THE TREASURY: A Time for Talent

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One day in 1836, near the end of his second term, old President Andrew Jackson walked across the street from the White House, struck the earth with his walking stick and said: "Right here is where I want the cornerstone." Then & there it was laid, and around it was built the columned granite pile of the U.S. Treasury Department.

Old Hickory had good reason to want the Treasury under his eagle eye. Ever since Alexander Hamilton became the first Secretary of the Treasury in 1789 (and regarded himself as second only...

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