Early Traitors to the American Revolution

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Traitors to the American Revolution

by Thomas J. DiLorenzo

The American Revolution was waged against a highly centralized, nationalistic governmental tyranny run by a king, namely, the British Empire. The king enriched himself and his regime through the economic institution of mercantilism, defined by Murray Rothbard as "a system of statism which employed economic fallacy to build up a structure of imperial state power, as well as special subsidy and monopolistic privilege to individuals or groups favored by the state." This system impoverished the average Englishman but was a perpetual source of power and riches for the king and his political allies. That is why the system lasted so long (at least two centuries) despite the fact that it was so harmful to the average citizen.

After the Seven Years War with France the king of England needed to pay off his war debts, so he stepped up the application of the corrupt mercantilist system to the American colonists. He did so with numerous taxes and interferences with international trade that benefited British businesses and the British state while treating the colonists like tax serfs. The "train of abuses" delineated in the Declaration of Independence were mostly abuses of the colonists for the purpose of plundering them with the British mercantilist system.

There was always a group of men in American politics who were not opposed to the evil mercantilist system in principle. They recognized it as a wonderful system for accumulating power and wealth as long as they could be in charge of it. Being victimized by it was another matter. These men, led by Alexander Hamilton and his fellow Federalists, strived to implement an American version of British mercantilism as soon as the Revolution was over. In doing so they were traitors to the American Revolution and the worst kind of corrupt, power-seeking political scoundrels.

America’s would-be economic dictators strived mightily to "justify" their corrupt scheme by rewriting the history of the American founding. They made the bizarre argument that, having just fought a revolution against a highly centralized tyranny, the founders at the constitutional convention supposedly embraced the same kind of tyranny in the form of a highly centralized or national government.

The Virginia statesman John Taylor of Caroline smoked out these political scoundrels in an 1823 book entitled New Views of the Constitution of the United States (reprinted in 2005 by The Lawbook Exchange, Ltd, of Union, New Jersey). Making extensive use of the recently published Secret Proceedings and Debates of the Constitutional Convention by Robert Yates, who attended the constitutional convention, Taylor shredded the false notions of "nationalists" like Hamilton (and later, Clay and Lincoln).

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Thomas J. DiLorenzo is professor of economics at Loyola College in Maryland and the author of The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and an Unnecessary War, (Three Rivers Press/Random House), and How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present (Crown Forum/Random House). His next book, to be published in October, is Lincoln Unmasked: What You’re Not Supposed To Know about Dishonest Abe (Crown Forum/Random House).