The fourth Governor of New York, who also served as the sixth Vice President under James Monroe, Daniel D. Tompkins was an extremely wealthy man in the early years of his life.
But when he died in June 1825, he was nearly penniless due to the immense expenses he incurred during his time as Governor of New York. No, it was not about big houses, but about the funding of the state militia during the War of 1812 when the state legislature refused.
In fact, he spent so much funding the military that when he became vice president, he was nearly penniless and never recovered financially…
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