The New International Encyclopædia/Treasurer, Lord High

TREASURER, Lord High. Formerly, the third great officer of the Crown in England, who was sole head of the King's exchequer. The office was originally held by one person, but in 1612 James I. put it in commission; and from the accession of George I. (1714) down to the present time, it has been the practice to vest the office in a board of Lords Commissioners of the Treasury.