Independent Treasury System

URI: https://gptkb.org/entity/Independent_Treasury_System
GPTKB entity
Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:abolished gptkb:Federal_Reserve_System
1921
gptkbp:administeredBy gptkb:U.S._Department_of_the_Treasury
gptkbp:alsoKnownAs gptkb:Subtreasury_System
gptkbp:country gptkb:United_States
gptkbp:established 1846
gptkbp:establishedBy gptkb:James_K._Polk
gptkbp:feature government funds held in Treasury and subtreasuries
gptkbp:function collecting and disbursing government funds
issuing government payments
storing government revenues
gptkbp:headquarters gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label Independent Treasury System
gptkbp:influencedBy Jacksonian economic policy
gptkbp:precededBy gptkb:Deposit_Act_of_1836
gptkbp:purpose separate government finances from private banks
gptkbp:relatedEvent gptkb:Panic_of_1837
gptkbp:relatedLegislation gptkb:Independent_Treasury_Act_of_1846
gptkbp:replacedBy gptkb:Second_Bank_of_the_United_States
gptkbp:successor gptkb:Federal_Reserve_Act_of_1913
gptkbp:bfsParent gptkb:Sub-Treasury
gptkbp:bfsLayer 6