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.

Avsnitt(1075)

Key Battles of the Barbary Wars, Episode 2: The British Origins of the US Navy

Key Battles of the Barbary Wars, Episode 2: The British Origins of the US Navy

The American Navy was birthed in the Barbary Wars. Sure, there was a token navy in the Revolutionary War, but battles were mostly won in that war by American privateers (or, if you were British, pirat...

24 Okt 202440min

The Conquest of Constantinople in 1453 Permanently Altered Siege Warfare, Middle Eastern Demographics, and Global Trade

The Conquest of Constantinople in 1453 Permanently Altered Siege Warfare, Middle Eastern Demographics, and Global Trade

On May 29, 1453, Ottoman Sultan Mehmet II captured Constantinople, bringing an end to over a thousand years of Byzantine rule. The city's formidable walls, which had stood nearly impenetrable for eigh...

22 Okt 202439min

Key Battles of the Barbary Wars, Episode 1: America Wanted to Take 1776 to the High Seas. North African Pirates Disagreed.

Key Battles of the Barbary Wars, Episode 1: America Wanted to Take 1776 to the High Seas. North African Pirates Disagreed.

In this new mini-series, Scott Rank is rejoined by James Early (his co-host on many other military history mini-series, covering the Civil War, World War One, and the Revolutionary War) to look at a l...

17 Okt 202430min

New Series Launches Tomorrow: Key Battles of the Barbary Wars (with James Early)

New Series Launches Tomorrow: Key Battles of the Barbary Wars (with James Early)

James Early and Scott will be doing a nine-part series starting tomorrow called Key Battles of the Barbary Wars (1801-1815). We look at an infant United States try to assert itself in the Atlantic Wor...

15 Okt 20241min

How Civil War Vets Continued Living Despite Being Double, Triple, or Even Quadruple Amputees

How Civil War Vets Continued Living Despite Being Double, Triple, or Even Quadruple Amputees

The Civil War wrought horrible devastation on its soldiers: Nearly 500,000 were wounded by bullets, shrapnel or sabers and bayonets. Medicine was still primited, and often a doctor could do little mor...

15 Okt 202454min

What’s the Difference Between a Pirate, a Privateer, and a Naval Officer? In the 1700s, Very Little

What’s the Difference Between a Pirate, a Privateer, and a Naval Officer? In the 1700s, Very Little

The pirates that exist in our imagination are not just any pirates. Violent sea-raiding has occurred in most parts of the world throughout history, but our popular stereotype of pirates has been defin...

10 Okt 202455min

After Genghis Khan Conquered the Earth, Kublai Khan Conquered the Seas

After Genghis Khan Conquered the Earth, Kublai Khan Conquered the Seas

Genghis Khan built a formidable land empire, but he never crossed the sea. Yet by the time his grandson Kublai Khan had defeated the last vestiges of the Song empire and established the Yuan dynasty i...

8 Okt 202449min

Aesop’s Fables and Whether They Were Written By an Ugly, Enslaved “Barbarian” Who Discretely Mocked His Masters

Aesop’s Fables and Whether They Were Written By an Ugly, Enslaved “Barbarian” Who Discretely Mocked His Masters

Aesop’s fables are among the most familiar and best-loved stories in the world. Tales like “The Tortoise and the Hare,” “The Dog in the Manger,” and “Sour Grapes” have captivated audiences for roughly...

3 Okt 202432min

Populärt inom Samhälle & Kultur

podme-dokumentar
gynning-berg
p3-dokumentar
svenska-fall
en-mork-historia
aftonbladet-krim
mardromsgasten
skaringer-nessvold
creepypodden-med-jack-werner
killradet
rss-mer-an-bara-morsa
hor-har
flashback-forever
p3-historia
rattsfallen
kod-katastrof
historiska-brott
vad-blir-det-for-mord
rss-brottsutredarna
spar