[Albert Gallatin by John Austin Stevens]@TWC D-Link book
Albert Gallatin

CHAPTER X
3/41

Balancing his accounts, Mr.Gallatin then found himself worth seven thousand dollars, in addition to which he had about twenty-five thousand acres of waste lands and the notes of Mr.Morris.
In 1798 Mr.Morris failed, and, under the harsh operations of the old law, was sent to jail.

Mr.Gallatin never recovered the three thousand dollars owed to him in the final balance of his real estate operations.
After Mr.Gallatin left the Treasury he located patents for seventeen hundred acres of Virginia military lands in the State of Ohio, on warrants purchased in 1784.

In 1815 he valued his entire estate, exclusive of his farm on the Monongahela, at less than twelve thousand dollars.

Forty years later he complained of his investment as a troublesome and unproductive property, which had plagued him all his life.

Besides the purchase of lands, Mr.Gallatin invested part of his little capital in building houses on his farm, and in the country store which Badollet managed.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books