Continental Congress financial administration

E295391

Revolutionary War-era institution financial administration body institution of the Continental Congress

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.

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All labels observed (1)

Label	Occurrences
Continental Congress financial administration canonical	1

Statements (48)

Predicate	Object
instanceOf	Revolutionary War-era institution ⓘ financial administration body ⓘ institution of the Continental Congress ⓘ
appliesToJurisdiction	Thirteen Colonies ⓘ surface form: Thirteen American colonies United States (during Revolutionary War) ⓘ surface form: United States (during the American Revolution)
country	Thirteen Colonies ⓘ surface form: United States (pre-independence 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 ⓘ Board of Treasury ⓘ surface form: Treasury Office of Accounts
influenced	design of early U.S. federal financial institutions ⓘ development of the U.S. Treasury system ⓘ
influencedBy	wartime needs of the Continental Army ⓘ
legalBasis	Continental Congress resolutions ⓘ surface form: 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 ⓘ surface form: 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 ⓘ

Referenced by (1)

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

Michael Hillegas → memberOf → Continental Congress financial administration ⓘ