William J. Duane

William John Duane ( born May 9, 1780 in Clonmel, Ireland, † September 27, 1865 ) was an American politician and Minister of Finance.

Family, study and career

Duane emigrated with his father in 1796 from Ireland to the USA and helped this then until 1806 in the publication that appeared in Philadelphia newspaper Aurora. In the meantime, he studied law and was soon after admission to the lawyer in 1815, an influential lawyer in Philadelphia.

Political career

He began his political career with the election of the members of the General Assembly of Pennsylvania, which he repeatedly belonged in the coming years. Throughout his political career, he became one of the most powerful politicians of the state of that time.

On May 29, 1833 he was appointed the President of the United States Andrew Jackson as finance minister in his cabinet.

Like its predecessor, Louis McLane, who was foreign minister, refused it the dissolution of the government deposits with the Bank of the United States and the subsequent shift in accounts with banks in the States off because he was afraid that the short-term lifting of government credit to a panic in would lead farmers and ordinary citizens. He was also of the view that he could not resolve the credit anyway without the express consent of Congress. Jackson secured in this situation his opinion by a legal opinion from the Minister of Justice Roger B. Taney.

Duane, who remained in his opinion, was then released on September 22, 1833 by Jackson who referred to the Finance Minister on the following day Taney. After his resignation from the Cabinet, he moved largely withdrew from the political life.

Publications

In addition to his political activities, he wrote books such jurisprudential

  • The Law of Nations Investigated. Philadelphia, in 1809 and
  • Letters on Internal Improvements. 1811.

In 1838 he then wrote the book Narrative and Correspondence Concerning the Removal of the Deposits, and occurences There With Connected, in which he defended his stance against the dissolution of the Bank of the United States in 1833.

Web links, and background literature

  • Biography and portrait on the website of the U.S. Treasury
  • Biographies of the members of the cabinet of President Jackson
  • Biography in Famous Americans with references to his father and his son

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  • Finance (United States)
  • Americans
  • Born in 1780
  • Died in 1865
  • Man
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