henry-clay-orator
Henry Clay Addressing the Senate.

Toward the end of President Andrew Jackson’s second term, the federal government had come to enjoy a substantial surplus, primarily coming as a result of land sales and “proceeds from the Tariff 0f 1833.” Daniel Walker Howe, What Hath God Wrought: Transformation of America, 1815-1848, 499.

Continue reading “The Early Federal Government Surplus”

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