This sum, his little farm, and five or six hundred pounds cash were then his entire fortune.

In 1794, the revolution in Switzerland having driven out numbers of his compatriots, he formed a plan of association consisting of one hundred and fifty shares of eight hundred dollars each, of which the Genevans in Philadelphia, Odier, Fazzi, the two Cazenove, Cheriot, Bourdillon, Duby, Couronne, Badollet, and himself took twenty-five each.
Twenty-five were offered to Americans, which were nearly all taken up, and one hundred were sent to Geneva, Switzerland, to D'Yvernois and his friends.

The project was to purchase land, and Mr.Gallatin had decided upon a location in the northeast part of Pennsylvania, or in New York, on the border.

In the summer Gallatin made a journey through New York to examine lands with the idea of occupation.

In July, 1795, he made a settlement with Mr.Morris, taking his notes for three thousand five hundred dollars.