Bibb, George M.

Signature of John Tylerís 4th Treasury Secretary, served July 18544-March 1845.

Price: $20.00

Description:
(1776-1859) Kentucky House of Representatives member 1806, 1810 & 1817, he was appointed a judge of the Kentucky Court of Appeals in 1808 and then chief justice through 1810. In 1811 he was elected to the US Senate and served until 1814 when he returned to Lexington to work as a lawyer. He was again named Chief Justice of the Kentucky Court of Appeals in 1827, serving for a year. He was re-elected to the US Senate in 1829 and served as a Jacksonian Democrat through 1835. A state jurist 1835-44, he was President Tyler's 4th Secretary of the Treasury, serving July 1844-March 1845. He presented a solid argument for the establishment of a "sinking fund" to pay the interest and principal on the national debt, and advocated using Treasury surplus revenue from customs and internal revenue collection to supply it. Such a fund was used effectively to reduce the deficit from 1789 to 1835, but Bibb was unable to revive it. He was an active Freemason and in 1804 was grand master of Kentucky. 1 ľ x 3 ľ clipped signature, no place or date

Condition: Very good, scattered spots
Type:Signature






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