Word: watchdogging
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...view of this fact, the Treasury Department has discontinued its purchases of $1.00 silver, declaring that it is not obliged to buy silver for subsidiary coins at $1.00, but that it will buy as much as necessary at the market price of 65 cents or thereabouts. Controller General McCarl, watchdog of the Treasury, approved this course. At once Senator Pittman objected. He declared that the Treasury had no right to discontinue its purchases of $1.00 silver. Under Secretary of the Treasury Gilbert replied simply that "there is nothing in the Pittman Act that requires the Treasury at any time...