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1918 Press Photo US Department of Treasury Flag - RRX71645

$12.33
AdID: 794001

Availability: In stock

Part Number: RRX71645

Height: 9

Width: 10

Source: Rogers

Details

Photo measures 9 x 10. Five thousand employees of the treasury department cheered lustily when the new horor flag of the Third Liberty Loan was unfurled to the breeze from the flagpole of the treasury building in Washington, D.C. The flag was made by Mrs. William G. McAdoo, wife of the secretary of the treasury, with the aid of the waves of other cabinet officers. A copy of the flag will be presented to every city and town oversubscribing its quota in the coming campaign.

The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue. The Department is administered by the Secretary of the Treasury, who is a member of the Cabinet.
The first Secretary of the Treasury was Alexander Hamilton, who was sworn into office on September 11, 1789. Hamilton was asked by President George Washington to serve after first having asked Robert Morris (who declined, recommending Hamilton instead). Hamilton almost single-handedly worked out the nation's early financial system, and for several years was a major presence in Washington's administration as well. His portrait is on the obverse of the U.S. ten-dollar bill and the Treasury Department building is shown on the reverse.
Besides the Secretary, one of the best-known Treasury officials is the Treasurer of the United States, who receives and keeps the money of the U.S. Facsimile signatures of the Secretary and the Treasurer appear on all modern paper U.S. currency.
The Treasury prints and mints all paper currency and coins in circulation through the Bureau of Engraving and Printing and the United States Mint. The Department also collects all federal taxes through the Internal Revenue Service, and manages U.S. government debt instruments, with the major exception of the Federal Reserve System.

Source: Wikipedia