Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-01-10

fr.e.. . f.Ns f.s Lac. ttsft fa~t .iaI lr
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-. t..t,.. =. ... ,..,, ,ol a.,
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...t,,.,.1.., g..i.,oI,,to IL " .,1 $50. ,..
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.,.,r. ., ,, 80 10.
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t, t ...,.s....L.rJ.. n.t., 3D..
1890, ,l.,b ,,o ,,,,,.il...l and
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.,au r,.,,.o, bi,n r,.,,, r.,l,,. ,,,o.a,s
c.. ,'sto,,.,,,c ..L, ,..,,.. Yi, ,,-c,,,, l,.,-e
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- ..,,. -, ,l.,., t,. ,.,,,'I.,, ami ,.f MAJ,
marian, o.,,, y,-. T., ,5 p,,,,si,9. mn, 0tt' ne
orner nj rol,cy f the Laws To- keen iLe deposi,s to-
qc;her. Unless under tccul!sr crcrrcnciss remain.
UNCHANGED.
Under this law. hi. ,uty va, a. ,'ear ne ao,,i-
BE. lie was f., ,,ettni ma b,,l .l,,5 L,,c
|opos,l .r mare than fl,,o i,,,tl r ,,s c,.i,,I -
Tho .,i,, +, tl., ,,,c.t c,,,s ,i, tol D., jv,
lc1 ,,,,,r. tho t,,ls 10, ,. ,t.,. l.... -,
,o,, So IN, .i,., l...,i- ....t ., .,, g.,
1,Ls-o. .,,.,..i,, r. .,,,lo,.a a.u.r ,r
,u, If ,i,,so ciiics In Now y,,t ammo l.. sovs
..,,o ,,,,ra,.on. ,,.,n ,o,,,, ,.a,-c., ,,,.,.,
A. H.. .,;,,, ,,.;i,,., 80 4, ,i... 90. ,ta ala L.
.s,, I.,,.. =, o,.. ,,,I,, j., ,i. -,
r.,., -, c..u, ~,
~ ~ bnt WHY OUT W u al ma why C"pId hol
tie revenue already received N New York, be- d.
vlded rmon. The Ne" YORK banks t' support the
trade ct New Iojh Why not l-t lt irman ac.
tive there, mp TO the last hour when payable to the
states But The Ia" required that there should b'
at least one deposit bank 10 each state he 1t 70.
Then make deposit bank IN each state It Here be
not one already, aud give 1t deposit which, while
II satisfies HE law, vii not carry u%aY into iuac-
tivtlty tun3s that might be useful ia places of bu.
siness. There was then 30 necessity 10 send
dollar from New York, ar the other oommercal
cities, merely for the purpose OF preventing any
bank from having more than three iourths ui It's
capital. That Is clear
Nor was II more necessary for the purpose O.
distribution among the States. The Law says:
THAT the money which shall be IN the Trcnsnry
Of the Uuiicd States on the 1t Of January, 1887,
shall DO deposited With such Of the several States
as shaG by law authorize their Treasurer or OTTER
competent authorities to receive the same-and
the Secretary of the Treasury shall deliver the
same to such Treasurer or other competent author
tiles on receiving certificates oil deposits ihcioor'
Tins Is the whole law no" what does u con
template!
The money must be m me treasury on me Isl
OF January 1851 because up TO mat iiine u Is not
Known whether The states W" take II: iechhi'
,,oc,ic,iIS ib ~ We ,onsury '' at NSs"nR'""
its d flo nblic monrvs ,rc pn, 10 sc ec afPos
/ or,bo Tro,sr,y il -, ncr,i,l ro,.o,, u,,,so ,,,
{ o7,ci.l ,osiJo,,co l. wasL,,,,,on h.o,,I;r,a,,.,
/ Treosnrer ora St,,c zoos 70 ,le ,;oc,o,,tr -,
Wsehi,c,or-sn1 n,.sc,,s 70 hin, tho oo,,;f,o,a.
7 az do,oj, ,,h 6 oro,ar,. ,Io,oc,.,, l.l;. :, ,
Tho r,.,,r,,, liz S,,,,,. C,o,, m, Ian, Zoo.
bo deliyorr1 No a, .,,,',l ,,an,,l ,o,,,;,,, go,
Of tboso dollars, ~, 10 a,hooI. ~, ,t, IL
!, R,nk =, Vasa;o,,op, No p,, ho dol,.or.
to tho State Treasurer ne Le d.e,to an, o,ha,
rcrso, ,,co,,:n, .nooo, J,,c, e., ,h. ,n,,,,, ~,
.o,,o one y, rno,e or iLe da,os;,o,,os ,hich o,,,
roso tho T,o,su,v /, mn, .pcb d,so ,.noI
and orooo, made Of maxim, ,,b,,c ,.y,oo,,.1 tn.
donhtedlc And ,bcn We came 70 ,hf ro,l c,es
,;o, Wa il necessary 70 mai. j., ady.,co ,,,
,r,nsfpr n. r,,ds tho .eycr,I
na,oIy bcco,se ,lov had ,ls in, m certain c,
J,;on. oc rocoi,;r, tt-rq Ir,Lc,c co.'s ,.s,..I
porossi,y ,bcu,t, I2,b section Ohio lac ,olo.
,boso ,,snsGa,s ,Illcg,I Nov, tlo,c l. cro,rl, N,
mi