The Most Famous Founding Father You’ve Never Heard of Was Hamilton's Arch-Nemesis and a Deficit Hawk

The Most Famous Founding Father You’ve Never Heard of Was Hamilton's Arch-Nemesis and a Deficit Hawk

Alexander Hamilton had a nemesis… and it was not Aaron Burr. After Hamilton enacted a wide-scale spending program to build up America's military and infrastructure, and thus send it into debt, newly-elected President Thomas Jefferson chose a Secretary of the Treasury to dismantle his system—Albert Gallatin.

Considered a “foreigner, a tax rebel, and a dangerously clever man,” the Geneva-born Gallatin was despised by Hamilton and the Federalists. During their political careers, these two economic masterminds were locked in a battle to surmount the other’s financial system for the new nation.

During his twelve years as Secretary of the Treasury, Gallatin overcame his predecessor by
-- Repaying half of the national debt
-- Containing the federal government by restraining its fiscal power
-- Abolishing internal taxes in peacetime
-- Slashing spending

Today I'm talking with Gregory May, author of the new book Jefferson’s Treasure: How Albert Gallatin Saved the New Nation from Debt.

We discuss Gallatin’s rise to power, his tumultuous years at the Treasury, and his enduring influence on American fiscal policy.

See omnystudio.com/listener for privacy information.

Jaksot(1073)

Who Was WW2 Spy Zig-Zag?

Who Was WW2 Spy Zig-Zag?

Today's question comes from Dean Wallace: Could you tell me about the career of [World War Two] agent Zigzag?     WANT ME TO ANSWER YOUR QUESTION ABOUT HISTORY? Click here to learn more.     TO HELP O...

9 Kesä 20178min

What Is The World’s Oldest University?

What Is The World’s Oldest University?

Today's question comes from James Ganong: Could you please tell me the history of oldest university? I think it is in Egypt...   WANT ME TO ANSWER YOUR QUESTION ABOUT HISTORY? Click here to learn more...

8 Kesä 20177min

Tell Me About the Varangians (The Vikings of Russia)

Tell Me About the Varangians (The Vikings of Russia)

Today's question is about the Varangians, a group of Vikings that conquered Kievan Rus and became the first rulers of the Russian state. I'd love it if you could talk about Kievan-Rus, the Rurik dynas...

7 Kesä 20175min

Can We Really Know Anything in History Or Is It All Fake News?

Can We Really Know Anything in History Or Is It All Fake News?

Today's question comes from C. M. Ho: How much of history has been the figment of some power hungry person or group? Some historians or those that call themselves historians are not adhering to the tr...

6 Kesä 20177min

Every President’s Go-to Drink, From Washington’s Whisky to Obama’s Homebrew—Mark Will-Weber

Every President’s Go-to Drink, From Washington’s Whisky to Obama’s Homebrew—Mark Will-Weber

There are books about presidents. There are books about cocktails. Then there are books that create and attribute a cocktail to each of the 45 U.S. presidents. Journalist and editor Mark Will-Weber ha...

5 Kesä 20171h 18min

What Were French Trappers Doing in 1700s America?

What Were French Trappers Doing in 1700s America?

Today's question comes from Suzanne: I would enjoy anything about the French in North America, Canada and the US, early American History of the Michigan Territory, Seven Years War, etc.   WANT ME TO A...

2 Kesä 20176min

Did the Inventor of the Guillotine Die By Guillotine?

Did the Inventor of the Guillotine Die By Guillotine?

Today's question comes from August Berkshire: Is it true that the person who invented the guillotine was guillotined himself? What the story behind both events? WANT ME TO ANSWER YOUR QUESTION ABOUT H...

1 Kesä 20176min

What is the Bloody Mary Myth Based On?

What is the Bloody Mary Myth Based On?

Today's question comes from Goa Yong: Is Bloody Mary a real person?   WANT ME TO ANSWER YOUR QUESTION ABOUT HISTORY?   Click here to learn more.     TO HELP OUT THE SHOW Leave an honest review on iTun...

31 Touko 20179min

Suosittua kategoriassa Yhteiskunta

olipa-kerran-otsikko
i-dont-like-mondays
sita
kaksi-aitia
siita-on-vaikea-puhua
gogin-ja-janin-maailmanhistoria
uutiscast
poks
antin-palautepalvelu
kolme-kaannekohtaa
rss-nikotellen
mamma-mia
yopuolen-tarinoita-2
aikalisa
rss-murhan-anatomia
rss-haudattu
meidan-pitais-puhua
rss-palmujen-varjoissa
taskula-trishin
isani-on-terapeuttiville