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Dallas Borough

25 Main Street
570-675-1389

DALLAS, Alexander James, statesman, born in the Island of Jamaica, 21 June 1759; died in Trenton, New Jersey, 14 January 1817. He was the son of a Scottish physician who immigrated to Jamaica about 1750. The son was educated in Edinburgh and at Westminster under James Elphinston, the friend of Dr. Johnson, whose acquaintance and that of Dr. Franklin he made while a student. He then studied law in London, returned to Jamaica in 1780, and, upon the remarriage of his mother and his exclusion from the inheritance of his father's estate, removed in April 1783, to Philadelphia. He took the oath of allegiance to the common-wealth of Pennsylvania in June 1783, was admitted to the bar in July 1785, and a few years later was admitted to practice in the United States courts, and became eminently successful as a lawyer in Philadelphia. He wrote for periodicals, and was for a time editor of the "Columbian Magazine." In January 1791, he was appointed secretary of the commonwealth of Pennsylvania, and in December 1793, his commission was renewed. While in this office he prepared an edition of the laws of Pennsylvania, with notes. He also compiled four volumes of "Reports of Cases ruled and adjudged by the Courts of the United States and of Pennsylvania, before and since the Revolution " (Philadelphia, 1790-1807).

He accompanied an armed force to Pittsburgh, in the capacity of  paymaster-general, in 1794. It e was again appointed secretary of state in December 1796, and held the office until Thomas Jefferson became president in 1801 and appointed him, as an ardent supporter of the Republican Party, U. S. district attorney for the eastern district of Pennsylvania, which office he held till 1814, when he was called into the cabinet as secretary of the treasury by President Madison. When he entered upon this office, 6 October 1814, the government was seriously embarrassed in its finances through the war with Great Britain, and the committee of ways and means in congress applied to Mr. Dallas for suggest, ions as to the best mode of raising money for the requirements of the government, and of sustaining the public credit. In a masterly report he showed that the money required could not be raised by taxation alone, but must be obtained in part by loans. He proposed for the purpose of raising a loan the establishment of a government bank. The house, in committee of the whole, reported in favor of the bank on 24 October 1814, and a bill was passed on 20 January 1815, but was vetoed by President Madison. Having been interrogated as to the probable effect of a large issue of treasury-notes, Secretary Dallas made a reply that had much influence in restoring public confidence and arousing the spirit of patriotism. On 3 April 1816, an act to incorporate a national bank was passed by congress and received the signature of the president. Mr. Dallas's administration of the treasury department was able and energetic. Treasury-notes, which were scarcely current when he assumed office, were sold at par, with interest added, a few months later. The bank had the effect of greatly improving the credit of the government.