Independent Treasury

The Independent Treasury was a system for the retaining of government funds in the United States Treasury and its subtreasuries, independently of the national banking and financial systems. In one form or another, it existed from 1846 to 1921.

Read more about Independent Treasury:  Creation of The System, Problems and Its Demise

Famous quotes containing the words independent and/or treasury:

    ‘Ouch’ is not independent of social training. One has only to prick a foreigner to appreciate that it is an English word.
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