Campbell, George W.

Uncommon 1814 LS while 8-month Treasury Secretary during War of 1812

Price: $135.00

Description:
(1769-1848) Scottish-born statesman, 5th Secretary of the Treasury (Feb.-Oct. 1814). He graduated from the College of New Jersey (now Princeton University) in 1794, studied law, was admitted to the North Carolina bar and began practicing in Knoxville, Tennessee. Tennessee US Rep 1805–09, Chairman of the Ways and Means Committee 1808-09. He was one of the managers appointed in 1804 to conduct impeachment hearings for US district court judge John Pickering, and, later in the same year, impeachment hearings against Associate Justice of the US Supreme Court Samuel Chase. He left Congress in 1809 to become judge of the Tennessee Supreme Court, serving until 1811. He served as a US Senator Oct. 8, 1811-Feb. 11, 1814, resigning to accept appointment as Secretary of the Treasury by President Madison. He faced national financial disorder brought on by the War of 1812. Congress failed to re-charter the First Bank of the United States after its charter expired in 1811, and appropriations for the War were unavailable, so he had to convince Americans to buy government bonds. He was forced to meet lenders’ terms, selling government bonds at exorbitant interest rates. In September 1814, the British occupied Washington and government credit was lowered even further. Campbell was unsuccessful in his efforts to raise money through additional bond sales and he resigned that October after only 8 months in office, disillusioned and in bad health. He returned to the Senate Oct. 10, 1815. He served as 1st Chairman of the Senate Finance Committee and its predecessor from Dec. 4, 1815, until his resignation from the Senate April 20, 1818 to be Ambassador to Russia, a position he held 1818-21. Campbell was a member of the French Spoliation Claims Commission in 1831. Campbell County, Tennessee, is named in his honor. 10 x 8 LS as Treasury Secretary, Treasury Department (Washington), August 2 1814 (a month before the British burned Washington), to William White, Commissioner of loans and pensions, returning a transfer certificate for correction (omission of the word “three”). With free franked address leaf, thus 2 scarce autographs as Treasury Secretary!

Condition: Very good, mounting tape at left edge, repair to seal hole at top of address leaf of no consequence, vertical age stain thru “a” in franking signature
Type:Letter & Free Franked Address Leaf






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