“I would wish the debt paid tomorrow; he wishes it never to be paid, but always to be a thing wherewith to corrupt and manage the legislature.” This slapback from Secretary of State Thomas Jefferson was aimed squarely at Secretary of the Treasury Alexander Hamilton. These two – along with Edmund Randolph and Henry Knox – made up Washington’s first cabinet, a group filled with some major ideological clashes. In this episode, we’ll explore how their divisive views on issues like the national debt and a national bank created a rift so deep it helped give rise to America’s first two-party system.

Path to Liberty: November 15, 2024

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Thomas Jefferson – Letter to George Washington (9 Sept 1792)

National Archives: The Anecdotes

The complete anas of Thomas Jefferson

Constitution: Article II, Section 2

James Madison – Resolution (19 May 1789)

James Madison – Letter to Thomas Jefferson (27 May 1789)

List of secretaries of state of the United States

John Jay – Letter to Gouverneur Morris (24 Sept 1783)

John Jay – Charge to Grandy Jury, Richmond Virginia

Lehrman Institute – Founding Economists

Mount Vernon – Department of the Treasury

George Washington to the United States Senate (11 Sept 1789)

Alexander Hamilton – Unsubmitted Resolution Calling for a Convention to Amend the Articles of Confederation (July 1783)

Alexander Hamilton – Letter to to Robert Morris (30 Apr 1781)

Henry Knox – Letter to George Washington, Plan for the Arrangement of the Militia (18 Jan 1790)

Henry Knox – Report on Indian Affairs (29 Dec 1794)

George Washington to the United States Senate (25 Sept 1789)

Edmund Randolph’s Opinion on Recess Appointments (7 July 1792)

Maharrey – Edmund Randolph vs the National Bank

Episode – The Constitution vs the National Bank: Edmund Randolph’s Analysis

Thomas Jefferson – First Inaugural (4 Mar 1801)

Thomas Jefferson – Opinion on the Constitutionality of a National Bank

Episode – Thomas Jefferson: The Constitution vs the National Bank

Mount Vernon – Jefferson and Hamilton: Political Rivals in Washington’s Cabinet

George Washington – Letter to Thomas Jefferson (23 Aug 1792)

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Michael Boldin