The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-10-25

sibe after the passage of this act, be reauir-
ed OF all repositories, in such sums aud form
as may be deemed reasonable aud secure
by the Solicitor Of the Treasury, for the per-
formance of all duties required under the
same or any previous laws.
Sec. A. And be il further enacted, That
the said officers, respectively, may be al
lowed any necessary additional expenses
for clerks, fre-proof chests, or vaults, or
other necessary expenses of safe keeping,
transferring, and disbursing said moneys:
all such expences of every character to be
first expressly authorized by the Secretary
of the Treasury, whose directions upon all
the above subjects, by way Of regulation
and otherwise, are to be strictly followed by
all the said officers.
Sec. 5. And be it further enacted, That
the Secretary of the Treasury shall be, and
he is hereby, authorized, to cause examina-
tions to be made Of the books, accounts, and
money on hand, of the several officers
charged by this act with the safe keeping,
transfer, and disbursement of the public
moneys; and for that purpose to appoint
special agents, as occasion may require,
with such reasonable compensation as he
may allow, to be fixed and declared at the
time OF each appointment; which id ex-
aminations, in all cases where the sum on
hand usually exceeds three-fourths Of the
amount of the officers bond, shall not be
made less frequently than once in each
year, and as much more frequently, in those
aud all other cases, as the Secretary, in his
discretion, shall direct. The agents selected
to make these examinations shall be in
structed to examine as we'll The books, ac-
counts, and returns Of the officer, as the
money on hand, and the manner of us be-
ing kept, To the end that uniformity and
accuracy IN the accounts, as well as safety
to the public moneys, may be secured there
by.
Sec. g. And be it further enacted, That,
in addition to the examinations provided
for in the last preceding section, as Il fur
ther guard over the public moneys, it shall
be the daty of each naval officer and sur
veyor, as check upon the collector Of the
customs of their respective districts: of
each register Of land Office, and of the
director and superintendent of each mint
and branch mint, as check upon the treas
urers, respectively, of the said mints, at the
close of each quarter of the year, and as
much more frequently as they shall be di-
rected to do so by the Secretary of the
Treasury, 70 examine the books, accounts,
returns, and money on hand, of the collec-
tors, receivers and treasurers, and to make
full, accurate, and faithful return to the
Treasury Department of their condition.
Sec. Z. And be i. further enacted, That
the Secretary ofihe Treasury shall, with as
much expedition us the convenience of the
public business aud the safety OF the public
funds will permit, Withdraw the balances
remaining with the late and present deposit
tories of the public moneys, and coniine the
safe keeping, transfer, and disbursement of
these moneys to the repositories established
by this act.
Sec. 3. And be it further enacted, That
for the payment of the expenses authorized
by this act n sufficient sum be, and the
same is hereby, appropriated, to be paid out
of any money in the Treasury not otherwise
appropriated.
Sec. 8. And be it further enacted, That
all officers charged by this act with the
safe-keeping, transfer and disbursement of
the public money, are hereby required to
keep an accurate entry of each sum receiv-
ed, and of the kind of money in which it is
received, and of each payment or transfer,
and of the kind of currency in which they
are made and that if any one of the said
officers shall convert to his own use, in any
way whatsoever, or shall use by the way of
investment in any kind Of property or mer-
chandize, or shall loan with or without in
terest, any portion of the public moneys
entrusted To him for safc-keeping, disburse-
ment, transfer, or for any purpose, every
such act shall be deemed and adjudged to
be an embezzlement of so much Of the said
moneys as shall be thus taken, converted,
invested, used or loaned, which is hereby
declared to he high misdemeanor; and
any officer or person convicted thereof be-
fore any court Of the U. S. of competent
jurisdiction, shall be sentenced to mprison-
ment for term not less than two nor more
than five years, and to a fine equal to the
amount of the money embezzled.
Sec. 10. And be it further enacted, That
/ from aud after the thir,y-first day Of De-
cember, eighteen hundred aud thirty-eight,
the resolution of eighteen hundred aud six
teen, authorizing the receiving of notes OF
specie paying banks in dues to the Govern
ment, shall be SO repealed that only three
fourths of the amount due to the Govern
ment for duties, taxes, sales of public lands,
or other debts, may be received in the notes
of specie paying banks and that from and
after the thirty-6rst day Of December, eigh-
teen hundred and thiriy-nine, one half may
be so received; and from and after the
thirty-first day Of December, eighteen hun
dred and forty, one-four,h: Provided. That
the notes of no bank shall be received which
shall refuse TO receive, in payment and de-
posite, at par with gold and silver, such
Treasury notes, or bills, ms Congress shall
/ nntL,rizu t, lc rcceiyed hr Law In tho r,uh.