Contingency Fund for Foreign Intercourse
Early U.S. "black budget" / From Wikipedia, the free encyclopedia
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The Contingency Fund for Foreign Intercourse (sometimes referred to as the Contingent Fund for Foreign Intercourse) was a United States government "black budget" program established in 1790 to fund covert operations primarily directed against Europe.[1][2] Three years later, it consumed 12% of the government's budget to help pay the ransoms of American hostages held by Barbary pirates. In 1846, it came under the scrutiny of Congress, but the government refused to provide details of the operation of the fund.