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4th United States
Secretary of the Treasury
US Senator (Class 1)
George W. Campbell
Albert was born in Geneva January 29, 1761. He died August 12, 1849 in Astoria, Queens, New York. His parents were Jean Gallatin and his wife, Sophie Albertine Rollaz.
By the age of 9, both of Albert's parents had died, leaving him an orphan. He was taken in by a family friend, who cared for him until 1773 when he went to boarding school. As a student at the Academy of Geneva, he became disillusioned with traditionalism, and was a strong advocate of Enlightenment. He thought that when people had no social restrictions they would achieve more, both physically and morally. He decided to emigrate to the United States where he valued the independent spirit of the people.
Albert secretly departed Geneva in May 1780, aboard the Kattie; he arrived in Boston on July 15, 1780, at the age of 19.
On May 14, 1789, Albert married Sophia Allegre, who died in October, 1789 of unknown causes. On March 11, 1793 he married Hannah Nicholson, with whom he had 6 children; three of the girls died as infants. Hannah passed away May 15, 1849.
Albert Gallatin worked for a short time at Harvard College, teaching French. Using the money from this position, he purchased 370 acres of land in Fayette County, Pennsylvania, which he named "Friendship Hill". This area is now a National Historic Site.
In 1794, Gallatin developed a settlement, "New Geneva", intended to attract Europeans fleeing the French Revolution. It included factories, a company store, sawmill, winery, distillery and boatyard. Of the businesses in the settlement, only the glassworks was successful.
Albert Gallatin is best known for the 13 years he spent as Secretary of the Treasury (1801-1814). He was an expert on financial affairs, and strived to lower taxes and public debt.
As Secretary of the Treasury, he helped the government to purchase the Louisiana Territory as well as fund the Lewis and Clark Expedition. The Gallatin River, one of the tributaries of the Missouri River in Montana, was named after him by Captains Lewis and Clark.
In 1831, Gallatin helped found New York University. He also became president of the National Bank (later renamed Gallatin Bank).
Gallatin was very interested in Native American Language and Culture, and was actively involved in the American Ethnological Society, serving as its president in 1848.
Birth: Jan. 29, 1761 Geneva Geneve, Switzerland Death: Aug. 12, 1849 Astoria Queens County New York, USA
Albert Gallatin was born into an aristocratic Swiss family, but gave up fortune and social position and emigrated to America in 1780, where he might "drink in a love for independence in the freest country of the universe". Following fifteen years of being involved in various business ventures and teaching French at Harvard, Gallatin was elected to Congress from Pennsylvania in 1795. As a member of Congress, he made the Treasury Department and its control the object of constant scrutiny and criticism. He helped to create the House Committee on Ways and Means to assure Treasury's accountability to Congress by reviewing the Department's annual report concerning revenues, debts, loans and expenditures. He was appointed Secretary of the Treasury in 1801 by President Thomas Jefferson and continued in that position under President James Madison until 1814. His service of nearly 14 years is the longest term of any Secretary of the Treasury in the country's history. As Secretary he was responsible for significantly reducing the federal debt and his management of the Treasury resulted in the adoption of accounting practices still in use today. Following his service as Secretary of the Treasury, Gallatin was appointed one of the Commissioners to negotiate the Treaty of Ghent, which ended the War of 1812. He served as Minister to France and as Envoy to Great Britain before leaving public service and moving to New York in 1817. He became the first president of the National Bank of New York, was a founding trustee of New York University and served as president of the New York Historical Society. Gallatin was a founding member of the American Ethnological Society, served as its first president, and wrote extensively on the languages of American Indian tribes. (bio by: Craig Johnson)
Family links: Spouses: Hannah Nicholson Gallatin (1766 - 1849)* Sophia Allegre Gallatin (1766 - 1789)*
Children: Albert Rolaz Gallatin (1800 - 1890)* Frances Gallatin Stevens (1803 - 1877)* Sophia Albertina Gallatin (1804 - 1805)* Hannah Maria Gallatin (1807 - 1808)*
Burial: Trinity Churchyard Manhattan New York County (Manhattan) New York, USA
Maintained by: Find A Grave Record added: Jan 01, 2001 Find A Grave Memorial# 375
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On 2 Jan 2018 at 03:22 GMT Carroll Woods wrote:
Albert is 17 degrees from George Bush, 20 degrees from Rick San Soucie and 20 degrees from Victoria of the United Kingdom of Great Britain and Ireland on our single family tree. Login to find your connection.