Secretary of The Treasury
In 1833, President Andrew Jackson appointed Duane Secretary of the Treasury. Like his predecessor, Louis McLane, who was moved to the Department of State, Duane refused to remove government deposits from the Bank of the United States and transfer them to state banks. This caused clashes with Jackson and Duane was soon replaced by Roger B. Taney. He defended his own position in his book Narrative and Correspondence Concerning the Removal of the Deposites, and Occurrences Connected Therewith, published in 1838.
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Famous quotes containing the words secretary of, secretary and/or treasury:
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
—William Howard Taft (1857–1930)
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
—William Howard Taft (1857–1930)
“The treasury of everlasting joy.”
—William Shakespeare (1564–1616)