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Author: Gregory May Publisher: Simon and Schuster ISBN: 1621577643 Category : History Languages : en Pages : 546
Book Description
George Washington had Alexander Hamilton. Thomas Jefferson had Albert Gallatin. From internationally known tax expert and former Supreme Court law clerk Gregory May comes this long overdue biography of the remarkable immigrant who launched the fiscal policies that shaped the early Republic and the future of American politics. Not Alexander Hamilton---Albert Gallatin. To this day, the fight over fiscal policy lies at the center of American politics. Jefferson's champion in that fight was Albert Gallatin---a Swiss immigrant who served as Treasury Secretary for twelve years because he was the only man in Jefferson's party who understood finance well enough to reform Alexander Hamilton's system. A look at Gallatin's work---repealing internal taxes, restraining government spending, and repaying public debt---puts our current federal fiscal problems in perspective. The Jefferson Administration's enduring achievement was to contain the federal government by restraining its fiscal power. This was Gallatin's work. It set the pattern for federal finance until the Civil War, and it created a culture of fiscal responsibility that survived well into the twentieth century.
Author: Gregory May Publisher: Simon and Schuster ISBN: 1621577643 Category : History Languages : en Pages : 546
Book Description
George Washington had Alexander Hamilton. Thomas Jefferson had Albert Gallatin. From internationally known tax expert and former Supreme Court law clerk Gregory May comes this long overdue biography of the remarkable immigrant who launched the fiscal policies that shaped the early Republic and the future of American politics. Not Alexander Hamilton---Albert Gallatin. To this day, the fight over fiscal policy lies at the center of American politics. Jefferson's champion in that fight was Albert Gallatin---a Swiss immigrant who served as Treasury Secretary for twelve years because he was the only man in Jefferson's party who understood finance well enough to reform Alexander Hamilton's system. A look at Gallatin's work---repealing internal taxes, restraining government spending, and repaying public debt---puts our current federal fiscal problems in perspective. The Jefferson Administration's enduring achievement was to contain the federal government by restraining its fiscal power. This was Gallatin's work. It set the pattern for federal finance until the Civil War, and it created a culture of fiscal responsibility that survived well into the twentieth century.
Author: Raymond Walters Publisher: University of Pittsburgh Pre ISBN: 0822974088 Category : Biography & Autobiography Languages : en Pages : 476
Book Description
Raymond Walters, Jr. presents the definitive biography of Albert Gallatin (1761-1849), recounting sixty years that the Swiss-born diplomat served his adopted country as a congressional leader, Secretary of the Treasury, financier, and ambassador. Gallatin was a founder of the House Committee on Finance (later the Ways and Means Committee), a member of the new Democratic-Republican Party, and an active politician who opposed the Federalist Party and its programs, while also helping to bring about the election of Thomas Jefferson.