The Goodland republic., 1906-12-28
THE TREASURY PORTFOLTo.
COrteIyOu Not in class OF Great sEs1
That Have Held It
From Springfield Republican.

41Allt nave HEN AZ.
From Springfield Republican
The most important OF the executiTe
departments OF the United states gov
eminent is the treasury. It has be-
come increasingly so as the years have
gone on and the finances OF the EcE-
eminent have grown In magnitude and
IN 1nnuence over the general unauces
Of the country. The premier post IN
the cabinet is, to be sure, held 20 be
the SecretarShip OF state, and pres
dents have usually called TO that posi-
ton the man who stands highest o.
among the highest in the party lead
ership next to themselves. But
| all that no place IN the cabinet ole
ranks. in substantial power and ~
/ Ortance to the government and tae
nation, that Of secretary OF the tres
ury-the corresponding Office In the
| British cabinet almoest invariably be-
/ ing held by the premier OF the admin
/ istratiOn-
Accordingly presidents OF the Unit
| ed States have heretofore been won't
| to give first consideration to the treas
| ury, after the SecretaryShip OF state.
/ in making Up the cabinet; and for this
! place men Of prominence in pubic
| affairs, or who have been practical
| inanciers, have been commonly Sc
] lected- Here is a list OF those who
have held the secretaryship OF the
| treasury for over two years since the
/ beginning Of the government:
| Alexander Hamilton,
Oliver Wolcott,
Albert Gailatin,
/ William H. Crawford,
Richard Rush,
Levi Woodbury.,
/ Robert J. walker,
| James Guthrie,
/ Howell Cobb,
Salmon p. Chase,
Hugh McCullOch.
/ George 5. Boutwell,,
John Sherman,
William Window,
i Charles J. FOlger,
John G. Carlisle,
/ Lyman J. Gage,
Leslie N Shaw.
! Nearly every one Of these names
was we'll known either in public sta
L ton or in finance before apOpintment
as secretary Of the treasury
/ We need not speak Of the great
Hamilton. WOlcOtt Of Connections
served as comptroller Of public ac-
counts and comptroller OF the treas
| ury before being made secretary. Cal
/ latin, JenersOn's great hnancfers Eas
/ a business man Of large affairs be
| fore becoming prominent in congress.
| Crawford Of Georgia had been long S.
/ United States senator, minister 60
| France and so on. Rush. the leat wen
known Of any on the list, was prom
inent Pennsylvania lawyer and hac
Woodbury. Of New Hampshire was q
great lawyer, governor OF the state
Judge OF the supreme court and lfslr-
| ed States seT ktor before going q -7e
treasury Walker OF Mississippi haG
been q UniteS. States senator and given
much attention tC. fiscal anairs ana
finance in relation to the United states
Bank and the tariff. Guthrie OF KEN
lucky had been prominent as q lawyer
and politician. Cobb Of Georgia had
long been conspicuous as & sOutheEu
leader and a United States senator
Chase had been governor OF Ohio ant
slavery leader. United States senator
and prominent lawyer with large lesas
practice in connection with dnanct7f
institutions. McCullOch had been
president Of the State Bank OF Indi-
ana and comptroller OF the currency
and was pre-eminent as q practical
inancier. George S. Boutwell, and
John Sherman-Who fails to recall
their eminence in public affairs, es-
pecially as related to finance, before
being called to the treasury? VIM
dom had been a United States seuR-.
tor and lawyer Of large practice. Foi-l
ger was a lawyer and judge and had
been assistant treasurer Of the United
States. Carlisle had long been q parry
leader, a student Of fiscal questions In
congress, speaker OF the house, etc
Gage was called to the treasury from
one Of the largest banks in the coun-
try. Shaw had been a country banker.
governor Of Iowa and speaker Cn
money questions.