Jefferson’s Treasure: How Albert Gallatin Saved the New Nation from Debt

Event Markets and Finance
Event Markets and Finance

November 16, 2018 Jefferson’s Treasure: How Albert Gallatin Saved the New Nation from Debt

Washington had Alexander Hamilton, and Jefferson had Albert Gallatin.

Friday, Nov 16, 2018

12:00 pm - 1:00 pm

The Heritage Foundation

214 Massachusetts Ave NE
Washington, DC
20002

Featured Author

Gregory May

Gregory May is an internationally known tax expert who has spent three years analyzing Gallatin's role in the finances of the Early Republic. He graduated from William and Mary with highest honors in history and from Harvard Law School, where he was an editor of the Harvard Law Review. After clerking for Justice Lewis Powell on the Supreme Court, he had a long career in tax and corporate finance.

Description

Washington 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.