ALBERT GALLATIN
(Abraham Alfonse Albert Gallatin)
Gallatin was complaining about requirements of Congress, with which he and Madison disagreed but were not powerful enough to stop.
Describing the currency situation of the country:
The Secretary was arguing to pay market interest for Federal borrowings rather than the 6% bonds which had been traditional theretofore.
President John Adams, a Federalist, had a formal, European view of the Presidency. Mrs. Adams, unlike her predecessor, was heavily involved in partisan politics. Gallatin was one of the opposition leaders.
Abraham Alfonse Albert Gallatin, born de Gallatin was an American politician, diplomat, ethnologist and linguist. Biographer Nicholas Dungan states he was "America's Swiss Founding Father." He is known for being the founder of New York University and for serving in the Democratic-Republican Party at 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.