Page:Henry Adams' History of the United States Vol. 4.djvu/158

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148
HISTORY OF THE UNITED STATES
Ch. 6.

they were chiefly due to the undisputed success of his financial management. Jefferson and Madison, Dearborn and Robert Smith, might do what they would, so long as they left Gallatin free to control the results of their experiments; for Gallatin redeemed the mistakes of his party. Madison's foreign policy had brought only trouble to the government; Dearborn's army had shown itself to be more dangerous to the Union than to its enemies; Smith's gunboats were a laughing-stock; but Gallatin never failed to cover every weak spot in the Administration, and in October, 1807, the Treasury was profuse of prosperity. Congress might abolish the salt tax and Mediterranean Fund alike, and still the customs would yield fourteen millions a year; while the sales of public lands exceeded 284,000 acres and brought another half million into the Treasury. December 31, after providing for all payments of public debt, Gallatin had a balance of seven millions six hundred thousand dollars on hand. During the Presidency of Jefferson, twenty-five and a half millions had been paid to redeem the principal of the public debt, and only the restraints imposed by the law prevented more rapid redemption. Even in case of war, Gallatin offered to sustain it for a year without borrowing money or increasing taxes.

There was the secret of Jefferson's strength, of his vast popularity, and of the fate which, without direct act of his, never had failed to overwhelm his enemies. The American people pardoned everything except