It is one thing to be clever and another to be wise.
The first symptom of the trouble appeared when Madison studied Hamilton__ proposal for the funding of the domestic debt. On the one hand, Hamilton__ recommendation looked straightforward: All citizens who owned government securities should be reimbursed at par__hat is, the full value of the government__ original promise. But many original holders of the securities, mainly veterans of the American Revolution who had received them as pay for their service in the war, had then sold them at a fraction of their original value to speculators. What__ more, the release of Hamilton__ plan produced...
Founding Brothers: The Revolutionary Generation
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The first symptom of the trouble appeared when Madison studied Hamilton__ proposal for the funding of the domestic debt. On the one hand, Hamilton__ recommendation looked straightforward: All citizens who owned government securities should be reimbursed at par__hat is, the full value of the government__ original promise. But many original holders of the securities, mainly veterans of the American Revolution who had received them as pay for their service in the war, had then sold them at a fraction of their original value to speculators. What__ more, the release of Hamilton__ plan produced...
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Burr had the dark and severe coloring of his Edwards ancestry, with black hair receding from the forehead and dark brown, almost black, eyes that suggested a cross between an eagle and a raven. Hamilton had a light peaches and cream complexion with violet-blue eyes and auburn-red hair, all of which came together to suggest an animated beam of light to Burr__ somewhat stationary shadow.
Lincoln once said that America was founded on a proposition that was written by Jefferson in 1776. We are really founded on an argument about what that proposition means.