The multitude . . . have not a sufficient stock of reason and knowledge to guide them. . . . It is not safe to trust to the virtue of any people.
Alexander HamiltonIt is a well-known fact that in countries in which the national debt is properly funded, and an object of established confidence, it answers most of the purposes of money. Transfers of stock, or public debt, are there equivalent to payments in specie; or, in other words, stock, in the principal transactions of business, passes current as specie. The same thing would, in all probability, happen here, under the like circumstances.
Alexander Hamilton[W]e must extend the authority of the Union to the persons of the citizens - the only proper objects of government.
Alexander HamiltonThe inhabitants of territories, often the theatre of war, are unavoidably subject to frequent infringements on their rights, which serve to weaken their sense of those rights; and by degrees, the people are brought to consider the soldiery not only as their protectors but as their superiors.
Alexander Hamilton