A manual on the origin and development of WashingtonCaemmerer, H. Paul (Hans Paul)
History
A manual on the origin and development of Washington
Caemmerer, H. Paul (Hans Paul)
Washington (D.C.) -- Description and travel; Washington (D.C.) -- History
The Department of the Treasury is the central agency through which the
Federal Government conducts its financial affairs. Generally speaking,
it receives and has custody of all funds paid to the Government and
disburses all moneys of the Government. At the head of the department
are the Secretary of the Treasury, the Under Secretary of the Treasury,
and three Assistant Secretaries of the Treasury, whose offices are all
located in the main building.
The receipts of the Government come chiefly from internal-revenue
collections and customs duties. The Bureau of Internal Revenue
administers and enforces the internal-revenue laws and collects all
internal-revenue taxes. The personnel of this bureau has been brought
together and now occupies a beautiful new building recently completed
as part of the development along the Mall. Import duties or customs are
collected by the Bureau of Customs.
Disbursements of Government funds can be made only on the authorization
of Congress. When any payment is authorized, a warrant signed by the
Secretary of the Treasury and countersigned by the Comptroller General
of the United States is drawn. Upon this authority payment is made. The
division of bookkeeping and warrants, under the general supervision of
the commissioner of accounts and deposits, keeps complete records of
all appropriation accounts as well as of public moneys covered into the
Treasury and of warrants authorizing disbursements.
The Treasurer of the United States is charged with responsibility for
the actual receipt and disbursement of all public moneys that may be
deposited in the United States Treasury and in all other depositaries
authorized to receive deposits of Government funds for credit in the
account of the Treasurer of the United States. He has also many other
fiscal duties.
The public-debt service handles the records and operations pertaining
to the issue and retirement of the public debt and the interest
payments thereon, under the supervision of the commissioner of the
public debt.
The Bureau of the Mint manufactures the coin circulating medium of the
country. It maintains mints at Philadelphia, San Francisco, and Denver
for the coinage of money, as well as assay offices in New York and
elsewhere. The Bureau of Engraving and Printing at Washington engraves
and prints notes, bonds, securities, stamps, checks, etc.
The Comptroller of the Currency is charged under the law with the
supervision of national banks.
[Illustration: VIEW NORTHWEST FROM THE WASHINGTON MONUMENT]
OTHER IMPORTANT BUILDINGS
Lack of space in this book makes it necessary merely to mention the
more important of the other monumental buildings in the National
Capital. Detailed information concerning them may be found in the
author’s Washington the National Capital and in other books on
Washington. They should be studied in connection with the buildings
described in this chapter.
Public-domain text, read in full here on John Shaqi.
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