Litchfield enquirer., 1836-06-30

tke notes Of any bank which issues smaller
bills be received.
Sec. 9. The Secretary may require coiia1-
cral security from the banks, and
Sec. 2, authorizes him to contract WAN
Sec. 8. No bank, employed sn9H DC as
continued or the money drawn meretrom'
unless It shall fail to comply with the TERMS
or to keep such an amount Of specie as ne
shall require in order TO render i q safe de-
pository, having due regard to the nature OF
It's business; and all Withdrawals to be re-
ported to Congress, as early as possible. In
default of any bank to receive them. the de-
posites Withdrawn t6 remain in the Treasury.
Sec. 9. The present deposite banlfsto be
,empIoved as heretofore, until the Secretary
shall have effected the object of this Dill.
Sec. 10. The Secretary to make full re-
port annually to Congress.
Sec. IL. The banks to pay per cent in
terest, whenever the depoSites SHALL for a.
whole quarter, exceed one fourth oftheir cap
lta1 paid In, for the use of the excess; the IN
terest to be calculated, for each quarter, upon
the average excuses of the quarter.
| Sec. IL. fOrbids all transfers of public funds
to accommodate the bsnaks or sustain their
credit, or for any other purpose except to ia
cilitate the public disbursements and in ca
ses where transfers shall be required for pur-
poses of equalization under this act, in con-
sequence Of too great an accumulation IN any
bank, such transfers to be made to the near
est deposite bank: Provided, that the Presi-
den may direct transfers to the mint tor
coinage.
Sec 49, The money in the Treasury on
the LIST of January, 1887, reserving the sum OF
5 millions, shall be deposited with the sever
al States, in proportion to their respective
representation in the Senate and House OF
Representatives-th Secretary to deliver the
same to such persons as the State may au-
thorize to receive it, on receiving certificates
of deposite signed by the competent State au-
thorities, for such amount and in such form
as the Secretary may prescribe, which shall
express the obligation of the State to pay the
amount to the United States or their assigns.
The Secretary is also authorized to sell these
certificates whenever there is want of means
to meet appropriations all sales, however, to
be rate able, and in just proportions according
to the amounts receivedby the States respect
lively all certificates sold to bear 5 per cent.
interest from the time of the sale, and to be
redeemable at the pleasure of the State.
Sec. IA. The deposites to be made with the
States as follows-one quarter part, LIST jan
uary, 1887, or as soon after as may be ; one
quarter, LIST April: another July LIST; and
the other, October LIST, of the same year.
Sec. Is. With view to the additional du-
ties of this act, the Secretary is authorized to
appoint three additional clerks for his de-
partment the first with $1,000 salary, and
the other two $lO00.-Ne,cark ADJ.
I WASHINGTON, June %.
Fatal Duel.--A duel was fought this morn
ling, short distance from Washington, by
two young gentlemen connected with the Ma
Wy, viz: John F. Sherborne, son of the former
Register of the Navy, and Daniel Key, son
lof the prosecuting attorney of our Circuit
Court. The latter was shot through the bo-
dy, and died on the field, and his remains
brought to his fathers residence, which gave.
the family the first mtimation Of the heart
rending catastrophe. Their house presented
the most agonizing scene ever witnessed.
The Charleston Beacon says "A gentle
man who arrived by the Rail Road last eve
ming, left Columbus, Geo., 9th inst, states, that
4 5000 to 1000 troops, regulars and volunteers,
4 had arrived at Columbus, but many Of the
latter were compelled to leave from the want
of arms and ammunition. NOdecisive move
ment had yet taken place by the army, from
the provisions not having arrived. Gem Jes-
sup and his escort, in attempting to pass thros
the Creek nation, was attacked by the Indi-
ANS or 6 Indians were killed, none Of the
whites were injured. Gen. Scott is to take
) the field against the Indians on the 10th inst.
A letter is published in the Mobile Morning
i, Chronicle of the 18th inst stating apparently
on good authority that Powell, or OseOla, the
Seminole Chief, had been killed by another
Chief Ho-pa-to-pha, in personal fight.
A letter, dated at Camp Georgia, near Gil
rard, (Ala-) states the death of William Drew,
a tailor by trade, but then soldier in the
Georgia drafted men. He left $50 in cash,
and some small effects. He resided some
time in Augusta, Geo. had been with the
volunteers to Florida. He came from N. Y.
State, but was supposed to be native OF Con-
necticut. - .,....E..
J Gov. Wolf, of Pennsylvania, has been ap-
pointed Comptroller Of the Treasury, at
Washington, in the place of Judge Anderson
removed. This is intended as q reward to
Wolf for his unprincipled devotion to the ad-
ministration, and his hostility to the United
!, States Bank, as well as gull trap to the
Wolfies' of Pennsylvania, whom "Matty"
) still hopes to attach to his cause. The" Muh-
!, lies" although they zealously contended, and
with some truth too, that they wore the heav-
/ lest collars, have been cast off long since.
/ Crueltv.--A Capt Edward Coffin has beer
sentenced to pay a fine of one thousand dol
lars for excessive cruelty to young man,
whilst on board the ship Mentor, Of Nantuck-
ct, engaged in a whaling voyage in the Pacl-
, fic Ocean. The punishment was so severe
that it caused the young man to lose ms rea-
son. after which he was abandoned ana set a.
.Lo,.. h., tho Captain in the n0~t of PaVta. Pc