Though he never attained the highest office of his adopted country, few of America’s founders influenced its political system more than Alexander Hamilton (1755-1804). Born in the British West Indies, he arrived in the colonies as a teenager, and quickly embarked on a remarkable career. He was a member of the Continental Congress, an author of the Federalist Papers, a champion of the Constitution and the first secretary of the Treasury, where he helped found the first national bank, the U.S. Mint and a tax collection bureau that would later become the U.S. Coast Guard. Troubled by personal and political scandals in his later years, Hamilton was shot and killed in one of history’s most infamous duels by one of his fiercest rivals, the then Vice President Aaron Burr, in July 1804.
In 1780 he married Elizabeth Schuyler, daughter of the major general and Hudson Valley landlord Philip Schuyler. He was already close to the Livingston family, and the marriage cemented his social position and his political, elitist point of view. He argued throughout the 1780s for strengthening the national government in The Continentalist essays, the two Letters from Phocion, and The Federalist, written with James Madison and John Jay. He served in Congress and the New York state legislature and was a delegate to the Federal Convention of 1787. Although he had been central to the movement that led to the convention, his role was relatively minor and he was privately critical of the Constitution it produced. He nonetheless devoted his full energy to ratification in 1787 and 1788.
As secretary of the treasury Hamilton’s great achievement was funding the federal debt at face value, which rectified and nationalized the financial chaos inherited from the Revolution. But he accomplished still more. He was responsible for creating the First Bank of the United States on the model of the Bank of England, and his Report on Manufactures fostered commercial and industrial development in the new nation. He also played a significant role in generating the Washington administration’s policy of unfriendly neutrality toward the French Revolution and in establishing a rapprochement with Britain.
Hamilton’s policies and actions provoked intense opposition, led by Thomas Jefferson and James Madison. Just as Hamilton and Madison had collaborated in the Federalist movement during the 1780s, so Jefferson and Madison now collaborated against Hamilton’s Federalist party in the 1790s. The result was division, both within the Washington administration and in the country as a whole. After Hamilton left the Treasury in 1795 to practice law, he continued to be active in Federalist politics, but he was deeply critical of the presidency of John Adams. Nonetheless, at Washington’s insistence, he was made inspector general of the army during the Quasi War with France in 1798.
Despite his personal and political dislike of Jefferson, Hamilton was instrumental in securing his victory over Aaron Burr in the presidential election of 1800. That and his subsequent opposition to Burr’s bid to become governor of New York led to his death at Burr’s hands in a duel in 1804.