2015 National Humanities Medal. His first book, The House of Morgan , won the National Book Award; Washington: A Life won the Pulitzer Prize for Biography; and Alexander Hamilton— the inspiration for the Broadway musical—won thexa0George Washingtonxa0Book Prize. His other books include The Warburgs, The Death of the Banker, Titan, and Grant .xa0A past president of PEN America, Chernow has been the recipient of eight honorary doctorates. He resides in Brooklyn, New York. From The Washington Post An illegitimate orphan from the West Indies, Alexander Hamilton rose to become George Washington's most trusted adviser in war and peace -- only to be snared in a sex scandal and killed in a duel by Vice President Aaron Burr. None of the American Founders had a more dramatic life or death than Hamilton -- and none did more to lay the foundations of America's future wealth and power. Revered by Lincoln Republicans, Hamilton fell out of favor in the middle of the 20th century thanks to the influence, first in the Democratic Party of Franklin Roosevelt and then in today's Republican Party, of Southern and Western conservatives and populists for whom Hamilton's arch-rival, Thomas Jefferson, was the greatest of the Founding Fathers. But recent scholarship has replaced the sanitized image of Jefferson as an egalitarian idealist with the theorist of states' rights, pseudoscientific racism and agrarian economics who sold slaves to pay for his luxuries. Because Hamilton was an abolitionist, promoter of high-tech capitalism and champion of a world-class military, he is an ancestor whose attitudes do not embarrass contemporary Americans. In Alexander Hamilton, Ron Chernow, the author of The House of Morgan, The Warburgs and Titan, a biography of John D. Rockefeller, has brought to life the Founding Father who did more than any other to create the modern United States. The self-made man and the immigrant who achieves success are figures dear to American culture; Hamilton, alone among the prominent Founders, was both. Chernow writes, "no immigrant in American history has ever made a larger contribution than Alexander Hamilton." Hamilton, who became one of the first American leaders to call for the abolition of slavery, grew up in the Caribbean slave societies of Nevis and St. Croix. He was the illegitimate child of James Hamilton, the younger son of a Scots laird, and Rachel Faucette, a woman of British and French Huguenot descent who had fled from her first husband. (Chernow's extensive research has uncovered nothing to substantiate claims that Hamilton, by way of his mother, was partly black.) Hamilton and his brother, James Jr., were abandoned by their father in 1765 and orphaned when their mother died in 1767. Hamilton was 12. Sent to New York as a scholarship boy, the orphan from the West Indies flourished at King's College (now Columbia University), penned an anti-British polemic, "The Farmer Refuted," and, when the Revolution broke out, became an artillery captain whose exploits inspired Washington to make Hamilton his aide-de-camp. Hamilton's transformation from outsider to insider was complete when he married Elizabeth "Eliza" Schuyler, a member of one of the richest and most politically influential families in New York. Like Washington, Hamilton sought to replace the Articles of Federation with a stronger national constitution and took part in the Philadelphia convention. In the fall of 1787, Hamilton recruited John Jay and James Madison to help him write the essays that became the Federalist Papers, to persuade New York's ratifying convention to approve the new federal constitution. According to Chernow, "Hamilton supervised the entire Federalist project. He dreamed up the idea, enlisted the participants, wrote the overwhelming bulk of the essays, and oversaw the publication." While romantic agrarians like Jefferson dreamed of an isolationist America uncorrupted by manufacturing, Hamilton realized that to survive in a world of rival great powers the United States would have to adopt selected elements of the economic and military policies of Britain and France. As Washington's secretary of the treasury, Hamilton infuriated populists by refusing to distinguish between the original holders of Revolutionary War-era debt -- many of them soldiers -- and the speculators who had bought them out. In Chernow's words, Hamilton's refusal "established the legal and moral basis for securities trading in America: the notion that securities are freely transferable and that buyers assume all rights to profit or loss in transactions." Jefferson, Madison and other Southern agrarians were bribed into acquiescing in Hamilton's financial system by the decision to place the permanent U.S. capital on the Potomac. According to Chernow, "Madison and Henry Lee speculated in land on the Potomac, hoping to earn a windfall profit if the area was chosen for the capital." Hamilton went on to oversee the creation of the First Bank of the United States, the ancestor of today's Federal Reserve. Even more important for America's future prosperity were Hamilton's plans for government-encouraged industrial capitalism. His ambitious industrial corporation, the Society for Establishing Useful Manufactures (SEUM), was a failure. But in his Report on Manufactures (1791), he made the classic "infant-industry" argument that American industries needed assistance from the federal government if they were to catch up with British manufacturing. Hamilton's most important successors in American politics were Henry Clay and Abraham Lincoln, who, as president, presided over the enactment of Hamiltonian policies such as federal investment in railroads, national banking and support for U.S. industries by means of high tariffs (Hamilton himself had preferred "bounties" or subsidies to infant industries as an alternative to tariffs). Hamilton had no more doubt than Lincoln did later that the constitution empowered the federal government to suppress insurrections. When an excise tax in 1794 provoked thousands of mostly Scots-Irish backwoodsmen to assault federal tax officials in what became known as "the Whiskey Rebellion," Hamilton insisted on a strong response. President Washington agreed: "If the laws are to be trampled upon with impunity, and a minority is to dictate to the majority, there is an end put at one stroke to republican government." In an echo of the Revolutionary War, the two men led a military expedition before which the rebels melted away. A third reunion of Washington and Hamilton as military leaders came in 1798-99, when war loomed with France and President John Adams asked Washington to come out of retirement to lead an army that Hamilton organized. When Adams adopted a conciliatory policy toward France, Hamilton was furious and penned a denunciation of the president. "In writing an intemperate indictment of John Adams," Chernow says, "Hamilton committed a form of political suicide that blighted the rest of his career." Hamilton's denunciations of Aaron Burr, Thomas Jefferson's scheming vice president, led to Hamilton's shooting death in the famous duel at Weehawken, N.J., on July 11, 1804. Hamilton, who had become an increasingly pious Christian after his son, Philip, died in a duel, deliberately missed Burr. Chernow makes the interesting suggestion that Hamilton's willingness to fight a duel, along with his hypersensitivity about honor, reflects the influence of his West Indian background. In the West Indies as in the South, "plantation society was a feudal order, predicated on personal honor and dignity, making duels popular among whites who fancied themselves noblemen." In this magisterial biography, Chernow tells the story not only of Hamilton but also of his wife, Eliza, a remarkable woman who died at the age of 97 in 1854. The year before, "When the ninety-five-year old Eliza dined at the White House . . . she made a grand entrance with her daughter. President Fillmore fussed over her, and the first lady gave up her chair to her. Everybody was eager to touch a living piece of American history." Generations earlier, Eliza had endured with stoic dignity the controversy over Hamilton's affair with Maria Reynolds, a woman who seduced the treasury secretary so that her husband could blackmail him (Chernow provides a good account of this, the first political sex scandal in American history.) Today Eliza is buried next to her husband in the Trinity Churchyard in New York City, which Jeffersonians once called "Hamiltonopolis." "The magnitude of Hamilton's feats as treasury secretary has overshadowed many other facets of his life: clerk, college student, youthful poet, essayist, artillery captain, wartime adjutant to Washington, battlefield hero, congressman, abolitionist, Bank of New York founder, state assemblyman, member of the Constitutional Convention and New York Ratifying Convention, orator, lawyer, polemicist, educator, patron saint of the New-York Evening Post, foreign-policy theorist, and major general in the army," writes Chernow. His verdict is persuasive: "If Jefferson provided the essential poetry of American political discourse, Hamilton established the prose of American statecraft. No other founder articulated such a clear and prescient vision of America's future political, military, and economic strength or crafted such ingenious mechanisms to bind the nation together." Reviewed by Michael Lind Copyright 2004, The Washington Post Co. All Rights Reserved. Excerpt. © Reprinted by permission. All rights reserved. PROLOGUE THE OLDEST REVOLUTIONARY WAR WIDOW In the early 1850s, few pedestrians strolling past the house on H Street in Washington, near the White House, realized that the ancient widow seated by the window, knitting and arranging flowers, was the last surviving link to the glory days of the early republic. Fifty years earlier, on a rocky, secluded ledge overlooking the Hudson River in Weehawken, New Jersey, Aaron Burr, the vice president of the United States, had fired a mortal shot at her husband, Alexander Hamilton, in a misbegotten effort to remove the man Burr regarded as the main impediment to the advancement of his career. Hamilton was then forty-nine years old. Was it a benign or a cruel destiny that had compelled the widow to outlive her husband by half a century, struggling to raise seven children and surviving almost until the eve of the Civil War? Elizabeth Schuyler Hamilton-purblind and deaf but gallant to the end-was a stoic woman who never yielded to self-pity. With her gentle manner, Dutch tenacity, and quiet humor, she clung to the deeply rooted religious beliefs that had abetted her reconciliation to the extraordinary misfortunes she had endured. Even in her early nineties, she still dropped to her knees for family prayers. Wrapped in shawls and garbed in the black bombazine dresses that were de rigueur for widows, she wore a starched white ruff and frilly white cap that bespoke a simpler era in American life. The dark eyes that gleamed behind large metal-rimmed glasses-those same dark eyes that had once enchanted a young officer on General George Washington's staff-betokened a sharp intelligence, a fiercely indomitable spirit, and a memory that refused to surrender the past. In the front parlor of the house she now shared with her daughter, Eliza Hamilton had crammed the faded memorabilia of her now distant marriage. When visitors called, the tiny, erect, white-haired lady would grab her cane, rise gamely from a black sofa embroidered with a floral pattern of her own design, and escort them to a Gilbert Stuart painting of George Washington. She motioned with pride to a silver wine cooler, tucked discreetly beneath the center table, that had been given to the Hamiltons by Washington himself. This treasured gift retained a secret meaning for Eliza, for it had been a tacit gesture of solidarity from Washington when her husband was ensnared in the first major sex scandal in American history. The tour's highlight stood enshrined in the corner: a marble bust of her dead hero, carved by an Italian sculptor, Giuseppe Ceracchi, during Hamilton's heyday as the first treasury secretary. Portrayed in the classical style of a noble Roman senator, a toga draped across one shoulder, Hamilton exuded a brisk energy and a massive intelligence in his wide brow, his face illumined by the half smile that often played about his features. This was how Eliza wished to recall him: ardent, hopeful, and eternally young. "That bust I can never forget," one young visitor remembered, "for the old lady always paused before it in her tour of the rooms and, leaning on her cane, gazed and gazed, as if she could never be satisfied." For the select few, Eliza unearthed documents written by Hamilton that qualified as her sacred scripture: an early hymn he had composed or a letter he had drafted during his impoverished boyhood on St. Croix. She frequently grew melancholy and longed for a reunion with "her Hamilton," as she invariably referred to him. "One night, I remember, she seemed sad and absent-minded and could not go to the parlor where there were visitors, but sat near the fire and played backgammon for a while," said one caller. "When the game was done, she leaned back in her chair a long time with closed eyes, as if lost to all around her. There was a long silence, broken by the murmured words, 'I am so tired. It is so long. I want to see Hamilton.'"1 Eliza Hamilton was committed to one holy quest above all others: to rescue her husband's historical reputation from the gross slanders that had tarnished it. For many years after the duel, Thomas Jefferson, John Adams, and other political enemies had taken full advantage of their eloquence and longevity to spread defamatory anecdotes about Hamilton, who had been condemned to everlasting silence. Determined to preserve her husband's legacy, Eliza enlisted as many as thirty assistants to sift through his tall stacks of papers. Unfortunately, she was so self-effacing and so reverential toward her husband that, though she salvaged every scrap of his writing, she apparently destroyed her own letters. The capstone of her monumental labor, her life's "dearest object," was the publication of a mammoth authorized biography that would secure Hamilton's niche in the pantheon of the early republic. It was a long, exasperating wait as one biographer after another discarded the project or expired before its completion. Almost by default, the giant enterprise fell to her fourth son, John Church Hamilton, who belatedly disgorged a seven-volume history of his father's exploits. Before this hagiographic tribute was completed, however, Eliza Hamilton died at ninety-seven on November 9, 1854. Distraught that their mother had waited vainly for decades to see her husband's life immortalized, Eliza Hamilton Holly scolded her brother for his overdue biography. "Lately in my hours of sadness, recurring to such interests as most deeply affected our blessed Mother...I could recall none more frequent or more absorbent than her devotion to our Father. When blessed memory shows her gentle countenance and her untiring spirit before me, in this one great and beautiful aspiration after duty, I feel the same spark ignite and bid me...to seek the fulfillment of her words: 'Justice shall be done to the memory of my Hamilton.'"2 It was, Eliza Hamilton Holly noted pointedly, the imperative duty that Eliza had bequeathed to all her children: Justice shall be done to the memory of my Hamilton. Well, has justice been done? Few figures in American history have aroused such visceral love or loathing as Alexander Hamilton. To this day, he seems trapped in a crude historical cartoon that pits "Jeffersonian democracy" against "Hamiltonian aristocracy." For Jefferson and his followers, wedded to their vision of an agrarian Eden, Hamilton was the American Mephistopheles, the proponent of such devilish contrivances as banks, factories, and stock exchanges. They demonized him as a slavish pawn of the British Crown, a closet monarchist, a Machiavellian intriguer, a would-be Caesar. Noah Webster contended that Hamilton's "ambition, pride, and overbearing temper" had destined him "to be the evil genius of this country."3 Hamilton's powerful vision of American nationalism, with states subordinate to a strong central government and led by a vigorous executive branch, aroused fears of a reversion to royal British ways. His seeming solicitude for the rich caused critics to portray him as a snobbish tool of plutocrats who was contemptuous of the masses. For another group of naysayers, Hamilton's unswerving faith in a professional military converted him into a potential despot. "From the first to the last words he wrote," concluded historian Henry Adams, "I read always the same Napoleonic kind of adventuredom."4 Even some Hamilton admirers have been unsettled by a faint tincture of something foreign in this West Indian transplant; Woodrow Wilson grudgingly praised Hamilton as "a very great man, but not a great American."5 Yet many distinguished commentators have echoed Eliza Hamilton's lament that justice has not been done to her Hamilton. He has tended to lack the glittering multivolumed biographies that have burnished the fame of other founders. The British statesman Lord Bryce singled out Hamilton as the one founding father who had not received his due from posterity. In The American Commonwealth , he observed, "One cannot note the disappearance of this brilliant figure, to Europeans the most interesting in the early history of the Republic, without the remark that his countrymen seem to have never, either in his lifetime or afterwards, duly recognized his splendid gifts."6 During the robust era of Progressive Republicanism, marked by brawny nationalism and energetic government, Theodore Roosevelt took up the cudgels and declared Hamilton "the most brilliant American statesman who ever lived, possessing the loftiest and keenest intellect of his time."7 His White House successor, William Howard Taft, likewise embraced Hamilton as "our greatest constructive statesman."8 In all probability, Alexander Hamilton is the foremost political figure in American history who never attained the presidency, yet he probably had a much deeper and more lasting impact than many who did. Hamilton was the supreme double threat among the founding fathers, at once thinker and doer, sparkling theoretician and masterful executive. He and James Madison were the prime movers behind the summoning of the Constitutional Convention and the chief authors of that classic gloss on the national charter, The Federalist , which Hamilton supervised. As the first treasury secretary and principal architect of the new government, Hamilton took constitutional principles and infused them with expansive life, turning abstractions into institutional realities. He had a pragmatic mind that minted comprehensive programs. In contriving the smoothly running machinery of a modern nation-state-including a budget system, a funded debt, a tax system, a central bank, a customs service, and a coast guard-and justifying them in some of America's most influential state papers, he set a high-water mark for administrative competence that has never been equaled. If Jefferson provided the essential poetry of American political discourse, Hamilton established the prose of American statecraft. No other founder articulated such a clear and prescient vision of America's future political, military, and economic strength or crafted such ingenious mechanisms to bind the nation together. Hamilton's crowded years as treasury secretary scarcely exhaust the epic story of his short life, which was stuffed with high drama. From his illegitimate birth on Nevis to his bloody downfall in Weehawken, Hamilton's life was so tumultuous that only an audacious novelist could have dreamed it up. He embodied an enduring archetype: the obscure immigrant who comes to America, re-creates himself, and succeeds despite a lack of proper birth and breeding. The saga of his metamorphosis from an anguished clerk on St. Croix to the reigning presence in George Washington's cabinet offers both a gripping personal story and a panoramic view of the formative years of the republic. Except for Washington, nobody stood closer to the center of American politics from 1776 to 1800 or cropped up at more turning points. More than anyone else, the omnipresent Hamilton galvanized, inspired, and scandalized the newborn nation, serving as the flash point for pent-up conflicts of class, geography, race, religion, and ideology. His contemporaries often seemed defined by how they reacted to the political gauntlets that he threw down repeatedly with such defiant panache. Hamilton was an exuberant genius who performed at a fiendish pace and must have produced the maximum number of words that a human being can scratch out in forty-nine years. If promiscuous with his political opinions, however, he was famously reticent about his private life, especially his squalid Caribbean boyhood. No other founder had to grapple with such shame and misery, and his early years have remained wrapped in more mystery than those of any other major American statesman. While not scanting his vibrant intellectual life, I have tried to gather anecdotal material that will bring this cerebral man to life as both a public and a private figure. Charming and impetuous, romantic and witty, dashing and headstrong, Hamilton offers the biographer an irresistible psychological study. For all his superlative mental gifts, he was afflicted with a touchy ego that made him querulous and fatally combative. He never outgrew the stigma of his illegitimacy, and his exquisite tact often gave way to egregious failures of judgment that left even his keenest admirers aghast. If capable of numerous close friendships, he also entered into titanic feuds with Jefferson, Madison, Adams, Monroe, and Burr. The magnitude of Hamilton's feats as treasury secretary has overshadowed many other facets of his life: clerk, college student, youthful poet, essayist, artillery captain, wartime adjutant to Washington, battlefield hero, congressman, abolitionist, Bank of New York founder, state assemblyman, member of the Constitutional Convention and New York Ratifying Convention, orator, lawyer, polemicist, educator, patron saint of the New-York Evening Post , foreign-policy theorist, and major general in the army. Boldly uncompromising, he served as catalyst for the emergence of the first political parties and as the intellectual fountainhead for one of them, the Federalists. He was a pivotal force in four consecutive presidential elections and defined much of America's political agenda during the Washington and Adams administrations, leaving copious commentary on virtually every salient issue of the day. Earlier generations of biographers had to rely on only a meager portion of his voluminous output. Between 1961 and 1987, Harold C. Syrett and his doughty editorial team at Columbia University Press published twenty-seven thick volumes of Hamilton's personal and political papers. Julius Goebel, Jr., and his staff added five volumes of legal and business papers to the groaning shelf, bringing the total haul to twenty-two thousand pages. These meticulous editions are much more than exhaustive compilations of Hamilton's writings: they are a scholar's feast, enriched with expert commentary as well as contemporary newspaper extracts, letters, and diary entries. No biographer has fully harvested these riches. I have supplemented this research with extensive archival work that has uncovered, among other things, nearly fifty previously undiscovered essays written by Hamilton himself. To retrieve his early life from its often impenetrable obscurity, I have also scoured records in Scotland, England, Denmark, and eight Caribbean islands, not to mention many domestic archives. The resulting portrait, I hope, will seem fresh and surprising even to those best versed in the literature of the period. It is an auspicious time to reexamine the life of Hamilton, who was the prophet of the capitalist revolution in America. If Jefferson enunciated the more ample view of political democracy, Hamilton possessed the finer sense of economic opportunity. He was the messenger from a future that we now inhabit. We have left behind the rosy agrarian rhetoric and slaveholding reality of Jeffersonian democracy and reside in the bustling world of trade, industry, stock markets, and banks that Hamilton envisioned. (Hamilton's staunch abolitionism formed an integral feature of this economic vision.) He has also emerged as the uncontested visionary in anticipating the shape and powers of the federal government. At a time when Jefferson and Madison celebrated legislative power as the purest expression of the popular will, Hamilton argued for a dynamic executive branch and an independent judiciary, along with a professional military, a central bank, and an advanced financial system. Today, we are indisputably the heirs to Hamilton's America, and to repudiate his legacy is, in many ways, to repudiate the modern world. --from Alexander Hamiton by Ron Chernow, copyright © 2004 Ron Chernow, published by The Penguin Press, a member of Penguin Group (USA) Inc., all rights reserved, reprinted with permission from the publisher." Read more