Report on the Subject of Manufactures

Capa
Cosimo, Inc., 1 de nov. de 2007 - 84 páginas
On December 5th, 1791, Alexander Hamilton, then the first U.S. Secretary of the Treasury, delivered to the House of Representatives a speech on the state of the economy of the young nation, and the best ways to promote it. This sixth edition, published in 1827, features two prefaces that place in context this groundbreaking treatise. Quite literally a foundational document of the United States, Hamilton's philosophy heartily endorses industrial subsidies and trade tariffs and embraces immigration and new technology. It established the underpinnings of the American economy for a century, and more. A towering figure of 18th-century history, American Founding Father ALEXANDER HAMILTON (1755-1804) was one of the new nation's first constitutional lawyers. As one of the authors of the Federalist Papers, which interprets the intent of the United States Constitution, his legal writings continue to be consulted and even revered today.

De dentro do livro

Outras edições - Ver todos

Termos e frases comuns

Passagens mais conhecidas

Página 55 - It is therefore of necessity left to the discretion of the national legislature, to pronounce upon the objects, which concern the " general welfare," and for which, under that description, an appropriation of money is requisite and proper.
Página 22 - It is worthy of particular remark, that, in general, women and children are rendered more useful, and the latter more early useful, by manufacturing establishments, than they would otherwise be. Of the number of persons employed in the cotton manufactories of Great Britain, it is computed that four-sevenths, nearly, are women and children ; of whom the greatest proportion are children, and many of them of a tender age.
Página 24 - To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted.
Página 44 - The internal competition which takes place soon does away with every thing like monopoly, and by degrees reduces the price of the article to the minimum of a reasonable profit on the capital employed. This accords with the reason of the thing, and with experience.
Página 60 - Good roads, canals, and navigable rivers, by diminishing the expense of carriage, put the remote parts of a country more nearly upon a level with those in the neighborhood of the town. They are, upon that account, the greatest of all improvements.
Página 21 - ... in a greater degree of the application of machinery than those of agriculture. If so, all the difference is lost to a community, which, instead of manufacturing for itself, procures the fabrics requisite to its supply from other countries. The substitution of foreign for domestic manufactures is a transfer to foreign nations of the advantages accruing from the employment of machinery in the modes in which it is capable of being employed with most utility and to the greatest extent.
Página 24 - The creating in some instances a new, and securing in all a more certain and steady demand for the surplus produce of the soil.
Página 28 - ... should induce them to confine their views to agriculture, and refrain from manufactures. A constant and increasing necessity, on their part, for the commodities of Europe, and only a partial and occasional demand for their own in return, could not but expose them to a state of impoverishment, compared with the opulence to which their political and natural advantages authorize them to aspire.
Página 32 - ... expatriating from Europe, have improved their own condition and added to the industry and wealth of the United States. It is a natural inference, from the experience we have already .had, that as soon as the United States shall present the countenance of a serious prosecution of manufactures; as soon as foreign artists shall be made sensible that the state of things here affords a moral certainty of employment and encouragement, competent numbers of European workmen will transplant themselves,...
Página 2 - It is an artificial force brought in aid of the natural force of man ; and, to all the purposes of labor, is an increase of hands, an accession of strength, unencumbered too by the expense of maintaining the laborer.

Sobre o autor (2007)

Alexander Hamilton was born on January 11, 1757 on the West Indian Island of Nevis. His mother died in 1769, around the same time his father went bankrupt. Hamilton joined a counting house in St. Croix where he excelled at accounting. From 1772 until 1774, he attended a grammar school in Elizabethtown, New Jersey, and went on to study at King's College. Hamilton entered the Revolutionary movement in 1774 at a public gathering in New York City with a speech urging the calling of a general meeting of the colonies. That same year, he anonymously wrote two pamphlets entitled, A Full Vindication of the Measures of Congress from the Calumnies of Their Enemies and The Farmer Refuted. When the Revolutionary War began, Hamilton joined the army and became a Captain of artillery, where he served with distinction in the battles of Long Island, White Plains, Trenton and Princeton. He was introduced to George Washington by General Nathaniel Greene with a recommendation for advancement. Washington made Hamilton his aide-de-camp and personal secretary. He resigned in 1781 after a dispute with the General, but remained in the army and commanded a New York regiment of light infantry in the Battle of Yorktown. Hamilton left the army at the end of the war, and began studying law in Albany, New York. He served in the Continental Congress in 1782-83, before returning to practice law, becoming one of the most prominent lawyers in New York City. In 1786, Hamilton participated in the Annapolis Convention and drafted the resolution that led to assembling the Constitutional Convention in 1787. He then helped to secure the ratification of the Constitution of New York with the help of John Jay and James Madison, who together wrote the collection of 85 essays which would become known as The Federalist. Hamilton wrote at least 51 of the essays. In 1789, Washington appointed him the first Secretary of the Treasury, a position at which he excelled at and gained a vast influence in domestic and foreign issues, having convinced Washington to adopt a neutral policy when war broke out in Europe in 1793. In 1794, Hamilton wrote the instructions for a diplomatic mission which would lead to the signing of Jay's Treaty. He returned to his law practice in 1795. President John Adams appointed Hamilton Inspector General of the Army at the urging of Washington. He was very much involved with the politics of the country though, and focused his attentions on the presidential race of 1800. Hamilton did not like Aaron Burr and went out of his way to make sure that he did not attain a nomination. Similarly, when Burr ran for mayor of New York, Hamilton set about to ruin his chances for that position as well. Burr provoked an argument with Hamilton to force him to duel. Hamilton accepted and the two met on July 11, 1804 at Weehawken, New Jersey. Hamilton was shot and mortally wounded and died on July 12, 1804.

Informações bibliográficas