the public credit and to superintend the collection of the
revenue. He gives orders for all moneys drawn from the Treasury in
accordance with appropriations made by Congress, and submits an annual
report to Congress which contains an estimate of the probable receipts
and expenditures of the government.
The Auditors.--It is very important that the accounts of the
government should be carefully scrutinized, and one of the six
auditors connected with the Treasury Department must pass upon the
accounts of every public officer who pays out money. Thus, the
Auditor for the Treasury Department examines all accounts of
salaries and incidental expenses of the office of the Secretary of
the Treasury and all other offices under his immediate direction,
such as the Treasurer and Directors of the Mints.
The Treasurer.--All the money of the United States is under
the care of the Treasurer. He receives and pays it out upon the
warrant of the Secretary of the Treasury or a designated assistant,
redeems the notes of the National banks, and manages the
Independent Treasury System. This system renders the Treasury
Department practically independent of the banks of the country. It
includes the Treasury at Washington and sub-treasuries, each in
charge of an assistant treasurer at Boston, New York, Philadelphia,
Baltimore, Cincinnati, Chicago, St. Louis, New Orleans, and San
Francisco. While the greater part of the money belonging to the
government is found in these places, about two hundred National
banks have also been designated as public depositories.
The Chief of the Bureau of Engraving and Printing.--The
Bureau[51] of Engraving and Printing is one of the largest in the
department and employs about 1600 people. It has been said that the
products of this bureau, in the course of a single year, represent
a sum equal in value to all the money in circulation in the United
States; for here the engraving of the plates and the printing of
all the United States circulating notes, bonds, revenue stamps, and
postage stamps are done.
[Footnote 51: The work of each department is usually distributed among
the bureaus. Bureaus are again divided into divisions. At the head of
each bureau is a commissioner, and of each division a chief.]
Other Officers of the Treasury Department.--Among the other
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