Thus, as a teacher of wisdom, after twenty years of example, Governor Seward passed out of one's life, and Adams lost what should have been his firmest ally; but in truth the State Department had ceased to be the centre of his interest, and the Treasury had taken its place. The Secretary of the Treasury was a man new to politics,—Hugh McCulloch,—not a person of much importance in the eyes of practical politicians such as young members of the press meant themselves to become, but they all liked Mr. McCulloch though they thought him a stop-gap rather than a force. Had they known what sort of forces the Treasury was to offer them for support in the generation to come, they might have reflected a long while on their estimate of McCulloch. Adams was fated to watch the Sittings of many more Secretaries than he ever cared to know, and he rather came back in the end to the idea that McCulloch was the best of them, although he seemed to represent everything that one liked least. He was no politician, he had no party, and no power. He was not fashionable or decorative. He was a banker, and towards bankers Adams felt the narrow prejudice which the serf feels to his overseer; for he knew he must obey, and he knew that the helpless showed only their helplessness when they tempered obedience by mockery. The world, after 1865 became a bankers' world, and no banker would ever trust one who had deserted State Street, and had gone to Washington with purposes of doubtful credit, or of no credit at all, for he could not have put up enough collateral to borrow five thousand dollars of any bank in America. The banker never would trust him, and he would never trust the banker. To him, the banking mind was obnoxious; and this antipathy caused him the more surprise at finding McCulloch the broadest, most liberal, most genial and most practical public man in Washington.
There could be no doubt of it. The burden of the Treasury at that time was very great. The whole financial system was in chaos; every part of it required reform; the utmost experience, tact and skill could not make the machine work smoothly. No one knew how well McCulloch did it until his successor took it in charge, and tried to correct his methods. Adams did not know enough to appreciate McCulloch's technical skill, but he was struck at his open and generous
