Financial History 100th Edition Double Issue (Spring/Summer 2011) | Page 28

Courtesy of Douglas Hamilton The New-York Historical Society In addition to these hobbies and personal passions, Hamilton was a prominent New York City lawyer and was recognized for his accomplishments in law, political theory and political commentary. While studying for the bar, he compiled a manual entitled “Practical Proceedings in the Supreme Court of the State of New York” that was hand copied by law students and became the de facto legal text book for the following decade. He practiced law as a private citizen to pay his bills, while remaining close to politics. During his short but influential political career he was elected and served as New York delegate to the Continental Congress, the Annapolis Convention and the Constitutional Convention. He also served as delegate from New York County to the New York State Legislature, where he convinced his fellow New Yorkers to ratify the Constitution. Shortly after the ratification, Hamilton was appointed as the nation’s first Secretary of the Treasury, and in his first three years in this role he published reports that set the foundations of the nation’s financial system including “First Report on the Public Credit,” “Report on a National Bank,” “Report on the Establishment of a Mint” and “Report on Manufactures.” 26    Financial History  |  Spring/Summer 2011  |  www.MoAF.org (Left) Portrait of Alexander Hamilton wearing his general’s uniform. (Right) Hamilton’s Society of the Cincinnati badge. Although Hamilton is most recognized for his financial contributions, he is perhaps most notoriously known for his duel with his political rival, Aaron Burr, and his extramarital affair with Maria Reynolds. In 1791, around the same time Hamilton was publishing reports as Secretary of Treasury, he began an affair with the married Maria Reynolds and quickly became entangled in a blackmail scheme involving her husband. To keep his affair from being exposed, Hamilton paid the couple sums of money under the guise of a personal loan. His political enemies discovered this and accused him of using public funds to conceal his