The Arkansas advocate., 1837-04-10
.-...sss@-y nOEyss.
TIIE PREsIDENT AND CoNeREss.

THE PRESIDENT AND CONGRESS.
 The following copy of the bill [reerred to under the editorial head which passed both Houses ongres by maIorities ofconsderably than to which sent to the President of the United States several days before the end of the Session for his expectations but which he neherapproved disapproyed but with held from the action ofCongress and thus egaded the n unctions of the Constitution and defeated the bill:
 AN ACT designating and lmiting the funds receiv-
 able for the revenues ofthe United statca
 Be caactsd Jg tte senate aud House qf Represcaa- tsues of he Caited Staes o 4ae,ica Congress 6led That the Secretary of the Treasury and here by is required to adopt such measures as he may deem necessary effect collection ot the pubic revenues o the United States whether arising from dutIes, taxes debte or sales ofiands the and on the Pflnei pies herein provided hatis, that no such duties, t1es debts or sums of money payable for lands, shall be eo eced rceieved otherwise than III the legal currency e the United States or in notes of banks which paya h aud paid demand m the said legal currency of the ated States under the following restrictions and con ditions n regard such notes to wit from and after the passage of this act notes of bank which shall issue or circulate bills notes of less denomination than five dollars shall c received of the pub lie dues and from and after the tartleth day o Becem ber eighteen hundred and thrtynne, the notes of no bank which shall issue circulate bills notes Of less denomination than dollars shall be receivable and from and after the hrtiet day oI December, thoa sand eight hundred and 1artyoHe, the like prohibition
 
 or notes of a less denomination than twenty dollars
 SEC. 2 .9ad bc # fafeg eaaeisa, That no notes shall be received by the collectors receivers o the public money the banks, in which they to be depositeds shall not under the supervision and control of the Sec retary ofthe Treasury agree to pass to the credit of the United States as cash: Psopided That if any deppsit bank shall refuse to receive and pass the credit of the United States cash any notes receivable under the provisions of this act, which said bank the ordinary of business, receives general deposlte the Secretary of the Treasury hereby authorized to with draw the public deposites from said bank.
 Snc. 3 .7ad 6e Il frthe, eaaeted That this act shall not be SC construed prohibit receivers colec tors of the dues the Government from receiving for the lpubic lands any had of land scrip Treasury certi cates now authorized by law but the shall hereafter be received for the public lands in the way and manner IS has heretofore been practsed and It shall not be lawful for the Secretary of the Treasury to make any discrimination in the funds receivable between the different branches Of the public revenue except is provided in this section.
 JAMES E. POLK, Speaker
 of the House of Representatives..
 W. R. KING, President
 olthe Senate, pro tempore In the Globe we find the following publication of a paper explanatory of the fate of the above b which the President did address to the body in which the bill originated but has caused to be published in the official Epaper