Vermont telegraph. [volume] (Brandon [Vt.]) 1828-1843, 1836-07-28

contrary to existing law. Tie -, -
2rll "a, 1880, was intended to out y :.
othe credit sales of land, which haJ ,
found productive Of multiplicity OF ..
and by reducing the price from tvn
lars on credit to one dollar and a c,.o
cash, to hold out an Inducements VIVA Ir1
ers for actual settlement. Tht, :,
section of that act provides that h,
chaser shall, on the day of ~
tmake complete PAYMENT Ti,
dent takes the ground that nav,
bank certificates Of deposite and
per, called "land office money!"
complete or sufficient paymen, i.
law, and has, therefore, caused y.
ing order to be issued to the rec,. ..
public money and to the depos:: ba,
TREASURY DEPAR7nE>
July 6, 1886.
In consequence Of complaints
have been made of frauds, ~pccul
and monopolies in the purchase g.
public lands, and the aid which is 50
! De given 10 erect theSe ObJectS Nv exc
sive bank credits, and dangerous !,
partial facilities through bank drafts
bank deposites, and the general evil ina
ence likely to result to the public j.
ests, and especially the safety Of the =.
amount of money in the treasury, ard Us
sound condition of the currency O. y
country from the further EXCHANGE Off
national domain in this manner and chic:
]y for bank credits and paper money h.
President Of the United States has cj7,
directions, and you are hereby insr.cn,
after the 18th day Of August next, - r
celve IN payment ofthe public land>Ho
, ing except what is directed hv the cy;xin.
laws viz. cold and silver, and in the rrc.
or cases, Virginia lands >rrir: PROF., !
that till the 18th of Necrr,}"o mex. :
same indu} gcnc,s heretofore extended E
to the Kind Of money received, n.i !
continued for any qu"E.iry OF Iau1 T, t
cvcdjng three hundred and trci.:v. =,
to each purchaser who is an act"aIs., ;?
or bona fde rcsjcr} in the safe " here X.
sales are made.
In order to crsHr" the faithful extcu:i.
Of these instructions, all receives or
strictly prohibited fcm acctI.irc rol NJ!
sold. "nv draft. certificate or uthcr e.,
d:trc Ct money, o. derosi:r, thru.h
s-'o.e unless signed ! y the trtasl',r
- C";ted States, in cIn:Crr Nv 70 lie 4,
{: An:i: "A, $50. And each o@lhcs, &
Gc>,> is required to an,eE - his n.oN:
rct'r:'1 to this department. the ar:ll:.,
goI~ end silver respectively, as WEI {
! the bills received under tie fort 2oirr f:
ce;ticn; and each de- fosjte hank IS r,cU
ed t. annex to every certificate given W
2 d. p"s;te ofmoney, the proro,tio Of
actually paid in gold, in silver, ard
hank notes. All former instructors ,
these subjects, except as now mcdi@e
Will be considered as remaining in T.
force.
The principal objects Of the Preside
in adopting these measures Icing to I
Tr-~s alleged frauds, ard to wi,AAr ID Il:
.2o"rt nance Or facilities in the power
th.. government from the mo1oIoIv Of ;
pub il lands, in the hands o. Specui,.3
a"1 capitalists, to the injury Of the actJ
Settlers in the new States, and Of emirr9n
in search of new homes, as we'll as to 1
courage the ruinous extension Ct b.hE !,
sues and honk credits, ty which those !
suits are generally supposed DC Proro'
Cd, your utmost vigilance is rcGuircji a.
relied on, TO carry this order into CT!
tIG'3 execution.
LEVI WOODBURY..
Snc Tre1s-rk