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14 of 16 people found the following review helpful:
4.0 out of 5 stars
Great Man, Great Book, December 4, 2000
I wanted to learn more about Hamilton as the founder of the US financial system, and to understand more of his background in relation to the other founding fathers. This book did a great job of both, the author being a well published historian who has focused on the early American economy.Mr. McDonald does a very good job of developing Hamilton's life, and the various philosophical influences that influenced him most significantly. Starting with his early life on St. Croix, his early abandonment and subsequent David Copperfield-esque determination to achieve fame in life, we are able to watch as Hamilton starts first by pursuing glory in the Revolutionary War, his close service with Washington, and how he then went to work as an attorney, and following Washington's election returned to serve his country as the first Secretary of the Treasury. Hamilton's ambitions for the fledgling financial system are solidly shaped by his own background and hard work. It is quickly apparent how different his own background was from other founding fathers, most notably those of the South, and most poignantly Thomas Jefferson. Hamilton held himself to very high standards, his own need to be honest about an extra-marital affair is a lesson to our current politicians, and he frequently ran afoul of others because of his strong will and confidence that he was morally in the right. Hamilton was above repute with his financial dealings, preventing himself from benefitting from his own legislation and actions in an age when such was the norm. His ability to clearly divine a situation and act decisively led him to be not only an excellent litigator and legislator, but also an indispensable agent for the Government, his importance being most noted during Washington's second term in office. All in all the author does a very good job of putting Hamilton into both the proper historical context, and helping the reader understand how he was viewed in his own time. Favorite Excerpts: "I would willingly risk my life tho' not my Character to exalt my Station... I wish there was a War." - Hamilton (page 5) "He never ceased to dream of grand and heroic accomplishments, but he tempered his dreams with regular habits, reliable behavior, systematic and persistent application, and constant attention to self-improvement. He despised laziness, disorderliness, unpredictability, impropriety, procrastination, drunkennes, sloght - the ways of the islands and, as he would come to believe by 1779, the ways of most Americans as well." - McDonald on Hamilton (page 10) "As a general marches at the head of his troops, so ought wise politicians... insomuch that they ought not to wait the event, to know what measures to take; but the measures which they have taken, ought to produce the event." - Demosthenes (page 35) "Nothing is more common than for men to pass from the abuse of a good thing to the disuse of it." - Hamilton (page 42) "As Hamilton learned in doing his research for the report [to congress], few American farmers knew whether farming was more or less profitable than other enterprises, for almost none kept any records. The lack of information did not, however, prevent them from having opinions." McDonald (page 233) Jefferson had, "a womanish attachment to France and a womanish resentment of Great Britain." - Hamilton on Jefferson (page 265) "Having contributed to place those of the Nation on a good footing, I go to take a little care of my own; which need my care not a little." - Hamilton on his resignation (page 303) "Real firmness is good for everything - Strut is good for nothing." - Hamilton (page 334)
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