The natural effect of low interest is to increase trade and industry; because undertakings of every kind can be prosecuted with greater advantage.
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. . . [The Judicial Branch] may truly be said to have neither FORCE nor WILL, but merely judgment; and must ultimately depend upon the aid of the executive arm even for the efficacy of its judgments.
Alexander HamiltonIf duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.
Alexander HamiltonThe safety of a republic depends essentially on the energy of a common national sentiment; on a uniformity of principles and habits; on the exemption of the citizens from foreign bias and prejudice; and on that love of country which will almost invariably be found to be closely connected with birth, education and family.
Alexander Hamilton