Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-12-08

snectvc dc114iOurs, until otherwise disposed 1f &C.
rording 10 law; sul & shall b. the duty of The sad
/ Secretary % direct such payments by The SAID col
ecio-s anl receivers 81 a Ihe said places, AZ least
4 o often as once n each moath, aud as much more
4 frequently, n a cases as De, ia Dis discretion, may
| think pTuptr.
SIC. so. And De- l. further enacted, That Il shan
be lawful 1r the Secretary Of lhe Treasury TO trans
Ter the moneys ia ,hc hands Of any depository here
hy constituted. % dee Treasury of the United
States; to the Mint At Philadelphia; 10 the Branch
Stint al New Orleans; or % tie offices of either
Of the Receivers General al Pebble Money BY tins
oct directed 10 he appointed to be- there safely
kept, according to the provisions Of tLis aci and
also a. transfer MONEYS "a the banda of ony one de-
postory constituted BY the same, at his discretion
and as the safety Of ne pubic moneys, and the
convenience Of The public service shall seem to him
IN require, And for the purpose Of payments on
the public account shall b. lawful for the said
Secretary to draw upon any Of the said depostor-
les, as he may think most conducive 10 the public
interests, or 10 the convenience of the public cred
iiors or both
Section l. And be i further enacted, That the
moneys IN the hands, care and custody. Of any OF
the repositories constituted By this act, shall be con
stituled aud held as deposited TO tho credit of the
Treasuscs of the United States and shall be. at al
times, subject to his draft; whether made by trans
iersor disbursement IN The same manner as though
the said moneys where actually IN the Treasury of
the United States; AMI such depository shall make
returns 70 the Treasury Department Of oil moneys
received and paid by bin, at zach times. and in
such form, as shall be directed by the Secretary oil
de Treasury
Sec. y. And be il further cnacted. That when
ever public moneys shall accumulate in the hand OF
any depository constituted b. this act other than
the Treasurer of the United States the Treasurer
Of the Mint Of the United States, the Treasury of
the Branch Mint Of New Orleans, aud the Receivers |
General Of Public Money, to an amount beyond |
hat secured by The bond of the officer, or which |
he Secretary shall for any cause consider unsafe.
ma u sall not be desirable TO transfer the moaeys
% accumulated to any other depository il Shall be
awful for The said Secretary 10 direct the said mo-
eys or any portion thereof, to be specially deposit
q IN such bank Of the State or Territory, wherein
he depository who is 10 make The deposit is located
! he, the said Secretary shall select and name
foptdcd, The bank SO selected will npree 10 re-
eve ana Keep lhe moneys deposited with il upon
10 terms ind conditions IN the next section of Ibis
Ct prescribed
See. H. And he il further enacted That he +
)echl deposltcs OF the public moneys authorised s
the last preceding section Of this act to be made il
baQ's shall be made in the following terms aud !
'ndltons, and upon no other namely o
ISL ~ Suou ueppsites slal DC strictly SPECIAL u
poses; and The banks holding them shall be n
ohbted, ~ The most edtelual manner, from max it
Z any use OF the moneys deposited by way Of a
ms discounts or in any other manner or for any k
her purpose whatsoever, and 10 secure The fulfil it
aht OF this condition, the Secretary Of the Treas m
y u authorised, m his discretion 10 inrnish the I'll
hKs selected ms deposit banks, with safes for the ST
epng oil the public money exclusively and under CT
Jnilt control OF the bank and some designated sl
Ger OF lbc Government or TO adopt such other 81
ards as he shaI prefer. to
second Nothing but gold or silver, or such Al
~, nlls Or paper issued under The authority of
'hicd states, as may be directed by law TO III
received N payment Of the public dues, shall be fl
~ "r uePoSue, under the provision Of this act ca
n"G' AI depoSIIcs shall be passed, upon the su
IS Oh t'ie BANK, 10 the credit of tie depository NJ
dng TIE same but no moneys deposited in pur- r.
nee Of THIS act shall be Withdrawn without the b,
re7s order of the Secretary Of the Treasury for ST
payment and no drafts of the Treasurer of of
uhlted states or orders or warrants Of the III
rotary Of The Treasury or ordinary transfer or sp
lrsemcnt, shall be made upon any bank selected in
deposite bank under thus act. to
ourlh. A commission, such as shall be agreed M
= between tie Secretary of the Treasury and m,
bank moi N any case TO exceed per centl,n re-
The moneys deposited with it, shall be allowed ST
PAID ny The United States, in full satslacton
u c'allns on Tie part of the bank for trouble and an
growing out Of The receipt, safe keeping, and WI
yneht o. The special depositeS herein uuthoriz thi
. DC lhade all accounts for commissions 10 BIZ tie
ted and paid at the Treasury of the United hu
rs. Gel
&C. II. And he it further enacted, That in case ity
'ank within the State or Territory wherein The re,
Dsl'oiy, dlrecled to make deposes is located
eohsehi 10 receive the moneys OF the Govern an
u upon sPcclal depoNlte according to the nrepo- wi
conditions aud regulations, that it shall be nuglnl for
The Secretary of the Treasury 10 select some IN,
K IN an adjoining State or Territory, such An or
ne most convenient for the officer 10 make de. mi
aeS ana lhe pubic service; and in case no con h
'eh oahk OF tllher character can be found wilnr I
S o SVuh uePoSOeS upon the terms proposed 10y
Secretary may transfer the same 10 the Srcretn' ae
y lhe united States, TO the Mint or the Branch VII
u.s. or to The Offices OF either Of the Receivers &C
'tfal o. tubhc Money, as shall be most conven- io
70 the depository from whom the money Il "a
transferred or 70 the wants Of The public service he
eicreuce to disbursements. iss
zee. 10. And be i: further enacted, That the pr
relary OF the Treasury, shall be, and is hereby at
norlHtd 10 cause examinations to be made or liz
books accounts and money on hand of the sew Pc
repositories constituted by this act and for That wi
pose 10 appoint special agents, as occasion may Sc
80 W. SS"Dil compensation ms Inc may think
S'uau'' y oo hNed aud declared at the time OF &c
b appointment; which said examinations II IN nc
IS where The sum on hand usually exceeds thrco fol
US 81 me amount Of the officers bond shall We
be made less frequently, than once in each wear tn
as mnch more frequently, in those and all other Y,
IS Us the Secretary in his discretion shall direct nu
Agent selected to make thcse examinations b.
! DC instructed to examine as well the books. nu
cunts ana returns Of The officer, as the money CT
ANU aug 'ht manner Of ~ being kept, TO tic pc
that uniformity and accuracy in The accounts M
'ef as safety to The pablo moneys, may he So do
I'd thereby. sh
&C. 10, Aud be it further enacted, That in nd. oil
IN to tho examinations provided for in the las, ch
,edng section and as further guard over Inc for
nc moneys, II shall be the duty Of each Naval io
Ger ana surveyor as check upon the Receiver ch
,'la % punhc Moneys, or collector of Customs, he
her respective districts; of each REGISTER nf oil
III Office, as d cheek up)n thA R,c.;,,o. II IL. r.,