01/13/2022
Check out this great info from the Capitol Historical Society!
in , 1808, American public official Salmon Chase was born. In his nearly unprecedented career, Chase served in each branch of government as Chief Justice of the , as a U.S. Senator in , Governor of , and Treasury Secretary under Abraham during the .
Chase was a vehement abolitionist who as a young attorney defended runaway slaves—and those who helped them—in court. He retained this ethos in his political career as leader of the Liberty Party, which supported abolition; and when he helped establish the Free Soil Party, which opposed slavery's expansion.
Buoyed by his growing prominence, Chase ran to be the nominee for president in 1860. At the time, he was one of the most highly revered in the nation and had arguably done more for the abolitionist cause than any in his party. Nevertheless, it was the relatively unheralded Lincoln who won the nomination as a third ballot compromise at the GOP convention. According to contemporary newspapers, Chase was “much chagrined and much dissatisfied with the nomination of so obscure a man.”
Lincoln knew, however, the importance of assembling a cabinet talented enough to bolster the nation in the lead up to the Civil War. “It seems to me not only highly proper, but necessary, that Gov. Chase shall take [the Treasury],” Lincoln believed. “His ability, firmness, and purity of character, produce the propriety.”
He was right. As Treasury Secretary, Chase helped secure a $50 million loan and worked diligently with Congress to institute necessary taxes and establish a national bank. The latter enabled the to issue a single currency and utilize bonds that ultimately helped it fund the army, win the war, and save the Union.
Photo: Chase and Lincoln in a cropped version of the “First Reading of the Emancipation Proclamation by President Lincoln” located in the Capitol (property of the U.S. )