[Albert Gallatin by John Austin Stevens]@TWC D-Link bookAlbert Gallatin CHAPTER VI 79/148
Nothing occurred during the next year to check the growth of the country; the revenue continued on a rising scale, and reached close upon fifteen millions of dollars. So far Mr.Gallatin had met but inconsiderable obstacles in his course, and these he used to his advantage to impress economy upon the Army and Navy Departments, and enforce his principle of minute appropriations for their government.
All that he had already accomplished in the establishment of a sound financial system and the support of the credit of the United States was but the basis of a broader structure of national economy.
His extensive scheme of internal improvements was hardly matured when the thunder broke in the clear sky. The acquisition of Louisiana, the large carrying trade which had passed under the American flag, and the rapid prosperity of the financial and industrial condition of the country aroused the jealousy of Great Britain, and determined her to check the further progress of the United States by war, if need be.
The capture of the American frigate Chesapeake by the man-of-war Leopard, June 22, 1807, was only the first in a series of outrages which rendered the final collision, though long delayed, inevitable.
Mr.Gallatin at once recognized that the Treasury could no longer be conducted on a peace basis.
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