Continental Congress financial administration

E295391

The Continental Congress financial administration was the body responsible for managing and overseeing the finances, currency, and wartime expenditures of the American colonies during the Revolutionary era.

All labels observed (1)

Label Occurrences
Continental Congress financial administration canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Revolutionary War-era institution ⓘ
financial administration body ⓘ
institution of the Continental Congress ⓘ
appliesToJurisdiction Thirteen American colonies ⓘ
linked to: Thirteen Colonies

United States (during the American Revolution) ⓘ
country United States (pre-independence Thirteen Colonies) ⓘ
linked to: Thirteen Colonies
endTime 1789 ⓘ
facedProblem dependence on state requisitions for revenue ⓘ
difficulty securing stable credit ⓘ
inflation of Continental currency ⓘ
lack of power to levy taxes directly ⓘ
wartime supply and procurement challenges ⓘ
hadPart Board of Treasury ⓘ
Committee on the Treasury ⓘ
Loan Office system ⓘ
Office of Finance ⓘ
Treasury Office of Accounts ⓘ
linked to: Board of Treasury
influenced design of early U.S. federal financial institutions ⓘ
development of the U.S. Treasury system ⓘ
influencedBy wartime needs of the Continental Army ⓘ
legalBasis resolutions of the Continental Congress ⓘ
location New York City ⓘ
Philadelphia ⓘ
mainFunction arrange domestic loans ⓘ
arrange foreign loans ⓘ
manage issuance of Continental currency ⓘ
manage public finances of the Continental Congress ⓘ
oversee wartime expenditures ⓘ
supervise fiscal agents and commissioners ⓘ
notableOfficeholder James Milligan ⓘ
Michael Hillegas ⓘ
Robert Morris ⓘ
operatedBy Continental Congress ⓘ
partOf government of the Continental Congress ⓘ
relatedTo American Revolutionary War ⓘ
Articles of Confederation government ⓘ
Continental Congress ⓘ
Continental currency ⓘ
replacedBy United States Department of the Treasury ⓘ
significantEvent appointment of Robert Morris as Superintendent of Finance in 1781 ⓘ
creation of the Board of Treasury in 1776 ⓘ
establishment of the Bank of North America in 1781 ⓘ
startTime 1775 ⓘ
supervisedBy Board of Treasury ⓘ
Superintendent of Finance ⓘ
timePeriod American Revolutionary War ⓘ
usedCurrency Continental dollar ⓘ
bills of credit issued by the Continental Congress ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Michael Hillegas → memberOf → Continental Congress financial administration ⓘ