Daily stories of Pennsylvania : $b prepared for publication in the leading daily newspapers of the state...Godcharles, Frederic Antes
History
Daily stories of Pennsylvania : $b prepared for publication in the leading daily newspapers of the state...
Godcharles, Frederic Antes
Pennsylvania -- Biography; Pennsylvania -- History
Gallatin was energetic in working with his friends to gain time and
restore quietness. He presented with great force the folly of resistance
and the ruinous consequences to the country of the continuance of the
insurrection. He urged that the Government was bound to vindicate the
laws and that it would surely send an overwhelming force against them.
He placed the subject in a new light and showed the insurrection to be a
much more serious affair than it had before appeared.
After the Pennsylvania commissioners had reached Pittsburgh and met with
those of the National Government and the committee appointed at the
meeting at Parkinson’s Ferry, a conference of the committee of sixty was
held at Redstone Old Fort, now Brownsville.
This meeting was opened by a long, sensible and eloquent speech by
Albert Gallatin in favor of law and order. Backed by Judge Hugh H.
Brackenridge, Gallatin won the day, and the insurrection was happily
ended before the army was called into action.
Gallatin was censured for the part he had taken, but no man stood higher
in the opinion, not only of President Washington, but of the
Pennsylvania authorities. In the General Assembly December, 1794, in an
able speech Gallatin admitted his “political sin” in the course he had
taken in the insurrectionary movement.
He was elected to Congress in 1795, and in a debate on Jay’s Treaty in
1796 he charged Washington and Jay with having pusillanimously
surrendered the honor of their country. This, from the lips of a young
foreigner, exasperated the Federalists. He was a leader of the Democrats
and directed his attention particularly to financial matters.
Gallatin remained in Congress until 1801, when President Thomas
Jefferson appointed him Secretary of the Treasury, which office he held
until 1813, and obtained the credit of being one of the best financiers
of the age.
The opponents of Jefferson’s Administration complained vehemently in
1808 that the country was threatened with direct taxation at a time when
the sources of its wealth, by the orders and decrees of Great Britain
and France, were drying up. Gallatin replied to these complaints, as
Secretary of the Treasury, by reproducing a flattering but delusive
suggestion contained in his annual report the preceding year.
He suggested that as the United States was not likely to be involved in
frequent wars, a revenue derived solely from duties on imports, even
though liable to diminution during war, would yet amply suffice to pay
off, during long intervals of peace, the expenses of such wars as might
be undertaken.
Should the United States become involved in war with both France and
Great Britain, no internal taxes would be necessary to carry it on, nor
any other financial expedient, beyond borrowing money and doubling the
duties on import. The scheme, afterwards tried, bore bitter fruit.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account