Absorbing as the treaty debate was, it did not prevent other and very
weighty legislation. One Act, adopted in the midst of the excitement of
the treaty, was peculiarly important, and, although the idea itself was
not new, Mr. Gallatin was the first to embody it in law, so far as any
single individual can lay claim to that distinction. This Act created
the land-system of the United States government; it applied only to
lands north-west of the Ohio River, in which the Indian titles had been
extinguished, and it provided for laying these out in townships, six
miles square, and for selling the land in sections, under certain
reservations. This land-system, always a subject of special interest to
Mr. Gallatin, and owing its existence primarily to his efforts while a
legislator, took afterwards an immense development in his hands while he
was Secretary of the Treasury, and, had he been allowed to carry out his
schemes, would probably have been made by him the foundation of a
magnificent system of internal improvement. Circumstances prevented him
from realizing his plan; only the land-system itself and the Cumberland
Road remained to testify the breadth and accuracy of his views; but even
these were achievements of the highest national importance.
Deeply as these two subjects interested him, his permanent and peculiar
task was a different one. To Mr. Gallatin finance was an instinct. He
knew well, as Mr. Hamilton had equally clearly understood before him,
that the heart of the government was the Treasury; like many another man
of high financial reputation, he had little talent for money-making, and
never was, or cared to be, rich; but he had one great advantage over
most Americans of his time, even over Mr. Hamilton and Mr. Jefferson; he
was an economist as well as a statesman; he was exact not merely in the
details but in the morality of affairs; he held debt in horror;
punctilious exactness in avoiding debt was his final axiom in finance;
the discharge of debt was his first principle in statesmanship;
searching and rigid economy was his invariable demand whether in or out
of office, and he made this demand imperative upon himself as upon
others.
Public-domain text, read in full here on John Shaqi.
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