FEDERALISM AND REPUBLICANISM AS OPPONENTS

Fortunately for the American nation the unionists, who wrought the
Constitution, were substantially the same body of men as the Federalist
party who organized under its provisions an efficient national
government. The work of Washington, Hamilton, and their associates
during the first two administrations was characterized by the same
admirable qualities as the work of the makers of the Constitution, and
it is of similar importance. A vigorous, positive, constructive national
policy was outlined and carried substantially into effect,--a policy
that implied a faith in the powers of an efficient government to advance
the national interest, and which justified the faith by actually meeting
the critical problems of the time with a series of wise legislative
measures. Hamilton's part in this constructive legislation was, of
course, more important than it had been in the framing of the
Constitution. During Washington's two administrations the United States
was governed practically by his ideas, if not by his will; and the sound
and unsound parts of his political creed can consequently be more
definitely disentangled than they can be during the years when the
Constitution was being wrought. The Constitution was in many respects a
compromise, whereas the ensuing constructive legislation was a tolerably
pure example of Hamiltonian Federalism. It will be instructive,
consequently, to examine the trend of this Hamiltonian policy, and seek
to discover wherein it started the country on the right path, and
wherein it sought to commit the national government to a more dubious
line of action.

Hamilton's great object as Secretary of the Treasury was that of making
the organization of the national finances serve the cause of a