It has been observed that a pure democracy if it were practicable would be the most perfect government. Experience has proved that no position is more false than this. The ancient democracies in which the people themselves deliberated never possessed one good feature of government. Their very character was tyranny; their figure deformity.
Alexander Hamilton – Speech in New York, urging ratification of the U.S. Constitution (21 June 1788).
Alexander Hamilton (January 11, 1755 or 1757 – July 12, 1804) was a founding father of the United States, chief staff aide to General George Washington, one of the most influential interpreters and promoters of the U.S. Constitution, the founder of the nation’s financial system, and the founder of the Federalist Party, the world’s first voter-based political party. As Secretary of the Treasury, Hamilton was the primary author of the economic policies of the George Washington administration. Hamilton took the lead in the funding of the states’ debts by the Federal government, the establishment of a national bank, a system of tariffs, and friendly trade relations with Britain. He led the Federalist Party, created largely in support of his views; he was opposed by the Democratic-Republican Party, led by Thomas Jefferson and James Madison; it despised Britain and feared that Hamilton’s policies of a strong central government would weaken the American commitment to Republicanism.