The austere dignity of his face relaxed perceptibly.

"Oh!" he said. "I am glad to see you!"

"It is not a return to old times, alas!" said Hamilton, gaily; "for what we all had to do then was a bagatelle to this, and you have made the supreme sacrifice of your life."

Washington seated himself in an arm-chair, motioning Hamilton to one opposite. "I wrote Knox," he said, "that I felt as if setting out to my own execution; and I swear to you, Hamilton, that if it had not been for you I doubt if my courage would not have failed me at the last moment. I had a moment of nervous dread this morning before I opened your letter, but I believed that you would not fail me. It is a colossal enterprise we are embarked upon, this constructing of a great nation for all time.

G.o.d knows I am not equal to it, and although I shall always reserve to myself the final judgement, I expect a few of you to think for me--you, in particular. Then with the Almighty's help we may succeed, but I can a.s.sure you that it has cost me many wakeful nights--and cold sweats."

He spoke with his usual slow impressiveness, but he smiled as he watched Hamilton's flashing eyes and dilating nostrils. "You look but little older," he added. "Not that you still look a stripling, controlling your temper with both hands while I worked you half to death; but you have the everlasting youth of genius, I suppose, and you look to me able to cope with anything."

Hamilton laughed. "I am far older in many things, sir. I fear I often seemed ungrateful. I have blessed you many times, since, for the discipline and the invaluable knowledge I gained in those years."

"Ah!" exclaimed Washington. "Ah! I am very glad to hear you say that. It is like your generosity, and I have had many anxious moments, wondering if there might not still be a grudge. But not only were your peculiar gifts indispensable to this country, but, I will confess, now that it is over, I mortally dreaded that you would lose your life. You and Laurens were the most reckless devils I ever saw in the field. Poor Laurens! I felt a deep affection for him, and his death was one of the bitterest blows of the war. If he were here now, and Lafayette, how many pleasant hours I should look forward to; but I have you, and G.o.d knows I am grateful. Lafayette, I am afraid, has undertaken too great a business for his capacity, which is admirable; but he is not strong enough to be a leader of men."

"I wish he were here, and well out of it."

"I have not sufficiently thanked you for the letter you wrote me last September. It was what I had earnestly hoped for. My position was most distressing. It was impossible for me not only to ask the advice of anyone, but the temper of the public mind regarding myself. To a.s.sume that I must be desired--but I need not explain to you, who know me better than anybody living, the extreme delicacy of my position, and the torments of my mind. Your letter explained everything, told me all I wished to know, made my duty clear--painfully clear. You divined what I needed and expressed yourself in your usual frank and manly way, without the least hesitation or fear. I take this occasion to a.s.sure you again of my deep appreciation."

"Oh, sir," said Hamilton, who was always affected unbearably by Washington's rare moments of deep feeling, "I was merely the selected instrument to give you what you most needed at the moment; nothing more.

This was your destiny; you would be here in any case. It is my pride, my reward of many years of thought and work, that I am able to be of service to your administration, and conspicuous enough to permit you to call me to your side. Be sure that all that I have or am is yours, and that I shall never fail you."

"If I did not believe that, I should indeed be deep in gloomy forebodings. Jay will officiate as Secretary of State for the present; Knox, as Secretary at War. I contemplate inviting Randolph to act as Attorney-General, and Jefferson as permanent Secretary of State, if he will accept; thus dividing the appointments between the North and the South. What do you think of the wisdom of appointing Mr. Jefferson? He is a man of great abilities, and his long residence abroad should make him a valuable Secretary of State, his conspicuous services acceptable to both sections of the country. It is the selection over which I have hesitated longest, for it is a deep and subtle nature, a kind I have no love of dealing with, but so far as I know it is not a devious one, and his talents command my respect."

"I am unable to advise you, sir, for he is not personally known to me,"

said Hamilton, who was not long wishing that he had had a previous and extensive knowledge of Thomas Jefferson. "Madison thinks well of him--is a close personal friend. He has rendered great services to the State of Virginia, his experience is wide, and he possesses a brilliant and facile pen--I can think of no one better fitted for the position. His record for personal bravery is not untarnished, but perhaps that will insure peace in the Cabinet."

Washington laughed. "Jefferson would slide under the table if you a.s.saulted him," he said. "It is you only that I fear, as it is you only upon whom I thoroughly rely, and not for advice in your own department alone, but in all. I think it would perhaps be better not to hold collective meetings of the Cabinet, but to receive each of you alone. It is as well the others do not know that your knowledge and judgement are my chief reliance."

XV

Hamilton, on his way home, stopped in at the chambers of Troup.

"Bob," he said, "you are to wind up my law business. I am to be Secretary of the Treasury."

Troup half rose with an exclamation of impatience. "Good heavens!" he exclaimed. "Have you not an introductory line in your nature? It has been bad enough to have been antic.i.p.ating this, without having it go straight through one like a cannon-ball. Of course it is no use to reason with you--I gave that up just after I had a.s.sumed that you were a small boy whom it was the duty of a big collegian to protect, and you nearly demolished my not too handsome visage with your astonishing fists for contradicting you. But I am sorry. Remain at the bar and you have an immediate prospect of wealth, not too many enemies, and the highest honours. Five years from now, and you would lead not only the bar of New York but of the whole country. Jay may be the first Chief Justice, but you would be the second--."

"Nothing would induce me to be Chief Justice. I should be bored to death. Can you fancy me sitting eternally and solemnly in the middle of a bench, listening to long-winded lawyers? While I live I shall have action--."

"Well, you will have action enough in this position; it will burn you out twenty years before your time. And it will be the end of what peace and happiness a born fighter could ever hope to possess; for you will raise up enemies and critics on every side, you will be hounded, you will be the victim of cabals, your good name will be a.s.sailed--."

"Answer this: do you know of anyone who could fill this office as advantageously to the country as I?"

"No," said Troup, unwillingly. "I do not."

Hamilton was standing by the table. He laid his hand on a volume of c.o.ke, expanding and contracting it slowly. It was perhaps the most beautiful hand in America, and almost as famous as its owner. But as Troup gazed at it he saw only its superhuman suggestion of strength.

"The future of this country lies there," said Hamilton. "I know, and you know, that my greatest gift is statesmanship; my widest, truest knowledge is in the department of finance; moreover, that nothing has so keen and enduring a fascination for me. I could no more refuse this invitation of Washington's than I could clog the wheels of my mind to inaction. It is like a magnet to steel. If I were sure of personal consequences the most disastrous, I should accept, and without hesitation. For what else was the peculiar quality of my brain given me?

To what other end have I studied this great question since I was a boy of nineteen--wild as I was to fight and win the honours of the field?

Was ever a man's destiny clearer, or his duty?"

"I have no more to say," said Troup, "but I regret it all the same.

Have you heard from Morris--Gouverneur?"

"Oh, yes, I had a long screed, in almost your words, spiced with his own particular impertinence. Will you wind up my law business?"

"Oh, of course," said Troup.

The new Congress, made up, though it was, of many of the ablest men in the country, had inherited the dilatory methods of the old, and did not pa.s.s an act establishing the Treasury Department until the 2d of September. Hamilton's appointment to this most important portfolio at the disposal of the President was looked upon as a matter of course. It created little discussion, but so deep a feeling of security, that even before the reading of his famous Report business had revived to some extent. This Report upon the public credit was demanded of him at once, but it was not until the recess of Congress that he could work uninterruptedly upon it; for that body, floundering in its chaos of inherited difficulties, turned to the new Secretary for advice on almost every problem that beset it. I cannot do better here than to quote from the monograph on Hamilton by Henry Cabot Lodge, who puts with admirable succinctness a series of facts important to the knowledge of every American:--

In the course of a year he was asked to report, and did report with full details, upon the raising, management, and collection of the revenue, including a scheme for revenue cutters; as to the estimates of income and expenditure; as to the temporary regulation of the chaotic currency; as to navigation laws, and the regulation of the coasting trade, after a thorough consideration of a heap of undigested statistics; as to the post-office, for which he drafted a bill; as to the purchase of West Point; on the great question of public lands and a uniform system of managing them; and upon all claims against the government. Rapidly and effectively the secretary dealt with all these matters, besides drawing up as a voluntary suggestion a scheme for a judicial system. But in addition to all this multiplicity of business there were other matters like the temporary regulation of the currency, requiring peremptory settlement. Money had to be found for the immediate and pressing wants of the new government before any system had been or could be adopted, and the only resources were the empty treasury and broken credit of the old confederacy. By one ingenious expedient or another, sometimes by pledging his own credit, Hamilton got together what was absolutely needful, and without a murmur conquered those petty troubles when he was elaborating and devising a far-reaching policy. Then the whole financial machine of the Treasury Department, and a system of accounting, demanded instant attention. These intricate problems were solved at once, the machine constructed, and the system of accounts devised and put into operation; and so well were these difficult tasks performed that they still subsist, developing and growing with the nation, but at bottom the original arrangements of Hamilton. These complicated questions, answered so rapidly and yet so accurately in the first weeks of confusion incident to the establishment of a new government, show a familiarity and preparation, as well as a readiness of mind of a most unusual kind. Yet while Hamilton was engaged in all this bewildering work, he was evolving the great financial policy, at once broad, comprehensive, and minute, and after the recess in January he laid his ground plan before Congress in his first report on public credit; a state paper which marks an era in American history, and by which the ma.s.sive corner-stone, from which the great structure of the Federal government has risen, was securely laid.

New York, meanwhile, had blossomed to her full. Houses had been renovated, and with all the elegance to be commanded. Many had been let, by the less ambitious, to the Members of Congress from other States, and all were entertaining. General Schuyler occupied a house close to Hamilton, and his daughters Cornelia and Peggy--Mrs. Stephen Van Rensselaer--were lively members of society. The Vice-President had taken the great house at Richmond Hill, and General Knox as imposing a mansion as he could find. Washington, after a few months, moved to the McComb house in lower Broadway, one of the largest in town, with a reception room of superb proportions. Here Mrs. Washington, standing on a dais, usually a.s.sisted by Mrs. Adams and Mrs. Hamilton, received, with the rigid formality of foreign courts, all who dared to attend her levees.

She had discarded the simplicity of campaigning days, and attired herself with a magnificence which was emulated by her "Court." It was yet too soon to break from tradition, and the Washingtons conducted themselves in accordance with their strong aristocratic proclivities.

Nor did it occur to anyone, even the most ardent Republican, that dignity and splendour were inconsistent with a free and enlightened Republic, until Jefferson began his steady and successful system of plebeianizing the country.

Washington's levees were frigid; but I have not observed any special warmth at the White House upon public occasions in my own time. The President, after the company had a.s.sembled, entered in full official costume: black velvet and satin, diamond knee-buckles, his hair in a bag and tied with ribbons. He carried a military hat under his arm, and wore a dress sword in a green s.h.a.green scabbard. He made a tour of the room, addressing each guest in turn, all being ranged according to their rank.

At his wife's levees he attended as a private individual and mingled more freely with the guests; but his presence always lowered every voice in the room, and women trembled with anxiety lest he should not engage them in conversation, while dreading that he might. The unparalleled dignity, the icy reserve of his personality, had always affected the temperature of the gatherings he honoured; but at this time, when to the height of a colossal and unique reputation was added the first inc.u.mbency of an office, bestowed by a unanimous sentiment, which was to raise the United States to the plane of the great nations of Europe, he was instinctively regarded as superhuman, rather as a human embodiment of the Power beyond s.p.a.ce. He was deeply sensitive to the depressing effect he produced, and not a little bored by the open-mouthed curiosity he excited. A youngster, having run after him for quite a block, one day, panting from his exertions, Washington wheeled about suddenly, and made a bow so profound and satirical that his pursuer fled with a yell of terror.

The President was very fond of the theatre, and invited a party once a week to accompany him to John Street. He entertained at table constantly, and dined out formally and intimately. Congress, he attended in great state. He had brought to New York six white horses of the finest Virginian breed, and a magnificent cream-coloured coach, ornamented with cupids and festoons. For state occasions the horses were covered over night with a white paste, and polished next morning until they shone like silver. The hoofs were painted black. When Washington drove through the city on his way to Congress, attended by postilions and outriders, it is little wonder that he had a royal progress through proud and satisfied throngs.

The Adamses, who had counselled all the usages of foreign courts, but had been outvoted by Hamilton and Jay, entertained but little less than the President; and so did the Schuylers, Livingstons, Jays, and half the town. The Hamiltons, of necessity, entertained far more simply; but Betsey received every Wednesday evening, when her rooms were a crush of fashion and politics, eager for a glimpse of Hamilton and to do court to her popular self. They gave at least one dinner a week, but Betsey as a rule went out with her parents, for her husband was too busy for society.

The world saw little of Hamilton at this time, and Betsey but little more. He worked in his library or office for fourteen hours of the day, while the country teemed with conjectures of his coming Report. A disposition to speculate upon it was already manifest, and more than one friend endeavoured to gain a hint of its contents. Not even Madison, to whom he had talked more freely than to anyone, knew aught of the details of that momentous Report, what recommendations he actually should make to Congress; for none knew better than he that a hint derived from him which should lead to profitable speculation would tarnish his good name irretrievably. Careless in much else, on the subject of his private and public integrity he was rigid; he would not have yielded a point to retain the affection of the best and most valued of his friends.

Fastidious by nature on the question of his honour, he knew, also, that other accusations, even when verified, mattered little in the long run; a man's actual position in life and in history was determined by the weight of his brain and the spotlessness of his public character. He worked in secret, with no help from anyone; nor could blandishments extract a hint of his purpose. Against the rock of his integrity pa.s.sion availed nothing. As for Betsey, between her growing children, the delicacy which had followed the birth of her last child, and her heavy social duties, she would have had little time to a.s.sist him had he confided even in her. Moreover, to keep up a dignified position upon $3500 a year cost her clever little Dutch head much anxious thought. It is true that some money had been put aside from the income of her husband's large practice, but he was the most careless and generous of men, always refusing the fees of people poorer than himself, and with no talent for personal, great as was his mastery of political, economy. If General Schuyler often came to the rescue his son-in-law never knew it.

Hamilton had a vague idea that Betsey could manage somehow, and was far too absorbed to give the matter a thought. Betsey, it would seem, had her own little reputation, for it was about this time that M'Henry finished a letter to Hamilton, as follows:--

Pray present me to Mrs. Hamilton. I have learned from a friend of yours that she has, as far as the comparison will hold, as much merit as your treasurer as you have as treasurer of the wealth of the United States.

XVI

Congress rea.s.sembled, and on the 2d of January Hamilton sent in his Report on Public Credit. By this time excitement and anxiety, to say nothing of cupidity, were risen to fever pitch. All realized that they were well in the midst of a national crisis, for the country was bankrupt, and her foreign and domestic debts footed up to quite eighty millions of dollars--a stupendous sum in the infancy of a nation, when there was little specie in the country, and an incalculable amount of worthless paper, with long arrears of interest besides. If Hamilton could cope with this great question, and if Congress, with its determined anti-government party, would support him, the Union and its long-suffering patriots would enter upon a season of prosperity and happiness. If the one were inadequate to meet the situation, or the other failed in its national duty, the consequences must be deeper wretchedness and disaster than anything they yet had endured. The confidence in Hamilton was very widespread, for not only were his great abilities fully recognized, but his general opinions on the subject had long been known, and approved by all but the politicians on the wrong side. The confidence had been manifested in a manner little to his liking: speculators had scoured the country, buying up government securities at the rate of a few shillings on the pound, taking advantage of needy holders, who dwelt, many of them, in districts too remote from the centre of action to know what the Government was about. And even before this "signal instance of moral turpitude," the fact that so many old soldiers who had gone home with no other pay than government securities, to be exchanged for specie at the pleasure of a government which n.o.body had trusted, had sold out for a small sum, was one of the agitating themes of the country; and opinion was divided upon the right of the a.s.signees to collect the full amount which the new government might be prepared to pay, while the moral rights of the worthy and original holder were ignored. It was understood, however, that Hamilton had given no more searching thought to any subject than to this.

The public was not admitted to the galleries of Congress in those days, but a great crowd packed Wall and Broad streets while the Report was reading and until some hint of its contents filtered through the guarded doors. Hamilton himself was at home with his family, enjoying a day of rest. It is one of the most curious incidents in his career, as well as one of the highest tributes to his power over men, that Congress, after mature deliberation, decided that it would be safer to receive his Report in writing than in the form of a personal address from a man who played so dangerously upon the nerve-board of the human nature. There hardly could be any hidden witchery in a long paper dealing with so unemotional a subject as finance; but no man could foresee what might be the effect of the Secretary's voice and enthusiasm,--which was perilously communicable,--his inevitable bursts of spontaneous eloquence. But Hamilton had a pen which served him well, when he was forced to subst.i.tute it for the charm of his personality. It was so pointed, simple, and powerful, it cla.s.sified with such clarity, it expressed his convictions so unmistakably, and conveyed his subtle appeals to human pa.s.sions so obediently, that it rarely failed to quiver like an arrow in the brain to which it was directed. And this particular report was vitalized by the author's overwhelming sense of the great crisis with which he was dealing. Reading it to-day, a hundred and eleven years after it was written, and close to the top of a twelve-story building, which is a symbol of the industry and progress for which he more than any man who has ever dedicated his talents to the United States is responsible, it is so fresh and convincing, so earnest, so insistent, so courteously peremptory, that the great century which lies between us and that empire-making paper lapses from the memory, and one is in that anxious time, in the very study of the yet more anxious statesman; who, on a tropical island that most of his countrymen never will see, came into being with the seed of an unimagined nation in his brain.

To condense Hamilton is much like attempting to increase the density of a stone, or to reduce the alphabet to a tabloid. I therefore shall make no effort to add another failure to the several abstracts of this Report. The heads of his propositions are sufficient. The Report is accessible to all who find the subject interesting. The main points were these: The exploding of the discrimination fallacy; the a.s.sumption of the State debts by the Government; the funding of the entire amount of the public debt, foreign, domestic, and State; three new loans, one to the entire amount of the debt, another of $10,000,000, a third of $12,000,000; the prompt payment of the arrears and current interest of the foreign loan on the original terms of the contract; the segregating of the post-office revenue, amounting to about a million dollars, for a sinking fund, that the creation of a debt should always be accompanied by the means of extinguishment; increased duties on foreign commodities, that the government might be able to pay the interest on her new debts and meet her current expenses; and more than one admonition for prompt action, as the credit of the nation was reaching a lower level daily, besides sinking more hopelessly into debt through arrears of interest.

The indebtedness he divided as follows: The foreign debt, $10,070,307, with arrears of interest amounting to $1,640,071. The liquidated domestic debt, $27,383,917, with arrears of interest amounting to $13,030,168. The unliquidated part he estimated at $2,000,000, and the aggregate debt of the State at $25,000,000; making a total of nearly $80,000.000.

He also hinted at his long-cherished scheme of a National Bank, and a possible excise law, and gave considerable s.p.a.ce to the miserable condition of landed property and the methods by which it might be restored to its due value.

XVII

The talk in the drawing-room of Mrs. Croix that night was of little else but the Secretary's Report. Mrs. Croix, so said gossip, had concluded that this was the proper time for the demise of her recalcitrant officer, and had retired to weeds and a semi-seclusion while Mrs.

Washington pondered upon the propriety of receiving her. Her court cared little for the facts, and vowed that she never had looked so fair or so proud; Hamilton, that she shone with the splendour of a crystal star on the black velvet skies of the Tropics. She wore, this evening, a few yards of black gauze which left bare a crescent of her shining neck and the lower arms. Her bright hair was arranged in a ma.s.s of ringlets, after a fashion obtaining in Europe, and surmounted by a small turban of gauze fastened with a diamond sun. Many of the men who visited her habitually called her Lady Betty, for she was one of those women who invite a certain playful familiarity while repelling intimacy. Hamilton called her, as the fancy moved him, Egeria, Boadicea, or Lady G.o.diva.

Clinton came in fuming. "It is not possible," he cried, "that the Congress can be so mad as to be hoodwinked by this deep political scheme for concentrating the liberties of the United States under the executive heel. 'To cement more closely the union of the States and to add to their security against foreign attack!' Forsooth! This a.s.sumption plan is nothing more nor less than another of his dastardly schemes to squeeze out of the poor States what little liberty he left them under the Const.i.tution. He could not obtain at Philadelphia all he wished for, but now that Washington has given him both reins, he laughs in our faces. I regret that I ever offered him my hand."