Jefferson’s Treasure: How Albert Gallatin Saved the New Nation from Debt
Posted
November 16, 2018
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1,054
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November 16, 2018
1,054
36
3
3.70%
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58:47
49:14Now PlayingWashington had Alexander Hamilton, and Jefferson had Albert Gallatin. In the first fight to set federal fiscal policy for the new American nation, Gallatin won. He cut taxes, reduced by the national debt by half, reformed government finances and funded both the Louisiana Purchase and the War of 1812. In his new book "Jefferson’s Treasure," Gregory May explains why Gallatin, more than Hamilton, was America’s financial founder.
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