Books: The Calculated Deceit

NUMBER 7 by Julian P. Boyd. 166 pages. Princeton University. $4.

James Bond, it turns out, was not the most illustrious man to be assigned the number 7 (give or take a couple of zeros) in the records of Her Majesty's Secret Service. His real-life rival, in stature if not in ingenuity, was not only a zealous informant for Great Britain but also, at the very same time, the U.S.'s first Secretary of the Treasury—Alexander Hamilton.

Teetery Credit. A decade after the Revolution, Britain was still denying U.S. ships access to the West Indies and still treating the new nation, economically, as a...

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