it took the Committee days to plod through—of
his bookkeepers, clerks, porters, and charwomen, and
the varying emoluments they had received since the
Department was organized, three years and a half before.
He further informed them that the net yield of the
foreign loan was eighteen millions six hundred and
seventy-eight thousand florins, that the loans were
six in number, that three bore five per cent interest,
two four and a half, and one four per cent The enemy
was disconcerted but not discouraged. Five fresh
resolutions were moved almost immediately. Impartial
historians have agreed that Jefferson suggested these
shameful resolutions, and that Madison drew them up.
Giles brought them forward. In a vociferous speech
he asserted that no man could understand the Secretary’s
report, that his methods and processes were clothed
in a suspicious obscurity. It was his painful
duty to move the adoption of the following resolutions:
That copies of the papers authorizing the foreign
loans should be made; that the names of the persons
to whom and by whom the French debt had been paid be
sent to Congress; that a statement of the balances
between the United States and the Bank be made; that
an account of the sinking-fund be rendered, how much
money had come into it and where from, how much had
been used for the purchase of the debt and where the
rest was deposited. The fifth demanded an account
of the unexpended revenue at the close of the preceding
year. Giles charged that a serious discrepancy
existed between the report of the Secretary and the
books of the Bank—not less than a million
and a half. It had been the purpose of Jefferson
and Madison to bring forward the resolutions with
an air of comparative innocence. But the vanity
of Giles carried him away, and his speech informed
Congress, and very shortly the country, that the honesty
of the Secretary of the Treasury had been impeached,
and that he was called upon to vindicate himself.
In crises Hamilton never lost his temper. The
greater the provocation, as the greater the danger,
the colder and more impersonal he became. Nor
was it in his direct impatient nature to seek to delay
an evil moment any more than it was to protect himself
behind what the American of to-day calls “bluff.”
In this, the severest trial of his public career,
he did not hesitate a moment for irritation or protest.
He called upon his Department to assist him, and with
them he worked day and night, gathering, arranging,
elaborating all the information demanded by Congress.
When he was not directing his subordinates, he was
shut up in his library preparing his statements and
replies. His meals were taken to him; his family
did not see him for weeks, except as he passed them
on his way to or from the front door. He sent
in report after report to Congress with a celerity
that shattered his health, but kept his enemies on
the jump, and worked them half to death. The mass
of manuscript he sent would have furnished a modest
bookstore, and the subjects and accounts with which
he was so familiar drove Madison and others, too opposed
to finance to master the maze of it, close upon the
borders of frenzy. It had been their uncommunicated
policy to carry the matter over to the next session,
but Hamilton was determined to have done with them
by adjournment.