The United States Secret Service is Commissioned To Suppress Counterfeiting
With a reported one third of the currency in circulation being counterfeit, the Secret Service was commissioned on July 5, 1865 in Washington, D.C. as the "Secret Service Division" of the Department of the Treasury and was originally tasked with the suppression of counterfeiting. The legislation creating the agency was on Abraham Lincoln's desk the night he was assassinated. At the time, the only other federal law enforcement agencies were the United States Park Police, U.S. Post Office Department, Office of Instructions and Mail Depredations, now known as the United States Postal Inspection Service, and the United States Marshals Service. The Marshals did not have the manpower to investigate all crime under federal jurisdiction, so the Secret Service was used to investigate everything from murder to bank robbery to illegal gambling. After the assassination of President William McKinley in 1901, Congress informally requested that the Secret Service begin to provide presidential protection. A year later, the Secret Service assumed full-time responsibility for protection of the President. In 1902, William Craig became the first Secret Service agent to be killed while riding in the presidential carriage, in a road accident.