TREASURY DEPARTMENT

a branch of the government that controls the national finances. The United States Treasury Department was established by Act of Congre in September 1789. The Secretary of the Treasury is appointed by the president with consent of Congre . Salary $12,000. Asa member of the cabinet he is second in line of succe ion to the presidency. His duties are to make plans for revenues, and to collect them, to grant warrants for moneys according to the law, and he is chairman ex officio of the Federal Reserve Board. He has supervision of the National debt of National banks, the internal revenue system, of legal tender currency, the merchant marine, the lighthouse and life saving service, public health service, and coast survey. There are three a istant secretaries of the treasury. The work of the department is divided among bureaus and officers of the Comptroller of the Treasury, 6 auditors, the treasurer, Register, Controller of the Currency, Controller of Internal Revenues, the Mint, Bureau of printing and engraving, and Public Health Service. The solicitor of the Treasury has charge of all legal measures, to prevent revenue frauds, counterfeiting, etc.