A history of the United States . etting for the studiedsimplicity of the first inaugura-tion held there. A muddy road,skirted by a few straggling houses,the future Pennsylvania Avenue,connected the White House andthe Capitol. According to con-temporary accounts Jeffersonwalked from his boarding houseto the Capitol, escorted by acompany of militia from Charlottesville, took the oathof office, and defivered his carefully worded inauguraladdress. The new president was a man of marked the enthusiasm of the idealist he combined in largemeasure the shrewdness of the practical polit
A history of the United States . etting for the studiedsimplicity of the first inaugura-tion held there. A muddy road,skirted by a few straggling houses,the future Pennsylvania Avenue,connected the White House andthe Capitol. According to con-temporary accounts Jeffersonwalked from his boarding houseto the Capitol, escorted by acompany of militia from Charlottesville, took the oathof office, and defivered his carefully worded inauguraladdress. The new president was a man of marked the enthusiasm of the idealist he combined in largemeasure the shrewdness of the practical politician. Withfew of the gifts of the public speaker, he was in private con-versation convincing and persuasive, and no president everheld more complete sway over his associates or over intellectual versatility was remarkable. Little thatwas worthy of note in science or invention, or in the field ofreUgious, social, or political philosophy, escaped the rangeof his keen intellect. As a writer he had no equal in America,. Thomas Jefferson. Federalists and Republicans 213 and to the present day the writings of no other Americanstatesman have been so widely quoted. Jefferson beUeved in an economical administration ofthe government and one of his first tasks was to cut off allunnecessary expenditures. His secretary of thetreasury, Albert Gallatin, was one of the ablest expe^di-^°financiers who ever held that office, and his ad- turesandofministration was surprisingly successful. Under ^g^^^ ^°°^the Federalists the national debt had increasedto about $80,000,000. By rigid economy, which fell mostheavily on the army and navy, and with the aid of increasedrevenues, Gallatin managed to pay off large portions of thedebt and to show each year a substantial surplus in thetreasury. Notwithstanding the $15,000,000 of bonds issuedfor the payment of Louisiana, by the close of 1807 the debthad been reduced to $69,500,000. The question of patronage is always a difficult problemfor a
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Keywords: ., bookcentury1900, bookdecade1920, bookidhistoryofuni, bookyear1921
