The National cyclopædia of American biography : being the history of the United States as illustrated in the lives of the founders, builders, and defenders of the republic, and of the men and women who are doing the work and moulding the thought of the present time, edited by distinguished biographers, selected from each state, revised and approved by the most eminent historians, scholars, and statesmen of the day . -ture Clinton devoted his attention to theconsideration of a scheme of finance, whichresulted in the establishment of a sink-ing fund, which accumulated to the fullamount of the or
The National cyclopædia of American biography : being the history of the United States as illustrated in the lives of the founders, builders, and defenders of the republic, and of the men and women who are doing the work and moulding the thought of the present time, edited by distinguished biographers, selected from each state, revised and approved by the most eminent historians, scholars, and statesmen of the day . -ture Clinton devoted his attention to theconsideration of a scheme of finance, whichresulted in the establishment of a sink-ing fund, which accumulated to the fullamount of the original debt, and raisednot only the credit of the state in foreigncapitals, but the credit of the nation aswell. The plans prepared by the com-mission passed successfully through thevarious stages of legislation, being savedin the then existing Council of Revision by the casting vote of Chancellor to the canal policy having beenmade a question of party politics, Clintonsdetermined advocacy of it naturally as-sumed the same character, and in 1817 he waschosen governor of the state by a large majorityover his opponent. In the next gubernatorial con-test he was re-elected, but entered upin his termof office with a hostile legislature. Strife betweenthat body and the executive ensued, but during theyear the great canal, or Clintons big ditch, assome preferred to call it, was steadily V ?/M^/ ^fh Hi OF AMERICAN BIOGRAPHY. 45 Ground was broken by Gov. Clinton July 4, 1817,and in 1819 the central portion of the canal was fin-ished. In 1832 he declined to be a candidate for athird term, and in the closine days of the legislatureof 1834 his opponents secured his removal from theoffice of canal commissioner. But they had miscal-culated his popularity and influence with the people,and at meetings held in all parts of the state the pop-ular indignation found voice, and at the next elec-tion for governor he was sent back to the chair by16,000, a larger majorit
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