A Biography of the Signers of the Declaration of Independence, and of Washington and Patrick Henry: With an appendix, containing the Constitution of the United States, and other documentsJudson, L. Carroll (Levi Carroll)
History
A Biography of the Signers of the Declaration of Independence, and of Washington and Patrick Henry: With an appendix, containing the Constitution of the United States, and other documents
Judson, L. Carroll (Levi Carroll)
Henry, Patrick, 1736-1799; United States. Declaration of Independence -- Signers; Washington, George, 1732-1799
From the day he assumed the high charge of superintendent of finance,
his duties were onerous and multifarious. It was some time after
the strong solicitations of Congress were urged upon him before he
consented to undertake the delicate and difficult task of managing
this department, to which he was elected on the 20th of February,
1781, a dark and dismal period of the revolution. A deep sense of
public duty finally induced him to undertake the gigantic work, and
in a masterly manner did he execute it. He immediately instituted
an examination of the public debts, revenue, and expenditures; he
reduced to an economical system the mode of regulating the finances,
and of disbursing the public funds; he executed the plans of Congress
relating to all monetary matters; he superintended the action of all
persons employed in obtaining and distributing supplies for the army;
he attended to the collection of all monies due to the United States,
either by loans from Europe, from the states, or otherwise; he held a
supervision over all the contractors for military supplies; he provided
for the civil list; he corresponded with the executive of each state,
and with the ministers of the United States, then in Europe for the
purpose of obtaining aid, urging upon them the necessity of raising
money, and necessarily transacted much business with every department
of the government. At the same time he was an active member of the
legislature of Pennsylvania. The effects of his powerful financial mind
soon invigorated the desponding cause of liberty. Through the agency of
the bank of North America, united with his personal responsibility, he
improved the national credit, and introduced a rigid economy through
all the avenues of public operations. He found himself in an Augean
stable, but was the Hercules that could effectually cleanse it. Corrupt
agents and corrupting speculators fled before his searching scrutiny,
hissing like serpents retiring to their dens.
In all things he acquitted himself nobly, and stood approved by
Congress, by his country, his conscience and his God. It is a lasting
eulogium upon his name, that he reduced all his transactions to so
perfect a system, committing them all to writing, that he was able to
produce a satisfactory voucher for each and every public act during is
whole career—a circumstance worthy of remark and of imitation. System
is the helm, ballast, and mainmast of business.
Public-domain text, read in full here on John Shaqi.
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