Treasury secretary Hamilton a genius
Published 4:33 pm Wednesday, April 28, 2010
To the Editor:
Supreme Court Justice Black once commented that, Most people believe that what is in our Constitution is what they want it to be.
Mr. Hutchersons letter to the editor confirms Justice Blacks observation. I hope that Mr. Hutcherson will re-read the Constitution very carefully once again, particularly Article I, Section 8.
In the case McCullogh v. Maryland (1819), Chief Justice John Marshall for the Supreme Court ruled (not on the bank Created in 1791 which elapsed under the Jefferson administration) that the recreation of The Bank of the United States created in 1816 was constitutional.
The first question that Marshall posed was, Has Congress power to incorporate a bank? He noted that the government has enumerated powers in Article I, Section 8. with a list of those powers, ending in, To make all laws which shall be necessary and proper to carry into Execution the foregoing powers, and all other Powers vested by this Constitution in the Government of the United States…
Justice Marshall ruled that, The government of the United States, then, though limited in its powers, is supreme; and its laws, when made in pursuance of the constitution, form the supreme law of the land, Anything in the constitution or the laws of any state to the contrary notwithstanding.
As a result, the Bank of the United States was constitutional under the necessary and proper clause to enforce the enumerated powers.
Back to (Treasury Secretary Alexander) Hamilton. Mr. Hutcherson refers to Hamilton as having notoriously responded (to Jefferson who opposed him) by inventing the notion of implied as opposed to enumerated powers of the constitution. He couldnt be more wrong.
It was not Hamilton, but Chief Justice Marshall in the case above who used the term implied powers and these powers were not opposed to the enumerated powers but were necessary and proper to carry out the enumerated powers. Mr. Hutcherson further concludes that Hamliton transformed every financial action of the Treasury Department into an orgy of speculation and graft… He further declares that Hamilton is The Liberal.
Alexander Hamilton has never been accused of being a liberal by any reputable historian, and he is, in fact, credited as the founder of what eventually became the Republican Party.
Paul Johnson, a conservative historian, in his book, A History of the American People (1998) states that, Hamilton was a genius the only one of the Founding Fathers fully entitled to that accolade and he had the elusive, indefinable characteristics of genius.
Among many of Hamiltons contributions to our nation, Americans will always be indebted to Alexander Hamilton for our currency of dollars and not pounds.
&bsp; Virginia Perrenod