William Adams Richardson
American politician (1821–1896) / From Wikipedia, the free encyclopedia
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William Adams Richardson (November 2, 1821 – October 19, 1896) was an American lawyer who served as the 29th United States secretary of the treasury from 1873 to 1874. During his tenure, the Panic of 1873 swept the nation and caused a depression that lasted five years. He controversially responded by issuing $26 million in greenbacks, which averted the crisis, although there was debate as to whether he had the authority to do so. His tenure was marred by the Sanborn incident in 1874, which involved favoritism and profiteering in the collection of unpaid taxes. He was later appointed a judge, and subsequently the chief justice, of the United States Court of Claims.
William Adams Richardson | |
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Chief Justice of the Court of Claims | |
In office January 20, 1885 – October 19, 1896 | |
Appointed by | Chester A. Arthur |
Preceded by | Charles D. Drake |
Succeeded by | Charles C. Nott |
Judge of the Court of Claims | |
In office June 2, 1874 – January 20, 1885 | |
Appointed by | Ulysses S. Grant |
Preceded by | Samuel Milligan |
Succeeded by | John Davis |
29th United States Secretary of the Treasury | |
In office March 17, 1873 – June 3, 1874 | |
President | Ulysses S. Grant |
Preceded by | George S. Boutwell |
Succeeded by | Benjamin Bristow |
Personal details | |
Born | William Adams Richardson (1821-11-02)November 2, 1821 Tyngsborough, Massachusetts, U.S. |
Died | October 19, 1896(1896-10-19) (aged 74) Washington, D.C., U.S. |
Resting place | Oak Hill Cemetery Washington, D.C., U.S. |
Education |
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