Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-01-20

as they may De drccleu ny Lhe Seo' -.
the Treasury 10 do, pay over to the treasurer VI m
United States at the Treasury thereof all public moneys
collected by them or in their hands; that all SUCH co:
lec,oIs and receivers of public moneys Within Tue I
ties Of Philadelphia and New Orleans SHALL upom Tue
same direction, pay over TO the reasufers %; ."e NV,
in their respective cities the said Ans, ali Pubiic mr.
neys collected by them, in their hands; anu 'iat d"
such collectors and receivers of public moneys ",'in
the cities of New York, Boston, Charleston, aho %
Louis, shall upon the same direction, pay over =" VIC
cities n, their offices respectively, oil lie public moneys
Collected by ,lem or in their hands, 10 be safely kept
by the said respective repositories, un olheF"Se us
posed Of according to law; and It shall ue the uuy ~
the sld Secretary to direct such payments ny t"e u
collectors aud receivers a The sud Places al least aS
often as once in each month"; aud nuc mule frequent
ly in all cases. he in his discretion, may mink Pfop
SEC 10 ind be 4 (ar!ker enacted, That II shall De
full for the Secretary OF the Treasury 10 transfer e
moneys in the hands OF any depository hereby consuu
ted to the Treasury of the United Sutes to The Mill
al Philadelphia; 10 the Branch Mint at New ofeahs
to the Offices Of either OF the Receivers 1e"ed' VI
Public Money BY this act directed ~ be appointed 10 oe
there safely Kept according 10 The PROVISIONS OF ''s uc'
and also to transfer moneys Tie hands OF any one ue'
oosory constituted by this act to any other depository
constituted by the same, at his discretion, ana as tie
safety of Tie public moneys and The convenience o' 'e
public service stall seem 10 him to require Ana lot
the purpose Of paymens the public account,it snail
be lawful for the said Secretary 10 draw upon my oil
the said Repositories lie may think most conducive 10
the public interests to The convenience Of the pup
lie creditors, o. both.
SEC II find be il farfAcr enacted That the moneys
in the hands, care aud custody OF any OF the dePos;lo
res constituted by this act shall be considered and held
as deposited 10 the credit of The Treasurer Of the United
States and shall be, at all times, subject to his drah
whether mRde for transfer or disbursement, IN Tue sae
manner as though the said moneys actually IN the
Treasury of the United States and each depository shall
make returns the Treasury Department OF all moneys
received and paid by him. IL such times, and IN such
form, shall be directed by the Secretary OF the irea
sury.
SEc IL .7nd &c Il further enacted, That, whenever
public moneys shall accumulate in the hands oil any tie
poslory constituted by this other than the Treasurer
Of The United States the Treasurer of the Mint OF the
United Siales The Treasurer OF the Branch Mint at New
Orleans and the Receivers General of Public Money, To
an amount beyond that secured by the bond OF the Oil
GER which the Secretary Of the Treasury shnil, Tor
any cause consider unsafe and it shall mt be desirable
to transfer the moneys accumulated 10 any other drpn-
STORY shall be lawful for the said Secretary TO direct
the said moneys or any portion thereof TO be specially
deposited in such bank of the State Territory, where
in the depository who is 10 make the deposl!e Is located
rs he the said Secretary shall select and Pr"cd
ed The bank selected will agree to receive and keep
the moneys deposited with upon The crns aud conGi.
tuns in the next section of this act prescribed.
SEC. Is .2ad be Il further en"c!fd, That the special
depostes Of the public moneys authorized by the last
preceding section Of this act be made in banks shall
be made upon the in!UWIin terms aud conditions, anu
upon other, namrl Y:
First All such depcgi'Ps shall he strictly special de-
pcsi,rs and the banks holding them shall be prohibited
in the most eieclual manner, from making any use OF
the moneys deposited b. way OF loans, discounts or IN
unv other manner, for any other purpose whatsoever
aud To secure the umpnl Of this condition. the Sccre
larry of the Treasury is authorized in his discretion, To
furnish the banks selected as depose banks, with sars
for the keeping OF the public moneys exclusively ana
under the Joint control of the bank and some designated
officer OF the Government, or adopt sach other
guards as he shall prefer.
Sccond. Nothing but gold or silver, or such notes.
bills or paper issued under the authority Of the U. ) ,
as NAV be directed By law 10 be received in payment o
the public dues shall be oared for deposr. rceved
BY Tie ba nk drposl;e under the provisions OF this
act.
Third All derns;tcs shall he passed, upon the books
of the bank to The credit OF the depository making the
sanp but 40 moneys deposited in pursuance OF this act
shall he withdrawn without the express order of the Sc
crelary of the Treasury for the payment and no drafts
OF the Treasurer Of ;he U. s orders or warrants OF
the Secretary Of the Treasury, FOR ordinary transfer "r
disbursement shall he made upon any bank selected rs
drpnse bank under this act.
Fourth. A cninnssion such shall he agreed upon
between Tie Secretary OF tie Treasury and the bank.
not in any case TO exceed per cenlum upon The
moneys deposited with il. shall be allowed and paid by
the United States in full satisfaction OF ali claims
the Jar, of the bank for trouble and risk growing nut Of
the receipt, safe keeping and repayment Of the special
Gcposes herein authorized 10 br made, all accounts ior
commissions TO BE audited anu PAID at The Treasury OIL
the United STATES.
SEC II. .7nd be ii fnrtirr caocifd That in no
bank within the Slate Territory wherein The drposl.
tory directed make depnsltes. is located, will consent
IL receive the moneys of the Government upon special
depose according the foregoing conditions and rgu.
luns then it shall he lawful for the Secretary Of the
Treasury 10 select bank in adjoining State OF
Territory suc NAY he convenient for the officer
make dppsilrS and the public service and IN case no
convenient bank Of either character can be found willing
TO receive such deposeS upon the terms proposed the
Secretary transfer the 10 The Treasury OF the
United States to The Mint, "r Branch Minis. ar to the
Offices Of either Of the Receivers General of Public Mo-
nry. shall be most convenient 10 the depository from
whom the money is 10 he transferred Or to The wants OF
the public service in reference disbui sc:nrnls
SEC 10 Ind be It further enacted, That the Secrpta-
~ Of lhe Treasury shall be- and he is hereby authorized
TO cause examinations to be made Of the books accounts
and money hand of the several repositories cousli.
luted by this and ur that purpose TO appoint special
agents, occasion require, with such cumpensa'
ton he may think reasonable 10 be Fixed and decar'
ed The time Of each appointment; which said s$aml.
nations, in all cases where the hand usually
ceeds reriuurs OF the amount Ui the officer bond.
shall no, he made less frequently than once in each
year, and much more frequently, in those ana all
either cases, the Secretary his discretion, shall d.
rect The agents selected 10 make these examinations,
shall be instructed 10 examine well the books, ac-
counts and returns of The officer as the money hand,
and the manner OF its heing kept To the end that uui
ornty and accuracy in the accounts well safety
to the public moneys may be secured thereby.
SEC. l6. .7sd further enacted That IN addition 10
the examinations provided for in the last preceding
tou and as a-fu.hcr guard the public moneys, il
shal! be the duty of each Naval Officer and Surveyor,
check upon the Receiver General Of Public Moneys,
or Collector Of the Customs of their respective DISTRICTS
of each Register Of Land iice, check upon the
Receiver ot his Land Office; and Of the Director and
Superintendent, OF each Mint aud Branch Mint when Sc.
paate offices check upon The TreasurcrS, respec-
lively of the said MINIS The persons acling SUCH
The close Of each quarter Of the year. and much
hp lV he
tary of the Treasury TO do So examine the books
counts returns, and money hand, Of the r. ceives.
General of Pu5c Money, Collectors, Receivers of Land
Offices, Treasures and persons acting SUCH and 10
make full accurate, and faithful return to the Treasury
Department of their condition
SEC L. hid be farther enareI That the said off.
GERS respectively whose duty it is made by this
receive keep, ard dshurse the public moneys the
fiscal agents Of the Government may be allowed any
necessary Acknowledgements for clerks fire proof chests