The Great Soviet Encyclopedia on Alexander Hamilton

Alexander_Hamilton_portrait_by_John_Trumbull_1806

Hamilton, Alexander

Born Jan. 11, 1757, on the island of Nevis; died July 12, 1804, in New York. US statesman.

During the War of Independence (1775-83), Hamilton became famous as an orator and journalist. From 1776 to 1781 he served in the army, and he was a secretary of G. Washington. In 1789 he was the leader of the Federalist Party. He favored a constitutional monarchy based on the English model. From 1789 to 1795, Hamilton was secretary of the treasury. He advocated a centralized government that would foster the development of a capitalistic economy. Hamilton’s research on the problems of value, money, and cost had a major influence on the further development of a bourgeois political economy in the USA. Oriented towards Great Britain in foreign policy, Hamilton, like other Federalist leaders,promoted the conclusion of an Anglo-American treaty that was not fair to the USA (the Jay Treaty).

WORKS

The Works of Alexander Hamilton, vols. 1-7. Edited by J. C. Hamilton. New York, 1851-52.

REFERENCES

Al’ter, L. B. Burzhuaznaia politicheskaia ekonomiia SShA. Moscow, 1961. Pages 61-75.
Schachner, N. A. Hamilton. New York-London, 1946.

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