THE twentieth century belonged to Thomas Jefferson. No historically conscious person can fail to note that, while one of Washington's most prominent memorials is dedicated to the Sage of Monticello, there is nothing similar--only a run-of-the-mill statue on the south side of the Treasury Department--dedicated to his great adversary, Alexander Hamilton. If the point were to commemorate their respective contributions to the building of this country, Hamilton, surely, would have the memorial and Jefferson would have to content himself with a mere statue. Despite the suggestion on his tombstone, Jefferson was not the sole author of the Declaration of Independence. He contributed little or nothing to the Revolutionary War effort or to the writing of the Constitution. He resigned in frustration and near nervous exhaustion as secretary of state. True, he was in the right place at the right time when French Louisiana landed on his lap.
For his part, Hamilton was as responsible as anyone for the establishment of the American state: the consolidation and funding of the national debt, the tax system, the customs service, the first Bank of the United States. He was instrumental in the launching of the navy in 1794. He promoted the protection of infant industry for national security purposes and to develop a domestic market for American products. Meanwhile, Jefferson and his sidekick James Madison did all they could to sabotage Hamilton's program of developing the sinews of national strength.




