Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-04
Treasurer Commonwealth.
TREASURY DEPARTMENT,
OH n,snhas 1919

Or This department has selected your Institution
one oil the repositories Of the public money of the United
States, and send you enclosed the drsught of contract
which will please have proper under
the corporate seal OF your institutions and TO the
department immediately Alter you have done this, you
VIII please forward the enclosed
public officers to whom they directed, (ey being in.
struchons from the department TO depose all public
ney in their hands which they may Give
in your institution to the credit OF the Treasurer oil the
Sates also enclose you circular instructions relative
10 deposes and accounts of public officers, which
spectully call your attention.
In selecting your institution of the fiscal agents
OF the government, not only rely on its sodiy and es.
tabshed character aording sufficient guaranty for
the safety OF the public nancy entrusted TO its keeping
but conhde also in its disposition adopt the most
moned institutions generally and particularly your
vicinity.
The deposites Of the public money will enable YOU TO
afford increased facilities TO the commercial and other
classes OF the community and the
from the adoption OF such course. respecting your
accommodations, will prove acceptable TO the people,
AMI safe TO the government.
sm very re'pscifuliy your obedient servant.
X. b. fancy, Secretary Of the Treasury.
To the President Of the Bank IF Pa, Richmond, ia.
BANK OF VIRGINIA. ,
October II, 1898 {
Sir II have the honor 10 enclose a contract" executed
by this bank, The subject oil the receipt and dsburse
nens OF the public money OF the United Safes by the
bank and its Office Norfolk You will find some yaria.
ton in the form from that received you This yara-
ton grows out oil the circumstance, that the Office at Nor
folk, has common SEAL aud Is enter into
such contract wi bout the OF the mother bank
BY the contract, executed the bank 10 axe
weekly returns, both from The mother bank and the of.
fee, OF the Tredsurers account while il confines the Ie-
turn of the CENTRE condition. the mother bank ony
IL 1t be poitvely required that the office shall make
weekly returns OF lite condition. il shall be done but
the state OF that office we'll that of oil the other
oices will be included 10 return, presume IL will be
deemed unnecessary Indeed, could wish that a month
iy instead Of weekly return of the "enre conJi,ion Of
the institution would be accepted During the session Of
our Assembly, at very busy OF the year. have
TO submit all proceedings for the year. to an exsmna
ton OF joint committee OF the houses the prepare.
ton for which operation consumes much time aud gives
a good deal OF labor
had contemplated to give You the Wis WIS of our board
oil directors, on the several articles of the contract but
reflection, deem needless TO occupy your attention.
since the conacli is fully executed wish merely
mark that, under the 9th article oil the bank
10, presume, to pay all the pensions OF Virginia This
involves considerable charge, to which the Of the
small amount odeposites by and
trust that in compensation for this additional expense and
the risk attending that duty the Department will
consider that we entitled 10 fair and reasonable pro-
portion OF the deposi Of the public money The 9Th
tcle too probably from imperfect view of its operation
and bearing, was considered liable throw onerous
burihen the Banks that may he conducted with the
greatest prudence wi,houta any correlaive benefit.
The prescribed regulations will be strictly observed, and
on the first Saturday after any deposit shall be made,
am. SIR with great respect, your obedent
J. H., President.
r. B. TANsY, E,q, Secretary IF The Treasury
o. u: "'oo sI Is:
TREASURY DEPARTMENT.
October %, 1888
SRI have 10 acknowledge the receipt of YOUR letter
dated the l6ih, aud also Of that OF The I7h
hitting the contract executed by The bank oil Virginia.
IL will be perfectly satisfactory the department TO re-
ceive the statement OF The entire condition OF The bank
from the mother bank only but In requiring TO he made
weekly, only ask What Is required all the state
bsnks reflected by the department repositories Of the
public moneys.
l. is not the intention Of the department 10 require tho
state banks TO pay the pensioners Ut presents when that
duty shall he required Of hem they will be duly mott.
fed. remain, very respectfully, your obed'i. seryt,
n. u. TtNEY, Secretary Of the Tredsury
J. BRocKgSDRoUGH, E,q., President Bank Of pa.
Tancy's letter. JB
accompanying the Report Of the Committee, are tabu.
lar statements ofhe Of the receipts and payments
~ the u. ;. Banks al Norfolk and Richmond, for Elk
years-whch we cannot veDieply in reduce into
columns.
We publish the preceding documents show The light
IN which the arrangement with the Bank NJ Virginia
ought 10 be considered We Object 10 the State Banks
paying the agentThnt Is for the interest Of the u
aud ought 10 be pail Ivy the Federal Treasury Asst the
giving OF tie security the President Of the Bank
that should IL be asked (but IL obvious II never vii
be asked, aud II IL only asked Of te Virginia Bank be.
has heen asked Of ohers he will cea.e the
cy tian give IT, The idea int has been attempt
ed TO he pr p,eate DOORS that tits arrangement has
been made with political views, 10 put the Bank under
the thumb Of the Federal Government) may he judg-
ed Of by This single fact, that nearly all Of the Directors
Ann Jackson, aud most OF them IN favor Of the U.
States Bank
"lLL be sold, Oh he Capitol Square, on Wednesday
w the Sb inst, a credit oi niue months, AZ II