\tɹˈɛʒəɹi dɪpˈɑːtmənt], \tɹˈɛʒəɹi dɪpˈɑːtmənt], \t_ɹ_ˈɛ_ʒ_ə_ɹ_i d_ɪ_p_ˈɑː_t_m_ə_n_t]\
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By Princeton University
By DataStellar Co., Ltd
Under the Continental Congress financial matters were at first managed by a committee. The Treasury Office of Accounts was created in 1776. In 1778 the department was given an organization much like that of the present time. In 1781 the office of Superintendent of Finance was created, and the department put under a single head. In 1785 the Board was restored. The First Congress, by Act of September 2, 1789, established the present Treasury Department.
By John Franklin Jameson
Word of the day
- someone who saves something from danger or violence One who recovers. The demandant in a common recovery, after judgment has been given his favor.