Images of Hamilton: Hamilton Statue in Central Park

If you’ve visited Central Park, you may have come across a very handsome statue of Alexander Hamilton.  The statue is located between 82nd and 83rd streets on the East Side of the park.  The statue was donated by Hamilton’s son, John C. Hamilton to the park in 1880.  The Hamilton statue was sculpted by Carl H. Conrads, an American sculptor best known for his work commemorating the Civil War.  Conrads served in the Union Army during the Civil War and designed statues that you can find in West Point and San Francisco.

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The 1880 statue actually replaces an earlier Hamilton statue that was destroyed in the Great Fire of 1835 and had stood on the floor of the original New York Stock Exchange building.  According to Inside the Apple: A Streetwise History of New York City:

“A valiant attempt was made to rescue a 15-foot statue of Alexander Hamilton from the floor of the exchange, but just as the statute reached the doorway, the roof collapsed, destroying it.  The statue, by Robert Ball Hughes, was the first marble statue created in the United States and had been installed only eight months earlier.  Though it took 45 years, the statue was ultimately replaced by Hamilton’s youngest son, John C. Hamilton, and it stands in Central Park behind the Metropolitan Museum of Art.  This statue in the park is remarkable in that it is made entirely of granite– not the easiest stone to carve–and it has long been thought that John C. Hamilton commissioned the work out of this durable stone so that no matter what calamities might befall Central Park his father’s statute would endure.”

The original statue is pictured here, in an image from the New York Public Library.

On November 22, 1880 Chauncey Mitchell Depew made a public address to commemorate the unveiling of the statue at Central Park.  Some excerpts are below:

“Precocious intellects in all ages of the world have flashed with meteoric splendor; and for a brief space amazed mankind; but he only whose full equipped mind knew no youth and never failed in the full maturity of its powers was Alexander Hamilton. ”

….

“…Hamilton, at eighteen, was hailed by the whole country as the peer of the Adamses and of Jay.  But when the multitude, smarting under wrongs and fired by the eloquence of their champion, sought riotous vengeance upon their enemies, he stayed the angry mob while the President of his College escaped, and offered to lead in defence of property and the majesty of the law.  Popular passion never swayed his judgment; personal ambition, or the applause of the hour, never moved or deterred him.”

“Hamilton forged the links and welded the chain which binds the Union.  He saw the dangers of Secession, and pointed out the remedy against it in the implied powers of the Constitution.”

“Upon the boundless sea of experiment without chart of compass, he invented both.  He smote the sources of revenue with such skill and power, that from the barren rocks flowed the streams which filled the Treasury and the Sinking Fund, and the exhausted land was fertilized by its own productiveness.  Out of chaos he developed perfected schemes which have stood every strain and met every emergency in our national life.”

For the full text of Depew’s remarks, see here.

The Bank of New York and the Museum of American Finance

The Bank of New York was the first bank in New York City, founded by Alexander Hamilton and opened on June 9, 1784.  Hamilton was the chief architect of the new bank.  Hamilton wrote the constitution of the bank and was one of the original 13 directors.  He also made the decision that the bank should be based on specie (gold and silver) rather than land.  Hamilton’s constitution was used as the “model upon which all the bank charters granted in New York were framed prior to 1825.”  Hamilton’s voting structure restricted the power of larger shareholders, rather than a one share-one vote scheme.

http://www.nps.gov/ner/hagr/parknews/images/Bank-of-New-York7.gif

In Alexander Hamilton and the Growth of the New Nation, John Chester Miller described Hamilton’s attachment to the Bank he founded:

Hamilton’s concern for the welfare of the Bank of New York cannot be left out of account.  He might have said of the institution that although it was a small bank, there were those who loved it.

By the time Hamilton became Treasury Secretary, he instructed the bank cashier to sell his stocks, despite losing significant profits as the Bank’s stock rose dramatically.  Hamilton felt that the political consequences of having a stake in a bank would compromise his position and eschewed the profitable stocks in favor of maintaining his political reputation.

Currently, the Bank of New York building is home to the Museum of American Finance.  Summer is a great time for museum hopping in NYC and the museum is offering a Groupon deal for 50% off admission!  The museum is located at 48 Wall Street and is open to the public on Tuesday – Saturday, from 10 am – 4 pm..  If you go, make sure to check out the Hamilton Room, focusing specifically on Hamilton’s legacy.

Alexander Hamilton Room
Picture from http://www.moaf.org/exhibits/hamilton/index

Also note, MOAF is hosting a Hamilton vs. Jefferson Debate next Thursday, July 11th from 5:30-7 pm, as part of the Alexander Hamilton Awareness Society’s Celebrate Hamilton 2013 events.  The description of the event from the event flyer is below:

National Hamilton Scholar Dr. William G. Chrystal will become Alexander Hamilton for the evening to both entertain and educate attendees in a “debate” with Thomas Jefferson. After the presentation, a Q&A session will be held, followed by a reception.
Register to attend the debate here.  I’ll be there!