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Grayson, William (1736–12 March 1790), lawyer, soldier, and statesman, was born in Prince William County, Virginia, the son of Susanna Monroe and Benjamin Grayson, a merchant and factor. He attended the College of Philadelphia (now the University of Pennsylvania), graduating in 1760. Some controversy exists concerning whether he next proceeded to Oxford or to Edinburgh, but the absence of his name from the rolls at Oxford, coupled with his great devotion to the teachings of Adam Smith, seems to militate in favor of the Scottish university. According to tradition, he then received legal training at the Inns of Court. He married Eleanor Smallwood....

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Hamilton, Alexander (11 January 1757?–12 July 1804), statesman and first secretary of the treasury, was born in Nevis, British West Indies, the second of two illegitimate sons of James Hamilton and Rachel Faucett Lavien. (The year of birth is often given as 1755, but the evidence more strongly supports 1757.) The father deserted the family when Hamilton was eight; the mother died three years later. Hamilton was apprenticed to a firm of international merchants and proved to be so gifted in commerce that he was soon left in full charge of the business. At fifteen he was “discovered” by a Presbyterian minister, who arranged financial support to send him to the College of New Jersey at Princeton. After a year at a preparatory school he passed the stiff entrance exams at Princeton, but when the president refused to allow him to advance at his own pace rather than with the regular classes, he went to King’s College (now Columbia) in New York instead....