Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-02-06
Friday February 2.
nv cNN TI I

|
From, the Treasury Department report in relation
fl the lGO 600 retained by the late Bank Of the u States
rs damages on the protested French indemnity DRAFT,
stating that the money had not been Palo 70 Tie 1oVef
men, BIZ the hank Ordered 10 be printed.
| From The War Department: report and documents
fran The Commissioner of Pensions with information IN
regard 10 pension agents and the instructions given Them
by tho Department. called for by Senate resolution ol
| the 10Th nit Ordered 10 he printed
repor, and documents IN relation 10 Inc survey Of
Crow sboul. in Delaware bay Ordered TO Ge printed
The repor, Of the survey Of the Charleston and Gin
cnnat Railroad. Ordered to be printed, with oU0 extra
copies o,,,,;, ,,oh ras o,o- one
dov calling on the President for copies Of all correspoi.
recently received, between this Government ana
those of Great Britain and Maine, the subject OF the
Northeastern boundary it, in his opinion, It can be COIL
munica,ed consistently with the public interest
On motion of Mr. Benton. ;.
Resolred That the Secretary of the Treasury be d.
recled 10 communicate 10 the senate ne n"'gs o L.
ceiyers of the public money by whom the Treasury
soccie order of july 1886, has been violated, win The
particulars of each VIOLATION ,
The bill TO extend aid amend the charter of the
franklin Insurance Company was read trd Time, ana
passed
On motion Of Mr. Preston it was ordered that when
the Senate adjourn it adjourn 10 Nlondny.
The Senate took up the bill for the relief OF Thomas
L. Winthrop md others, directors OF The New England
Mississippi Land Company 1.-THE bill provides iiut the
Secretary OF the Treasury he required TO pay to the e-
TONERS The of S95 4O3 which payment shall have
the same operation and effect rs II the same had been
decrecd TO said directors by the commissioners, under an
net of Congress for their determination, passed The
3lst Of March, 1911 and the acts supplementary there
TO; aud shall be full for all claims OF said company 10
the land mentioned in said act, (e purchase from the
iazno Company) and in their release 10 lie w. States
made in pursuance thereof
The bill was opposed at much length, by Mr. Buchan.
an, and advocated elabOralcy and earnestly by
Mrssrs Clayton Grumpy, Davis and Williams. and was
finally recommtled to the judiciary Committee, with
,unI;,p 1E ni--lv
%, noes IL.
SUB.TREASURY SCHEME.
On motion OF MIR. Wright, the Senute took up The bill
inuosiDp additional duties repositories certain pub.
lie officers &c. and for other purposes, with view 10
allow MIR. Rives to offer his substitute 10 the BILL that
might be ordered TO be printed before the Senate adj
journrd
Mr. Rives then rose and offered his substitute with
the remark that lie had drawn it general PROJECT In
its details it was very possibly detective, but It should
prove acceptable to the Senate in It's general outlines,
they could amend and modify they might think pIn-
per He would merely uitr il now, and ask that it
might he printed understanding that it would cUinr up
on Monday.
SEC ]. Be cnecird by HE Senate and House # Re.
PERSONALITIES Of The o. 5. q .lmcca in Congress assem-
Gcd That the number oil banks authorised by the act OF
June %, 1886 10 he employed as repositories OF the
public money shall exceed twenty-five. (any thing
in the said act the contrary Notwithstanding that
they shall be chosen from among tho most solid and re-
spectacle banks in the States or Territories in which
thev established and their locality, as well as NUM-
ber shall be determined purely with references TO the
wants aud convenience Of the Treasury in conducting
! lis fiscal operations
Src g 3nd be IL further cndcted That no bank shall
be 80 selected employed which shall not pay It's bills
and notes. and all other demands upon IT, promptly in
specie when rcquired until shall first have fur
nished 10 the Secretary Of The Treasury statement of
its condition and business is Ut lis directors and o..
iccrs copy Of s charer and such Other information
lie may require, 10 enable MN u Judge o Inc sUuha'
! ness of its condition.
Src 3 qnd De il Grhtr enuctcd That the banks 10 he
employed repositories aforesaid shall he selected
by the Secretary of the Treasury in The following man
ner 10 wit: if The selection be made during he session
of Congress- il must before il take effect, be first ap
proved bv i,nl resolution Of both Houses; and if made
during the recess shall be submitted to Congress. al
the commencement Of their next session, to Ge IN like
rnal confirmed or annnllrd by them
SIC a. Ind he il Eurihlr enacted That the said bank,
he,re they shall be employed the repositories OF the
public money shall ugtre TO receive the same on the fol-
| lowing terms and conditions, 10 wit:
First Each bank shall furnish 10 the Secretary OF tho
Treasury from time time, often lie may require
not exceeding once week statements setting forth lis
condition and business prescribed IN the second Sec
lion of this act, except that such statements need not
contain copy OF The charter OF The bank and The said
banks shall furnish 10 the Secretary Of The Treasury aud
to the Treasurer of the D. S weekly statement vi The
condition. al his account their books and the Srcrc-
tary OF The Treasury shall have The right, by himself "r
an agent appointed Tor that purpose to inspect such GO.
:
the said statements PrOridcd That this shall not be
construed to imply the right Of inspecting The account
Of any private individual or Individuals with the bank
ScraadY To credit as specie all gums deposited there
in 10 the credit of The Treasurer OF The United States,
(excepnr Treasury other Government oblga
tons thai may be receivable in payment OF public dues,
and which property clnrgeablc 10 the United Satrs)
and to pay all checks warrants or drafts drawn on such
deposiles in specie if required by the holder thereof.
Thirdiy To give, whenever required by the srcreta-
nv of the Treasury the necessary facilities Tor transfer
ring the public funds from place TO place. within the L.
States and the Territories thereof, and tor distributing
the same in payment Of the public creditors, without
charging commissions claiming allowance on account
of difference Of exchange.
Fourihy TO render 10 the Government of the United
States all the duties aud services heretofore required ny
law be performed by the late Bank oil the u States
and lis several branches or offices.
SEC s. tint be further enacted, That The Secretary
Of the Treasury shall be, and he is hereby authorized
and it shall he his duty, whenever in his Judgment, the
bank selected and employed aforesaid, collateral or
additional securities for the safe keeping OF The public
moneys deposited tbereln and the faith ul performance
Of the duties required by this act
SEC 6. 1nd be juritr enacted, That It shall be law
full for The Secretary Of The Treasury inter- into
Tracts in the name, and for and behalf OF the U
States with the sud banks selected ar q employed
whereby the said banks shall slpulate 10 DO AMI perform
the several duties and services prescribed by this act
SEC Z. find bel further enacted, That bank which
shall be employed depository OF the public money
shall be discontinued sucb or the public money be
Withdrawn thereon, except for the causes hereinafter
,nen,oned that say: it, at any time, any of the said
banks shall refuse fail to perform any of The duties pre-.
scrbed by this act and stipulated be performed by lis
contract, if any Of the said banks shall at any time
fuse pay its notes in Specie or II the Secretary OF re
Treasury shall huve believe that any of III
said banks is longer safe place Of depose for the
public moneys in any and every such case, it shall be-
his duty 10 discontinue such bank depository and
withdraw from il the public moneys which it may hold
on dcposile and in of the dscontnuance Of any
Of the said banks it sal be- the duty of the Secretary
OF the Treasury report to Congress Immediately, if in
session. and if not in session. the commencement Of
lis next session. the facls and which have in
duced such discon,inuance Prorided, ho,cersr That
nothing herein contained shall be construed prevent
Congress- any time, from passing any law for the re-