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ALBERT GALLATIN - AUTOGRAPH LETTER SIGNED 08/21/1806 - HFSID 32525

Gallatin handwrote, signed and dated this letter to J. B. Varnum of Dracut, Massachusetts from New York in 1806. Matted to 8½x11 on a white sheet of paper. Autograph letter signed "Albert Gallatin".

Price: $800.00

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ALBERT GALLATIN
Gallatin handwrote, signed and dated this letter to J. B. Varnum of Dracut, Massachusetts from New York in 1806. Matted to 8½x11 on a white sheet of paper.
Autograph letter signed "Albert Gallatin". 2 pages, 8x10, 1 sheet front and verso, matted to 8½x11 on a white sheet of paper. New York, Aug. 21, 1806. Addressed to "Hon-ble/J. B. Varnum M. C./Dracut". In full: "Dear Sir Your letter of 28th ult. Followed me to this place and although I know that loan officer certificates were barred by the act of limitation, I thought it sent before I answered you, to write to the Register of the Treasury for more detailed information. He informs me that, supposing the certificate in the hands of the gentleman to who you allude to have been promoted in time so as not to be barred by the limitation acts, yet claims for that description o f loan office certificates have been considered at the Treasury as inadmissible as will appear from the enclosed extracts of the reports of the Secretary of the Treasury [not included] dated 23rd Decer. 1795, & of the Auditor accompanying the same dated 19th Jany. 1795. It follows that they cannot be paid or funded which Cognress shall consider [illegible] for every decision [illegible] & order payment to to [sic] be made. I am with great respect Dear Sir Your obdt. servt.". Gallatin (1761-1849, born Abraham Alfonse Albert Gallatin in Geneva, Switzerland) served as Secretary of the Treasury under Presidents Jefferson and Madison (1801-1814). When he assumed the position, the national debt was $87 million. In ten years, it had been reduced to $45 million because of his mastery of the details in public finances, lowering the debt and taxes. With the onset of the War of 1812, the debt again skyrocketed. In 1814, Gallatin was appointed as one of the commissioners to negotiate the Treaty of Ghent, ending the War of 1812. He later served as U.S. Minister to France (1815-1823) and England (1826-1827). Not matted in Gallery of History Style. Lightly toned, soiled and creased. Letter has light tears at left edge. Upper left corner is missing. Folded twice vertically and five times horizontally. Matte paper is torn in upper right corner and at left edge. Otherwise in fine condition.

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