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Question 23:Who succeeded Salmon P. Chase as Secretary of the Treasury?

  • William P. Fessenden

  • Hugh McCulloch

  • George S. Boutwell

  • Lot M. Morrill

Answer

William P. Fessenden was the successor of Salmon P. Chase as Secretary of the Treasury. He assumed office on July 5, 1864. Prior to this appointment, he served as the Assistant U.S. Secretary of the Treasury from 1861 to 1864. Fessenden's tenure as Secretary was marked by his efforts to manage the Union's finances during the challenging period of the American Civil War.
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