Benjamin H. Bristow (1832-1896) served as the first Solicitor General (1870-1872) and was appointed Secretary of the Treasury by President Grant in 1874. He promptly initiated a much needed internal reorganization of the Department, dismissing the Second-Comptroller for inefficiency, shaking up the detective force, and consolidating collection districts in the Customs and Internal Revenue services.
Bristow argued vigorously but unsuccessfully for the resumption of specie payments: "The history of irredeemable paper currency repeats itself whenever and wherever it is used. It increases prices, deludes the laborer with the idea that he is getting higher wages, and brings fictitious prosperity ... until it is discovered that trade and commerce have become fatally diseased." Bristow's greatest accomplishment was the breaking up in 1874 of the Whiskey Ring, a powerful group of moonshiners who evaded the internal revenue tax on whiskey. Bristow's investigation implicated many local and Treasury officials, including some close to Grant. The ring, fighting back, convinced Grant that Bristow was using his office to scheme for the Republican nomination. Fearing competition, Grant pressured Bristow to resign in 1876.
- Text Courtesy of the Office
of the Curator
Forgotten Founders Historic Documents and Coins of Freedom - By Stanley
L. Klos - Last Exhbit at the 2008 GOP Convention:
http://www.pinellasrepublican.org/
Forgotten Founders Historic Documents and Coins of Freedom - By Stanley
L. Klos
Uncommon Sense: President Obama and
US China Trade 1784-2009
The United Colonies 1st
government began in a Philadelphia Tavern
and the United States 1st federal government ended in a
NYC Tavern!
The Founders convened the government in 11 different capitol buildings and
experienced 15 years of challenges that
included war,
hyper-inflation, a failed
constitution, judicial corruption, armed citizen and U.S. Army rebellions.
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