Views of the Public Debt, Receipts, & Expenditures of the United States.

Pamphlet, 8vo, removed, plain paper wrappers, uncut, 72, [6], 4 tables. Wrappers are chipped at the edges, top wrapper has a three inch tear near spine, and somewhat brittle, partially uncut, some minor soiling and aging; still a very good copy. This is a second edition, a first was published in New York in 1800. Gallatin started out in the state legislature in Pennsylvania, but was elected to the House of Representatives in 1794. He was appointed Secretary of the Treasury in 1801 under Jefferson. While much of the text is directed at reporting on various Federal financial matters, he does give his views on financial responsibility. So things don't seem to change, and in 1790 the amount of U.S. debt outstanding was less than $70 million.