Alexander Hamilton’s Anti-Semitic Enemies

Although they were likely unaware of Alexander Hamilton’s childhood connection to Jews and Judaism, the opponents of the first treasury secretary’s policies used the old, ugly stereotypes of Jews’ nefarious relationship with money to tarnish him. Andrew Porwancher writes:

He was repeatedly accused of pursuing policies to enrich Jewish financiers overseas.  When Hamilton’s vision for a Bank of the United States materialized and its stock subscriptions quickly sold out, an editorial in a Philadelphia newspaper . . . fingered “Amsterdam Jews” as among those who were bereft of “honesty or industry” and benefitting from the bank.

Anti-Jewish polemic could also inveigh against Christians for engaging in supposedly Jewish behavior. Before Hamilton took office at the treasury, many speculators had purchased deflated government bonds from veterans of the Revolution at a fraction of their face value. Hamilton was now poised to stimulate American credit and, as a consequence, those bonds would likely skyrocket in price. A newspaper columnist in New York assailed Christian speculators who stood to harvest revenues that would otherwise have gone to soldiers. . . . He analogized them to the notorious character of Shylock from The Merchant of Venice, bristling, “Shakespeare’s Jew, the character of a vigorous imagination, is surpassed in avarice by the real character of these Christians.” . . . This kind of Gentile-on-Gentile antisemitism was not unusual for the era.

Yet Porwancher also places such anti-Semitism in a wider context:

At a time when Jews were second-class citizens in much of Europe and banished from other countries, the U.S. Constitution granted America’s Jewish population a significant measure of civic equality by making them eligible for federal office. Two years after the Constitution’s ratification, George Washington became the first head of a modern state expressly to acknowledge Jews as citizens. And Hamilton’s financial system ultimately did pass into the law despite the fevered opposition. There is much in our early history to raise concerns about the deep roots of American anti-Semitism, yet there is much to give us hope.

Read more at Marginalia

More about: Alexander Hamilton, American founders, Anti-Semitism

For the Sake of Gaza, Defeat Hamas Soon

For some time, opponents of U.S support for Israel have been urging the White House to end the war in Gaza, or simply calling for a ceasefire. Douglas Feith and Lewis Libby consider what such a result would actually entail:

Ending the war immediately would allow Hamas to survive and retain military and governing power. Leaving it in the area containing the Sinai-Gaza smuggling routes would ensure that Hamas can rearm. This is why Hamas leaders now plead for a ceasefire. A ceasefire will provide some relief for Gazans today, but a prolonged ceasefire will preserve Hamas’s bloody oppression of Gaza and make future wars with Israel inevitable.

For most Gazans, even when there is no hot war, Hamas’s dictatorship is a nightmarish tyranny. Hamas rule features the torture and murder of regime opponents, official corruption, extremist indoctrination of children, and misery for the population in general. Hamas diverts foreign aid and other resources from proper uses; instead of improving life for the mass of the people, it uses the funds to fight against Palestinians and Israelis.

Moreover, a Hamas-affiliated website warned Gazans last month against cooperating with Israel in securing and delivering the truckloads of aid flowing into the Strip. It promised to deal with those who do with “an iron fist.” In other words, if Hamas remains in power, it will begin torturing, imprisoning, or murdering those it deems collaborators the moment the war ends. Thereafter, Hamas will begin planning its next attack on Israel:

Hamas’s goals are to overshadow the Palestinian Authority, win control of the West Bank, and establish Hamas leadership over the Palestinian revolution. Hamas’s ultimate aim is to spark a regional war to obliterate Israel and, as Hamas leaders steadfastly maintain, fulfill a Quranic vision of killing all Jews.

Hamas planned for corpses of Palestinian babies and mothers to serve as the mainspring of its October 7 war plan. Hamas calculated it could survive a war against a superior Israeli force and energize enemies of Israel around the world. The key to both aims was arranging for grievous Palestinian civilian losses. . . . That element of Hamas’s war plan is working impressively.

Read more at Commentary

More about: Gaza War 2023, Hamas, Joseph Biden