Financial History 100th Edition Double Issue (Spring/Summer 2011) | Page 29

Elsa Ruiz The New-York Historical Society (photo by Alan Barnett) (Above) Entrance to the Museum’s “Alexander Hamilton: Lineage and Legacy” exhibit. (Left) Mourning ring containing a braided lock of Hamilton’s hair. impropriety. Fearing that his career would be irreparably tarnished, in 1797 he published another report, this time a 95-page confession pamphlet about the affair. Hamilton quickly realized that his decision was a mistake and attempted to retract the pamphlets. However, Burr and Hamilton’s other rivals reprinted the confession and distributed it for free. Despite the humiliation the fiasco caused Hamilton’s family, his career survived the first major public sex scandal in American history. Although Hamilton and Burr were long-time acquaintances (they studied law together and were both officers in Washington’s army), their political differences exacerbated frictions that existed between them. Tensions between the two men escalated after the difficult and muddy Presidential election of 1800. Burr and Thomas Jefferson tied in the election, but ultimately Burr lost, in part because Hamilton advised his political party, the Federalists, to back Jefferson. This, in conjunction with other political disputes, led Burr to challenge Hamilton to a duel in 1804, which Hamilton accepted. Near the water in Weehawken, New Jersey, a location remote enough that they could duel without being detected, the men Y[Y