Later Life
He then settled in New York City, where he helped found New York University in 1831, in order to offer university education to the working and merchant classes as well as the wealthy. He became president of the National Bank (which was later renamed Gallatin Bank). In 1849, Gallatin died in Astoria in what is now the Borough of Queens, New York; he is interred at Trinity Churchyard in New York City. Prior to his death, Gallatin had been the last surviving member of the Jefferson Cabinet and the last surviving Senator from the 18th century.
Read more about this topic: Albert Gallatin
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