For, when the credit of a country is in any degree questionable, it never fails to give on extravagant premium, in one shape or another, upon all the loans it has occasion to make. Nor does the evil end here; the same disadvantage must be sustained upon whatever is to be bought on terms of future payment. From this constant necessity of borrowing and buying dear, it is easy to conceive how immensely the expenses of a nation, in a course of time, will be augmented by an unsound state of the public credit.
Alexander HamiltonGood and wise men, in all ages, have embraced a very dissimilar theory. They have supposed that the deity, from the relations we stand in to himself and to each other, has constituted an eternal and immutable law, which is indispensably obligatory upon all mankind, prior to any human institution whatever. This is what is called the law of nature....Upon this law depend the natural rights of mankind.
Alexander HamiltonThe institution of delegated power implies that there is a portion of virtue and honor among mankind which may be a reasonable foundation of confidence.
Alexander HamiltonMen give me credit for some genius. All the genius I have lies in this; when I have a subject in hand, I study it profoundly. Day and night it is before me. My mind becomes pervaded with it. Then the effort that I have made is what people are pleased to call the fruit of genius. It is the fruit of labor and thought.
Alexander HamiltonThe constitution of human nature" teaches us not to expect "that the persons, entrusted with the administration of the affairs of the particular members of a confederacy, will at all times be ready, with perfect good humor, and an unbiased regard to the public weal, to execute the resolutions of decrees of the general authority." "This tendency is not difficult to be accounted for," Publius argues, "It has its origin in the love of power.
Alexander Hamilton