William J. Duane - Secretary of The Treasury

Secretary of The Treasury

In 1833, President Andrew Jackson appointed Duane Secretary of the Treasury. Like his predecessor, Louis McLane, who was moved to the Department of State, Duane refused to remove government deposits from the Bank of the United States and transfer them to state banks. This caused clashes with Jackson and Duane was soon replaced by Roger B. Taney. He defended his own position in his book Narrative and Correspondence Concerning the Removal of the Deposites, and Occurrences Connected Therewith, published in 1838.

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