Rich Uncle of America

This David Brooks NY Times books review discusses Ron Chernow‘s new book, “Alexander Hamilton.” Hamilton is the architect of American capitalism, and Mr. Brooks’ review concludes that Mr. Chernow has written the best biography yet of this fascinating but underappreciated man. For example, Hamilton’s youth was no picnic:

When Alexander Hamilton was 10, his father abandoned him. When he was around 12, his mother died of a fever in the bed next to his. He was adopted by a cousin, who promptly committed suicide. During those same years, his aunt, uncle and grandmother also died. A court in St. Croix seized all of his possessions, sold off his personal effects and gave the rest to his mother’s first husband. By the time he was a young teenager, he and his brother were orphaned, alone and destitute.

Incredibly, however, Hamilton overcame his tortured youth quickly to excel in the American revolutionary society and government:

Within three years he was a successful businessman. Within a decade he was effectively George Washington’s chief of staff, organizing the American revolutionary army and serving bravely in combat. Within two decades he was one of New York’s most successful lawyers and had written major portions of The Federalist Papers. Within three decades he had served as Treasury secretary and forged the modern financial and economic systems that are the basis for American might today.

Finally, Mr. Brooks notes that the vicious political rhetoric of our day has its roots in Hamilton’s legendary disputes with Thomas Jefferson:

Though they were historic, Hamilton couldn’t have enjoyed his years at the Treasury Department. These days we think our politics are nasty and partisan. But our discourse looks like a Platonic symposium compared with the vicious fighting that marked the early Republic. While they were secretaries of treasury and state, Hamilton and Jefferson waged internecine warfare that was, as Chernow notes, of ”almost pathological intensity.” Members of each man’s camp wrote abusive newspaper essays against the other. The secretary of state proposed Congressional legislation censuring the secretary of the Treasury. The Jeffersonians fabricated crude lies about Hamiltonian embezzlement schemes.
This fight was about what sort of country America should be, and what sort of people should govern. Hamilton embraced the urban, enterprising virtues: vigor, drive, competition. Jefferson dreamed of a country that would be pastoral, egalitarian and decentralized. Hamilton won the battle, but not the affections of posterity.

Hamilton has always been one of the most fascinating and enigmatic of the Founding Fathers. In many ways, he is the most quintessential American of them all. As such, I am looking forward to reading this interesting new book.

Leave a Reply