Albert Gallatin Quotes

The money wanted by the public must be purchased at its market price.

The Secretary was arguing to pay market interest for Federal borrowings rather than the 6% bonds which had been traditional theretofore.
Albert Gallatin
Albert Gallatin
  • Born: January 29, 1761
  • Died: August 12, 1849
  • Nationality: Swiss
  • Profession: Statesman

Abraham Alfonse Albert Gallatin, born de Gallatin was a Genevan-American politician, diplomat, ethnologist and linguist. He was an important leader of the Democratic-Republican Party, serving in various federal elective and appointed positions across four decades. He represented Pennsylvania in the Senate and the House of Representatives before becoming the longest-tenured United States Secretary of the Treasury and serving as a high-ranking diplomat.