Hugh McCulloch
Hugh McCulloch
Hugh McCulloch, a New England Yankee, was an American financier who played a central role in financing the American Civil War. He served two non-consecutive terms as U.S. Treasury Secretary under three presidents. He was originally opposed to the creation of a system of national banks, but his reputation as head of the Bank of Indiana 1857 to 1863 persuaded the Treasury to bring him in to supervise the new system as Comptroller of the Currency 1863–65. As Secretary of the Treasury 1865–69 he reduced and funded the gigantic Civil War debt of the union, and reestablish the federal taxation system across the former Confederacy. He tried but failed to make a rapid return to the gold standard.
From *.wikipedia.org,
General Info
.
Male
Date of Birth
December 7th, 1808
Age
215
Birth Place
United States of America, Maine
Date of Death
May 24th, 1895
Died Aged
86
Star Sign
Sagittarius
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