Department or the Treasury Quotes



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Quote Author Cited
He smote the rock of the national resources, and abundant streams of revenue gushed forth. He touched the dead corpse of Public Credit, and it sprung upon its feet. Daniel Webster
Exchequer of the Jews Anonymous
Watchdog of the Treasury Anonymous
I would rather see the objects of the war fail,—I would rather see the seamen of the country …. and our commerce swept away …, than see the long arm of the Treasury indirectly thrust into the pocket of the citizen through the penal law. Langdon Cheves
The government was unable to avert or to control the course of events. Alexander James Dallas
The Treasury was suffering under every kind of embarrassment. The demands upon it were great in amount, while the means for satisfying them were comparatively small, precarious in collection and difficult in their application. Alexander James Dallas
Contracts, however expressed, cannot fetter the constitutional authority of the Congress. Contracts may create rights of property, but when contracts deal with a subject matter which lies within the control of the Congress they have a congenital infirmity. Parties cannot remove their transactions from the reach of dominant constitutional power by making contracts about them. Charles Evans Hughes
It is designed to place the entire interstate traffic in the habit forming drugs under the administration of the Treasury Department. It is the opinion of the American Opium Commission that it would bring this whole traffic and the use of these drugs into the light of day and thereby create a public opinion against the use of them that would be more important, perhaps, than the Act itself. Hamilton Wright
Money is, with propriety, considered as the vital principle of the body politic; as that which sustains its life and motion, and enables it to perform its most essential functions. A complete power, therefore, to procure a regular and adequate supply of it, as far as the resources of the community will permit, may be regarded as an indispensable ingredient in every constitution. Alexander Hamilton
We go on in Congress as when you left us …. Resolves have been passed upon Resolves--and letter after letter has been sent to the deficient States, and all without the desired effect. We are without money or the prospect of it in the Federal Treasury; and the States, many of them, care so little about the Union, that they take no measures to keep a representation in Congress. Rufus King
While a Treasury surplus is not the greatest evil, it is a serious evil. Benjamin Harrison
Morris Notes Anonymous
Not only have government bills been dishonored and the interest on the public debt remains unpaid, but … so completely empty is the Treasury and destitute of credit, that funds cannot be obtained to defray the ordinary expenses of the different departments. Alexander C. Hanson
Treasury Courtesans Anonymous
A woman can use scissors better than a man, and she will do it cheaper. Francis Elias Spinner
Why did we do the bailouts? It was all about the bondholders. They [the Treasury Department officials] did not want to impose losses on bondholders and we did. We kept saying, “There is no insurance premium on bondholders”… For the little guy on Main Street who has bank deposits, we charge the banks a premium for that, and it gets passed on to the customers. We don’t have the same thing for bondholders. They’re supposed to take losses. Sheila Bair
My second tea this afternoon was for the women in executive positions in the Departments of State, Treasury and War, and certain Commissions. Many of these women do really important work and are all indispensable parts of their offices. …. They are valuable public servants and it is most interesting to me and to the Cabinet women to have an opportunity to see them and talk to them about their work. Eleanor Roosevelt
A Bank in Human Form. New York Times

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