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)

Light-Horse Harry Lee: A Founding Father's Journey From Glory to Ruin

Light-Horse Harry Lee: A Founding Father's Journey From Glory to Ruin

The history of the American Revolution is written by and about the victors like Washington, Jefferson, and Adams. But separating the heroes from the villains is not so black and white.So how should we...

2 Maj 20231h 2min

Abraham Lincoln’s Religious Transformation Mirrored Larger Revival Trends of 1860s America

Abraham Lincoln’s Religious Transformation Mirrored Larger Revival Trends of 1860s America

Abraham Lincoln, unlike most of his political brethren, kept organized Christianity at arm’s length. He never joined a church and only sometimes attended Sunday services with his wife. But over the co...

27 Apr 202336min

Augustine Built the Medieval World With the Help of His Mother, Concubine, Empress, and 10-Year-Old Fiancé

Augustine Built the Medieval World With the Help of His Mother, Concubine, Empress, and 10-Year-Old Fiancé

Saint Augustine of Hippo is one of the most important figures of the Latin Middle Ages, and his writings have shaped Western thought on marriage and sexuality. However, few have considered the deeply ...

25 Apr 202351min

When Irish Vets of the American Civil War Invaded Canada in 1866

When Irish Vets of the American Civil War Invaded Canada in 1866

One year after the Civil War ended, a group of delusional and mostly incompetent commanders sponsored by bitterly competing groups riddled with spies, led tiny armies against the combined forces of th...

20 Apr 202350min

The Destructive Power of the Family, From Oedipus to the Godfather

The Destructive Power of the Family, From Oedipus to the Godfather

Family has been an inexhaustible source of conflict for writers from the ancient to modern worlds – maybe even more inexhaustible than war. From Greek dramatists Aeschylus and Sophocles to Confucius, ...

18 Apr 202332min

A 15th-Century Islamic Scholar Has Surprisingly Contemporary Advice on Handling Pandemics

A 15th-Century Islamic Scholar Has Surprisingly Contemporary Advice on Handling Pandemics

Six hundred years ago, Ibn Hajar al-Asqalani —an esteemed judge, poet, and scholar in Cairo— wrote “Merits of the Plague,” a landmark work of history and religious thought that looked at accounts of c...

13 Apr 202351min

Andrew Jackson’s Victory in the Creek War Set the Stage for Southern Secession 50 Years Later

Andrew Jackson’s Victory in the Creek War Set the Stage for Southern Secession 50 Years Later

An oft-overlooked chapter in American History is the Creek War, a conflict between the Creek Indians and a young United States hungry for expansion in the early 1800s. It’s remembered as an important ...

11 Apr 202339min

After Woodrow Wilson Suffered a Stroke, His Wife Edith Secretly Served As President for a Year

After Woodrow Wilson Suffered a Stroke, His Wife Edith Secretly Served As President for a Year

The United States has yet to elect its first female president, but over a century ago, there was a woman acting as the leader of this nation—before women could even vote nationwide. Her name was Edith...

6 Apr 202356min

Populärt inom Samhälle & Kultur

podme-dokumentar
gynning-berg
svenska-fall
p3-dokumentar
en-mork-historia
aftonbladet-krim
mardromsgasten
skaringer-nessvold
killradet
rss-mer-an-bara-morsa
creepypodden-med-jack-werner
hor-har
kod-katastrof
flashback-forever
rattsfallen
vad-blir-det-for-mord
rss-brottsutredarna
rss-sanning-konsekvens
larm-vi-minns
rss-nemo-moter-en-van