Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-09-21
Report OF the Secretary OF the
TreaSssry.


This Report is Of great length We eopy
Oh that portion which relates 10
"Hh~ SS'e-EctPtsg 81 He B'Sshr .Hos.~y
ksv~sSFrra'
The arrangements Tor keeping the public
money. which had been In succ es.ful opera-
uon Tor lev years previous 10 the passage
'oi The deposite act Of 1886, bscane partially
embarrassed by carrying into s1rct some OF
lie provisions. But ti's enforcement Of them
all, where not entirely perfected, wa. in sea.
so'Iaoie progress ih May last. when the De
partDen' was compelled by The act 20 give
notice 10 such OF the selected banks 40 had
suspended specie payments that they could 90
longer be considered a. general deposii0ra 81
The public moneys.
A list is anne red Of all baaks emSlvyed An
that capacity, which have been discontinued
Ai:er due inquiries 10 procure other depo.
shores, 90 conformity 10 the act, the Drpart-
'Dens has completed the sPpoIntmenl u Only
one. THIS, aud four more that have not sus-
pended. with one thst has rssun.sd spseis
PAS menu, tmak'Gg six in al, constitute the
present bank repositories for general purpo-
ses.
During tie inability 60 obtain specie .psying
tanks al chher points, the Treasurer, being
required ~ ttc closing pert OF the sih section
81 the act to keep and dlsbutse the public mo
ney 'ccording ~ tie law. before ~ force las
done Il 20 conformity - The very wlde discfs-
iiJn whrCh existed When 90 rules we're IN
force, that Rad been prescribed 10y Congress
cxCcP; 90 keep and "dj.bufss The same
under the gsnefai .uretintenfebcs Of The Sc.
creisry Il Tie Treasury 4 part u II bas
therefore. hsea kept "a .peefsl dsposite j.,
ih', chy, portion ~ Il h. TIE mmt ami tho
residue Nth ne officers collecting y. until Il
~ss wanted i1f public pufpO-es. or until 4
'ceumulsted 80 such suns ~ anv points a. not
~ be- probably wanted there lur such use 49,
w. thr hrst case y hls from iime 90 tins.
"e'p sFPi'co u ihc IfsymeHt n creditors, by
draits on TIE recstFfrs ~ co'lcctufa. add irt
ihe last, the excess bee bcen directed 10 10
temporarily placed v fb backs. noi remotely
rigsicd MD ~ .gessl ieposits frf safety, uh.
100 wanted ~ 'sJFuiitlts 81 .cwhcfs. OF mil
''fne urH isg. ...ii,n shsii take place b. rels-
t.lu 90 o.
tnitf ,hr,f eur.m. '8ures. ile Jeparimspf
saud fff~eu'as suggest some pfoye0t,
ehirh Hly He nisf. speeds ssf may he re-
.H.1 c. tfr ,lir-ttfpire seJ d.8ufsns n
no. pIItf rrHfgs
Dr. OH, pfss. Q rnud,'isn ~ De- Gsvsfsn.stt
1nd uas su.lfy t~Y systems ars proposed.
eHhfs ~ ahich y ,s beloved may be pfaci,-
' HtFh .' ~ Voc evil fNfffa ~ inH
rfm~ unc s, IN euiarxsmeni l'.5 sdsp isi1n
20 ihe Nfiem piusiiiy sH,tJtsd uDrs ne
Hfrhs'9n ~ specie Paymebu ~ ~ 10 msks
i a"sser ~ nseesr,fy pafpolss. The could
.r tHscied merely ~ ssstfnmr 10 cur e1ni.
ms Dfbcen md esilhirbmcnis spme addition
ai duties
Ths Trea.msf AZ ne est - Ggtsfansnt
'hc Mint sth ts brsnfh az Ne - ORE sa. ssi
anothtr. shah hes beer canif Bpiais,i. ed
o niurh nse5td - Nss Yort, ygf o'tsr p.i-
pee. COLLECTOR. ri ihc c4sisa.s srd fersitsts
~ unslsy o. ihe sales ~ iaud 81 eel -
. sinissiefs. miEM 20 ss irscl1 10 tssp n
saisiy, nat osly Zoe gs4bln rsohey csllscisa
BY mem, baf 80 set4sliy pisrsd in fhsH r0s-
cessna, ., irsusfff rf othFfeisf A. fsssl
sscntss ibsy H,iEt $50 b. f4nred 90 psy
nytf sni irsnfier b So such p15He pafp,sss
ss NAY b. agthofUed IS CooEress srd sn4sf
sych fsgsisiious ne TFesssry peeorissea
ffoa tine q tiGe asy psesrrns Indeed
ne uird ssctior nf ~ pnsf-ofre lsw ~
I71s. = ~ its hre9 taken utdtf 4 - 3, "a
aTeeefpf ~ gasi rrstfefs =. psfksfs sl,e.av
ssilf 1safi1 hfrst ~ fkaf elan ~ oe,esr. =.
E1trfr zlaE ia. - -. -.