Tench Coxe and the Early Republic
Jacob E. Cooke
Publisher: University of North Carolina Press
Imprint: Omohundro Institute and University of North Carolina Press
Published: 12/2017
Pages: 587
Subject: Biography and Autobiography, History
| University of North Carolina
Print ISBN: 9.78E+12
eBook ISBN: 9780807839379
DESCRIPTION
Coxe's career is more interesting because it is paradoxical. Although he persistently aspired to fame as a public official, the posthumous recognition he has received is the result of his extensive writings on economic and mercantile policy. This volume expecially emphasizes Coxe's farsighted views and achievements as a political economist: his support of protective tarrifts, his advocacy of laborsaving machinery, and his prescient belief that cotton growing was the key to American economic independence and industrialization.
Based on more than a decade's work in the voluminous collection of Coxe Papers, to which Jacob Cooke was given exclusive access, this biography provides much information on the operations of the Treasury Department under Alexander Hamilton, whom Coxe served as assistant secretary, and on the development of political parties. A Federalist apostate, Coxe was representative of a small but historically significant wing of his party that enthusiastically endorsed the fiscal policies of Hamilton while championing the commercial policies of Jefferson. Coxe openly became one of the Virginian's most active supporters, as a state party leader, national campaign coordinator, and partisan polemicist.
Originally published in 1978.
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Yet in the course of his career Coxe managed to alienate Jefferson and most of his other powerful associates, including Hamilton and John Adams. These men and others have left damaging portraits of Coxe. Professor Cooke examines the paradox presented by such uncomplimentary assessments of a man of uncommon ability and conspicuous accomplishments and at the same time opens for readers many new views of the stage upon which Tench Coxe played out his frustrated ambitions -- the whole political and economic life of the early Republic.
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