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See also: American statesman and financier, was See also: born on the See also: island of See also: Jamaica, West Indies, on the 21st of See also: June 1759, the son of Dr Robert C
.
Dallas (d
.
1774), a Scottish physician then practising there
.
Dr Dallas soon returned to See also: England with his See also: family, and See also: Alexander was educated at
See also: Edinburgh and See also: Westminster
.
He studied See also: law for a See also: time in the Inner See also: Temple, and in 178o returned to Jamaica
.
There he met the younger See also: Lewis See also: Hallam (1738-18o8), a See also: pioneer American theatrical manager and actor, who induced him to remove to the See also: United States, and in 1783 he settled in See also: Philadelphia, where he at once took the See also: oath of allegiance to the United States, was admitted to practise law in 1785, and rapidly attained a prominent position at the See also: bar
.
He was interested in the theatrical projects of Hallam, for whom he wrote several dramatic compositions, and from 1787 to 1789 he edited The' Columbian See also: Magazine
.
From 1791 to 1801 he was secretary of the See also: commonwealth of Pennsylvania
.
Partly owing to his publication of an able pamphlet against the Jay treaty in 1795, he soon acquired a position of much influence in the Democratic-Republican party in the See also: state
.
During the See also: Whisky Insurrection he was paymaster-general of the state militia
.
His official position as secretary did not entirely prevent him from continuing his private law practice, and, with Jared Ingersoll, he was the counsel of Senator See also: William
See also: Blount in his impeachment trial
.
Dallas was United States attorney for the eastern See also: district of Pennsylvania from 18or until 1814, a See also: period marked by bitter struggles between the Democratic-Republican factions in the state, in which he took a leading See also: part in See also: alliance with Governor See also: Thomas M'
See also: Kean and See also: Albert See also: Gallatin, and in opposition to the See also: radical factions led by Michael Leib (1759-1822) and William Duane (1760—1835), of the See also: Aurora
.
The See also: quarrel led in 18o5 to the M'Kean party seeking Federalist support
.
By such an alliance, largely due to the See also: political ingenuity of Dallas, M'Kean was re-elected
.
In See also: October 1814 President See also: Madison appointed Dallas secretary of the See also: treasury, to succeed See also: George W
.
See also: Campbell (1768-1848), whose brief and disastrous
See also: term had been marked by wholesale See also: bank suspensions, and an enormous depreciation of state and See also: national bank notes
.
The See also: appointment itself inspired confidence, and Dallas's prompt See also: measures still further relieved the situation
.
He first issued new See also: interest-bearing treasury notes of small denominations, and in addition proposed the re-establishment of a national bank, by which means he expected to increase the stability and uniformity of the circulating See also: medium, and furnish the See also: government with a powerful See also: engine in the upholding of its See also: credit
.
In spite of his already onerous duties, Dallas, with characteristic energy, served also as secretary of war ad See also: interim from See also: March to
See also: August 1815, and in this capacity successfully reorganized the army on a See also: peace footing
.
Although peace brought a more favourable condition of the See also: money market, Dallas's attempt to fund the treasury notes on a satisfactory basis was unsuccessful, but a See also: bill, reported by See also: Calhoun, as chairman of the committee on national currency, for the establishment of a national bank, became law on the loth of See also: April 1816
.
Meanwhile (12th of See also: February 1816) Dallas, in a notable report, recommended a protective tariff, which was enacted See also: late in April, largely in accordance with his recommendation
.
Although Dallas, See also: left the See also: cabinet in October 1816, it was through his efforts that the new bank began its operations in the following See also: January, and specie payments were resumed in February
.
Dallas, who belonged to the See also: financial school of Albert Gallatin, deserves to See also: rank among See also: America's greatest financiers
.
He found the government bankrupt, and after two years at the See also: head of the treasury he left it with a surplus of $20,000,000; moreover, as See also: Henry
See also: Adams points out, his measures had "fixed the financial
See also: system in a See also: firm groove for twenty years." He retired from office to resume his practice of the law, but the See also: burden of his official duties had undermined his See also: health, and he died suddenly at Philadelphia on the 16th of June 1817
.
He was the author of several notable political See also: pamphlets and state papers, and in addition edited The See also: Laws of Pennsylvania, r7oo-18or (18or), and Reports of Cases ruled and adjudged by the Courts of the United States and of Pennsylvania before and since the Revolution (4 vols., 1790-1807; new edition with notes by Thomas J
.
Wharton, 1830)
.
He wrote An Exposition of the Causes and Character of the War of 1812-15 (1815), which was republished
by government authority in New See also: York and See also: London and widely circulated
.
He left in MS. an unfinished See also: History of Pennsylvania
.
His See also: brother, ROBERT See also: CHARLES DALLAS (1754-1824), was born in Jamaica, and lived at various times in the West Indies, the United States, England and
See also: France
.
He was an intimate friend of See also: Lord See also: Byron
.
He wrote Recollections of Lord Byron (1824), and several novels, plays and See also: miscellaneous See also: works
.
See G
.
M
.
Dallas, See also: Life and Writings of Alexander See also: James Dallas (Philadelphia, 1871)
.
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