Government
The Treasury of a country is the department responsible for the country's economy, finance and revenue. The Treasurer is generally the head of the Treasury, although, in some countries (such as the U.K. or the U.S.) the treasurer reports to a Secretary of the Treasury, or Chancellor of the Exchequer. In Australia, the Treasurer is a senior Minister and usually the second most important member of the Government after the Prime Minister. From 1867 to 1993, the Ministry of Finance (Ontario) was called the Treasurer of Ontario.
Originally the word referred to the person in charge of the treasure of a noble; however, it has now moved into wider use. In the UK during the 17th Century, a position of Lord High Treasurer was used on several occasions as the third great officer of the Crown. Now the title First Lord of the Treasury is the official title of the British Prime Minister.
Read more about this topic: Treasurer
Famous quotes containing the word government:
“If government knew how, I should like to see it check, not multiply, the population. When it reaches its true law of action, every man that is born will be hailed as essential.”
—Ralph Waldo Emerson (1803–1882)
“Nothing is so galling to a people not broken in from the birth as a paternal, or in other words a meddling government, a government which tells them what to read and say and eat and drink and wear.”
—Thomas Babington Macaulay (1800–1859)
“Hence, the less government we have, the better,—the fewer laws, and the less confided power. The antidote to this abuse of formal Government, is, the influence of private character, the growth of the Individual; the appearance of the principal to supersede the proxy; the appearance of the wise man, of whom the existing government, is, it must be owned, but a shabby imitation.”
—Ralph Waldo Emerson (1803–1882)