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The natural effect of low interest is to increase trade and industry because undertakings of every kind can be prosecuted with greater advantage.

Alexander Hamilton

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Alexander Hamilton
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[W]e must extend the authority of the Union to the persons of the citizens - the only proper objects of government.
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[S]ound policy condemns the practice of accumulating debts.
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The desire of reward is one of the strongest incentives of human conduct ... the best security for the fidelity of mankind is to make their interest coincide with their duty.
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It is a general principle of human nature, that a man will be interested in whatever he possesses, in proportion to the firmness or precariousness of the tenure by which he holds it.
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I confess I am at a loss to discover what temptation the persons entrusted with the administration of the general government could ever feel to divest the States of the authorities of that description. The regulation of the mere domestic police of a State appears to me to hold out slender allurements to ambition.
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These are not vague inferences . . . but they are solid conclusions drawn from the natural and necessary progress of human affairs.
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It is far more rational to suppose that the courts were designed to be an intermediate body between the people and the legislature, in order, among other things, to keep the latter within the limits assigned to their authority.
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There is at this present juncture, a certain fermentation of mind, a certain activity of speculation and enterprise which if properly directed may be made subservient to useful purposes but which if left entirely to itself, may be attended with pernicious effects.
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Ambition without principle never was long under the guidance of good sense.
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Take mankind in general, they are vicious-their passions may be operated upon.
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In the general course of human nature, A power over a man's subsistence amounts to a power over his will.
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[W]ar is a question, under our constitution, not of Executive, but of Legislative cognizance. It belongs to Congress to say whether the Nation shall of choice dismiss the olive branch and unfurl the banners of War.
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If it were to be asked, What is the most sacred duty and the greatest source of our security in a Republic? The answer would be, An inviolable respect for the Constitution and Laws - the first growing out of the last . . . . A sacred respect for the constitutional law is the vital principle, the sustaining energy of a free government.
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In this distribution of powers the wisdom of our constitution is manifested. It is the province and duty of the Executive to preserve to the Nation the blessings of peace. The Legislature alone can interrupt those blessings, by placing the Nation in a state of War.
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If the Constitution is adopted (and it was) the Union will be in fact and in theory an association of States or a Confederacy.
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The honor of a nation is its life. Deliberately to abandon it is to commit an act of political suicide.
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The [president] has no particle of spiritual jurisdiction. . . .
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The experience of treaties being broken with impunity provide an afflicting lesson to mankind how little dependence is to be placed on treaties which have no other sanction than the obligations of good faith and which oppose general considerations of peace and justice to the impulse of any immediate interest and passion.
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There is nothing absurd or impracticable in the idea of a league or alliance between independent nations for certain defined purposes precisely stated in a treaty regulating all the details of time, place, circumstance, and quantity leaving nothing to future discretion and depending for its execution on the good faith of the parties.
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Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.
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