Background
Hugh McCulloch was born on December 7, 1808, in Kennebunk, Maine, United States.
(Excerpt from Our National and Financial Future: Address o...)
Excerpt from Our National and Financial Future: Address of Hon. Hugh McCulloch Secretary of the Treasury, at Fort Wayne, Indiana, October 11, 1865 But Fort Wayne has other attractions to me. The friends of my early manhood are here. It is true that thirty years have spared but few of those who took me by the hand and bade me welcome to the new country; but a number remain, and some are present on this occasion. I do not know how it may be with others, but for myself I can truly say that, as one after another of that pioneer band passes away, my attachment to those that remain grows stronger and stronger; and I am inclined to the Opinion that the attachments and friendships which are formed on the frontier, where those who are seeking new homes at a distance from their old ones, are thrown together in a common society in which all are equals, and where the the circumstances in which they are placed, and the very cravings of their natures Open their hearts to each other with confidence and trust, are stronger and deeper rooted than those which are formed in older and more populous communities. But whatever may be the cause, the fact exists, that Fort Wayne is dearer to me than any other place in the world, and that there are no friends to whom I am so deeply attached as to those whose familiar faces seem cordially to greet me when I return to it. Mr. President, since I paid my last visit to Fort Wayne, a little less than a year ago, great events have transpired in the United States. The rebellion, although it had received many staggering blows from our gallant soldiers, under the distinguished generals whose fame is world-wide, was then still audacious and defiant; and. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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(Confederate Captain Robert McCulloch was wounded at Getty...)
Confederate Captain Robert McCulloch was wounded at Gettysburg on July 3, 1863. He returned fifty years later. He describes in his own words the reunion of Federal and Confederate forces in July 1913. He answers the questions: Why he fought. What was it like at the the most northern push of the confederacy, the "high water mark" of the Civil War. He tells of being being wounded, captured and imprisoned. Then returning 50 years later and embracing those he fought against. Nonfiction, originally published in 1915 by The Missouri Historical Society. This scanned pdf is a true copy, handed down by generations. Contents: o Cover Sheet o Photo of Captain Robert McCulloch o Opening from the Missouri Historical Society, 1915 o Memorial by Rev. Dr. C. C. Woods, Nov 20, 1914 o The High Tide at Gettysburg: Capt. Rob't McCulloch's own words narrating the fighting at Gettysburg, being wounded during Pickett's Charge, and then returning exactly 50 years later to meet with those soldiers he was once fighting against. This 2013 copy brought to you for the 150 Anniversary of Gettysburg by Bruce McCulloch Jones, one of Capt. Rob't McCulloch's Great, Great Grandchildren. (c) 2013 Bruce McCulloch Jones, Editor, Publisher Contact: bruce.mcc.jones@gmail.com
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banker Financier government official lobbyist
Hugh McCulloch was born on December 7, 1808, in Kennebunk, Maine, United States.
He attended Bowdoin College, leaving in his sophomore year to study law in Boston.
A year after his admission to the bar in 1832 he moved to Fort Wayne, Ind. , where he practiced law for 2 years. In 1835 he became cashier and manager of the Fort Wayne branch of the State Bank of Indiana. Though he had no banking experience, McCulloch learned fast and was soon one of the soundest bankers in the country. His bank was one of the few that did not suspend specie payments in the Panic of 1857.
In 1862 McCulloch went to Washington, D. C. , as a lobbyist for state banks against the proposed legislation creating a national banking system. Despite his efforts the law was passed in 1863.
t was intended to help finance the Civil War and provide a uniform, stable national currency. Secretary of the Treasury Salmon P. Chase, impressed by McCulloch's abilities, asked him to help put the new system into effect as comptroller of the currency.
Deciding that the new system was better than the old, McCulloch accepted the job. He persuaded existing state banks to apply for Federal charters, and more than any other single person he was responsible for the successful inauguration of the national banking network. In March 1865 President Abraham Lincoln appointed McCulloch secretary of the Treasury. After the Civil War, McCulloch urged that greenbacks issued as emergency currency during the conflict, with no specie backing, be gradually retired in order to reduce war-inflated prices and end speculation in gold.
From 1866 to 1868 some $82 million of the greenbacks was gradually retired. In 1868, however, Congress heeded anticontractionist pressures and suspended retirement. In 1869 McCulloch returned to banking. He served again briefly (1884 - 1885) as secretary of the Treasury under President Chester A. Arthur. In 1888 his autobiography, Men and Measures of Half a Century, appeared.
(Confederate Captain Robert McCulloch was wounded at Getty...)
(Excerpt from Our National and Financial Future: Address o...)