This article is about the American statesman. For the American poet, see Hugh McCulloch (poet). For other meanings, see Hugh McCulloch (disambiguation).
Hugh McCulloch
27th and 36th United States Secretary of the Treasury
In office October 31, 1884 – March 7, 1885
President
Chester A. Arthur
Preceded by
Walter Q. Gresham
Succeeded by
Daniel Manning
In office March 9, 1865 – March 3, 1869
President
Abraham Lincoln Andrew Johnson
Preceded by
William P. Fessenden
Succeeded by
George S. Boutwell
Comptroller of the Currency
In office February 25, 1863 – March 9, 1865
President
Abraham Lincoln
Preceded by
Position established
Succeeded by
Freeman Clarke
Personal details
Born
(1808-12-07)December 7, 1808 Kennebunk, Maine, U.S.
Died
May 24, 1895(1895-05-24) (aged 86) Prince George's County, Maryland, U.S.
Political party
Republican
Residence
Hugh McCulloch House
Education
Bowdoin College
Signature
Hugh McCulloch (December 7, 1808 – May 24, 1895) 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 from 1857 to 1863 persuaded the Treasury to bring him in to supervise the new system as Comptroller of the Currency 1863–1865. As Secretary of the Treasury 1865–1869 he reduced and funded the gigantic Civil War debt of the union, and reestablished the federal taxation system across the former Confederate States of America. He tried but failed to make a rapid return to the gold standard.
He was the last surviving member of the Lincoln Cabinet.
HughMcCulloch (December 7, 1808 – May 24, 1895) was an American financier who played a central role in financing the American Civil War. He served two...
McCulloch is a Scottish surname, commonly found in Galloway, and usually associated with Clan MacCulloch. It may be etymologically related to the Irish...
HughMcCulloch House is a historic home located at Fort Wayne, Indiana. It was built in 1843, and is a two-story, three bay by four bay, Greek Revival...
David HughMcCulloch (April 23, 1890 – September 20, 1955) was an early American aviator who worked with Glenn Curtiss from 1912. Curtiss was a contemporary...
McCulloch or HughMcCulloch has been the name of more than one ship of the United States Revenue-Marine, United States Revenue Cutter Service, or United...
family are well documented in Walter Jameson McCulloch's History of the Galloway Families of McCulloch, which provides extensive footnotes for original...
park is named after former United States Secretary of the Treasury, HughMcCulloch, who gave the land to the city for a park in 1886. The park is the burial...
USS McCulloch, previously USRC McCulloch and USCGC McCulloch, was a ship that served as a United States Revenue Cutter Service cutter from 1897 to 1915...
Lincoln 26 William P. Fessenden Maine July 5, 1864 March 3, 1865 27 HughMcCulloch Indiana March 9, 1865 March 3, 1869 Andrew Johnson 28 George S. Boutwell...
of Secretary of the Navy Gideon Welles and Secretary of the Treasury HughMcCulloch. He had less esteem for Postmaster General William Dennison Jr., Attorney...
existence. The Turnverein Vorwaerts of Fort Wayne, Indiana, owned the HughMcCulloch House from 1906 until 1966.: 2 It was listed on the National Register...
currency. Chief William P. Wood was sworn in by Secretary of the Treasury HughMcCulloch. It was commissioned in Washington, D.C. as the "Secret Service Division"...
McCULLOCH: HughMcCulloch served as the U.S. Treasury Secretary during Abraham Lincoln's brief second term and all of Andrew Johnson presidency. McCulloch's...
appointed Major General George B. McClellan general-in-chief. McClellan then took months to plan his Virginia Peninsula Campaign. McClellan's slow progress frustrated...
(1988), p. 376. Foner (1988), pp. 415–416. Schell, Herbert S. (1930). "HughMcCulloch and the Treasury Department, 1865–1869". Mississippi Valley Historical...
reduction of inflation was a priority for Secretary of the Treasury HughMcCulloch. A high priority, and by far the most controversial, was the currency...
Global Information
