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A believer in sound money, Gresham told New York businessmen that the only way to keep government currency afloat as legal tender was for the Government to keep enough gold in the Treasury to meet the demand of notes presented. Gresham resigned after two months to become Circuit Judge of the Seventh Judicial District. About the ArtistBorn in Manitowoc, Wisconsin in 1861, Charles Harold L. MacDonald (1861 – 1923) traveled as a young man to Paris to study painting with Gustave Boulanger and Jules Lefebvre. He moved to Washington, D.C. in 1890 and began a portrait business, filling many commissions for the Federal Government. In addition to painting Walter Gresham, MacDonald painted the Treasury Collection portraits of Secretaries Dexter, Windham, Gage, and Cortelyou. His portrait of Gresham, painted in 1893, is thought to be painted from life. Office of the Curator
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