Albert Gallatin Quotes

We have hardly enough money to last till the end of March.

 
Context
Gallatin was Secretary of the Treasury and has he came into office he discovered that the United States did not have enough money to last the month. To stave off national bankruptcy, Gallatin approached Stephen Girard, then the richest man in America who himself bought and he offered to sell United States bonds to his friends and associates at a very low rate. He saved the young nation.
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.