William Crawford 1823 Letter Signed as Secretary of the Treasury - Paying Down The Nation's Debt
Secretary of War and Secretary of the Treasury, Presidential candidate in 1824.
Letter signed “Wm H. Crawford” as James Monroe’s Treasury Secretary, Washington, June 27, 1823, to “The President of the office of Dist. * actg Commissioner of Loans, Boston”, informing him that the Treasurer has been directed to remit funds to be applied towards discharging interest on the domestic funded debt, in full:
The Treasurer has been directed to remit two hundred eighty three thousand six hundred twenty four dollars & sixty three cents in a draft on your institution, to be applied toward discharging the interest on the domestic funded debt, which will become payable at your office on the first of the ensuing month.
Age toned, else fine.
The money discussed in the letter would be worth approximately $8.5 million today. A signficant letter from Crawford in his role as the Treasury Secretary.
President Madison appointed Crawford as Secretary of the Treasury as the Second Bank of the United States was established, and he continued under President James Monroe. Crawford took over a Department still in fiscal confusion resulting from the poorly financed War of 1812.
With the goal of organizing the Nation's bookkeeping, he initiated the Reform Bill of 1817, which charged the Treasury Department with the responsibility for settling the financial accounts of all the Federal Departments. The structure of the Treasury Department was subsequently altered to accommodate its increased duties. During his Secretary tenure, Crawford also oversaw extensive improvements to the Nation's infrastructure, including the initiation of coastal fortifications and the construction of the great westward leading Cumberland Road. In 1825 Crawford refused President John Quincy Adams' offer to continue as Secretary, citing important differences in their views, and resigned at the end of Monroe's term.
Secretary of War and Secretary of the Treasury, Presidential candidate in 1824.
Letter signed “Wm H. Crawford” as James Monroe’s Treasury Secretary, Washington, June 27, 1823, to “The President of the office of Dist. * actg Commissioner of Loans, Boston”, informing him that the Treasurer has been directed to remit funds to be applied towards discharging interest on the domestic funded debt, in full:
The Treasurer has been directed to remit two hundred eighty three thousand six hundred twenty four dollars & sixty three cents in a draft on your institution, to be applied toward discharging the interest on the domestic funded debt, which will become payable at your office on the first of the ensuing month.
Age toned, else fine.
The money discussed in the letter would be worth approximately $8.5 million today. A signficant letter from Crawford in his role as the Treasury Secretary.
President Madison appointed Crawford as Secretary of the Treasury as the Second Bank of the United States was established, and he continued under President James Monroe. Crawford took over a Department still in fiscal confusion resulting from the poorly financed War of 1812.
With the goal of organizing the Nation's bookkeeping, he initiated the Reform Bill of 1817, which charged the Treasury Department with the responsibility for settling the financial accounts of all the Federal Departments. The structure of the Treasury Department was subsequently altered to accommodate its increased duties. During his Secretary tenure, Crawford also oversaw extensive improvements to the Nation's infrastructure, including the initiation of coastal fortifications and the construction of the great westward leading Cumberland Road. In 1825 Crawford refused President John Quincy Adams' offer to continue as Secretary, citing important differences in their views, and resigned at the end of Monroe's term.
Secretary of War and Secretary of the Treasury, Presidential candidate in 1824.
Letter signed “Wm H. Crawford” as James Monroe’s Treasury Secretary, Washington, June 27, 1823, to “The President of the office of Dist. * actg Commissioner of Loans, Boston”, informing him that the Treasurer has been directed to remit funds to be applied towards discharging interest on the domestic funded debt, in full:
The Treasurer has been directed to remit two hundred eighty three thousand six hundred twenty four dollars & sixty three cents in a draft on your institution, to be applied toward discharging the interest on the domestic funded debt, which will become payable at your office on the first of the ensuing month.
Age toned, else fine.
The money discussed in the letter would be worth approximately $8.5 million today. A signficant letter from Crawford in his role as the Treasury Secretary.
President Madison appointed Crawford as Secretary of the Treasury as the Second Bank of the United States was established, and he continued under President James Monroe. Crawford took over a Department still in fiscal confusion resulting from the poorly financed War of 1812.
With the goal of organizing the Nation's bookkeeping, he initiated the Reform Bill of 1817, which charged the Treasury Department with the responsibility for settling the financial accounts of all the Federal Departments. The structure of the Treasury Department was subsequently altered to accommodate its increased duties. During his Secretary tenure, Crawford also oversaw extensive improvements to the Nation's infrastructure, including the initiation of coastal fortifications and the construction of the great westward leading Cumberland Road. In 1825 Crawford refused President John Quincy Adams' offer to continue as Secretary, citing important differences in their views, and resigned at the end of Monroe's term.