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Jefferson's Treasure: How Albert Gallatin Saved the New Nation from Debt

4.19  ·  Rating details ·  16 ratings  ·  3 reviews
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. Jef ...more
Hardcover, 352 pages
Published August 6th 2018 by Regnery History
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Chris Miller
Dec 07, 2018 rated it it was amazing
Shelves: 2018, biography
Mr. May has done yeoman work recounting the life of Albert Gallatin. He presents a balanced account of the anti-Federalist, anti-Hamiltonian System that put this country in a financial position to survive Gallatin was a major force in enacting Jefferson's economic thought that relied on a tiny navy, state militia, and no government debt, that hobbled the country during the early Republic. Gallatin did, however appreciate the national bank and worked hard to reinstate it after its permit had been ...more
Mike Smith
Oct 27, 2018 rated it really liked it
Shelves: history
The story of how a Genevan emigre went from a settler on the western frontier of Pennsylvania to Secretary of Treasury. Gallatin was an integral part of the Whiskey Rebellion and afterwards got more involved in federal politics. Never a personal financial success Gallatin was a wizard when it came to public finance. During his time as Secretary of Treasury he helped pay down the national debt. May details how Gallatin's and Congress's policies were unable to cope of the pressure of paying for t ...more
Joseph Adelizzi, Jr.
Sep 14, 2020 rated it really liked it
Albert Gallatin, as portrayed by Gregory May in Jefferson’s Treasure is defined by two traits. First, the man was the longtime Secretary of the Treasury across multiple administrations, he possessed an in-depth knowledge of finance, yet he insisted throughout his life that he did not care about money. Second, while not the most outspoken or outgoing person, when the situation was difficult and no one else was stepping up Gallatin always took charge.

This excellent biography is the most even-keel
...more
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