Ten Years in Washington: or, Inside Life and Scenes in Our National Capital as a Woman Sees Them ... to Which Is Added a Full Account of the Life and Death of President James A. GarfieldClemmer, Mary
History
Ten Years in Washington: or, Inside Life and Scenes in Our National Capital as a Woman Sees Them ... to Which Is Added a Full Account of the Life and Death of President James A. Garfield
Clemmer, Mary
Washington (D.C.) -- Description and travel; Washington (D.C.) -- History
When the need of a great man is absolute, Providence usually has one
ready for the emergency. He appeared at this crisis, in the person of
Alexander J. Dallas, of Pennsylvania. On entering upon his office, as
head of the Treasury, he replied to the request of Congress, that he
should suggest ways for the restoration of the public credit, in one of
the most powerful documents extant in the archives of the Treasury. Mr.
Dallas so inspired the faith of the capitalists of the country, that the
national credit was at once restored. “The Treasury notes, issued on the
universal opinion that they would be a drug in the market, rose to a
premium.”
Mr. Monroe made W. H. Crawford, of Georgia, Secretary of the Treasury.
Under him, the routine of the Department was improved by the appointment
of a second Comptroller and four additional Auditors. Charges of
malfeasance were brought against him toward the close of his term of
office. They were examined by a committee consisting of John Randolph,
Edward Livingston, and Daniel Webster, who pronounced the charges false.
President John Quincy Adams recalled Richard Rush, of Pennsylvania, then
Minister to England, and made him Secretary of the Treasury.
Under Andrew Jackson’s Presidency, the conservative management of the
Treasury Department changed into “the anti-bank period.” His
administration was marked by five different Secretaries, and a
prevailing state of excitement. The first Secretary of the Treasury,
under Jackson, was Samuel D. Ingham, of Pennsylvania, whose trust ended
in a violent breaking up of the Cabinet. He was succeeded by William J.
Doane, of Pennsylvania, who refused to remove the national deposits from
the United States Bank, and was dethroned by Roger B. Taney, of
Maryland. The Senate refused to confirm his appointment, and Levi
Woodbury, of New Hampshire, was installed in the office, holding it to
the end of Jackson’s administration.
April 1, 1833, the Treasury Building was for the third time destroyed by
fire, and a large amount of valuable public documents destroyed.
Afterwards, the business of the Department was carried on in a row of
brick buildings opposite Willard’s Hotel. At this time the “Agent of the
Treasury,” was changed to Solicitor of the Treasury, and a sixth Auditor
was created. Jackson’s administration closed with an “apparent plethora
of money among the people, and the glorious consummation of paying off
the national debt.”
Public-domain text, read in full here on John Shaqi.
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