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

ni Use pubic moneys, and cuHiIc Die saie-ketD-na
/ transfer. and disbursement Of u.ose monevs t5 III
/ repositories established by this act
/ SEC. 10. Ind Be 70 further enacted. That al
/ Marlas, District Attorneys, aud others, havir.
! public money 20 pay % the United States
/ and oil gatentees, wishing 10 make payment o
patents 70 b. issued, may make payment Of al sucf
/ MONEYS 10 lie Treasurer OF the United States al
/ the Treasury, 10 tie Treasurer Of either of thf
/ MIn's 10 Philadelphia Or New Orleans, 10 either 81
the Receivers General u Public Money, or 10 such
other depository constituted By this act as shall Be
| designated by the Secretary of the Treasury. IN
other parts Of the United States 10 receive such paw
nenis, and give receipts OF certificates Of deposites
therefor.
SIC. 30. Ind be IL further enacted That all Off
GERS charged BY this act with the saie-keeping,
transfer and disbursement Of the Public Moneys,
are hereby required 10 Keep an accurate entry Of
each sum received, and of the kind OF money in
which il is received, and Of each payment or trans
fer, and Of the kind Of currency IN which II is made;
and If any one Of the said officers shall convert 10
bis own use. IN any way whatever, or shall use by
way Of investment IA any hind of property or
merchandise, Shall loan, with or without interest
any portion Of the public moneys entrusted TO hin
for salc-kccpng, disbursement, transfer, or for any
other purpose, every such act shall be deemed and
adjudgci 10 be embezzcment Of so much of the
said moneys as shall be thus taken, converted, in
vested used, or loaned which is hereby declared 10
be high mlsdemeanor and any officer or person
convicted thereof before any court of the United
States Of competent jurisdiction, shall be sentenced
TO imprisonment for a term of not more than five
years, and 70 fine equal 10 The amount Of tic mo-
ney embezzlcd.
See. u. Iad be u further enacted, That in order
to avoid announcement or injurious accumuIaons of
gold and silver IN the hands OF the repositories OF
the Government, 1t Shall be the duty Of the Sccre-
taY OF the Treasury, whenever the amount of mo- |
neg IN The Treasury Of the nled States and stand
ing 10 the credit Of the Treasury, in the hands of
the several repositories shall exceed in amount |
SiOO0,000, TO invest the surplus Of such moneys |
IN securities bearing an interest and issued upon The
Elith and credit OF the United States, or of some
me OF the States Of the Union; in all cases Of
nch investments as selecting such stocks, or secur-
Ties as are transferable by delivery or assignment,
nd from the rate OF interest PAYABLE the time or
ines they may have to run, and the prices thew
nay bear N the market, shall seem TO him best 10
nswer the purpose for which the investments are
necled, aud at no time paying more than the cur
'hi value ~ TIE market for any such stocks or
acurttcS. Ana whenever the amount of MONEYS
the treasury, and standing to the credit of the
treasurer, shall be 50 much less than the saiJ sum
S1,0OO,000, as 10 Indicate to the Secretary that
nc moneys invested, orany portion thereof will be
'quFed for purposes of public disbursement then
shall be hS duty to sell such portions Of the stocks
M securities purchased as may be neceesary to
'eP lte balance OF money in the Treasury cuual 10
wants fr0c'ded, ! hat IN all investments to be
adc ~ obedience TO The provisions Of this section.
G sad Secretary shall e0nlne his purchases Of 5
lcks and securities, issued upon the hith and
edit OF any State to such as have been actually is
ed by the State, and shall not be at liberty ia
bscube Tor, or otherwise purchase, those PROMISED
DC issued and not IN actual existence, as stocks
d securities in the market
Sec ", IND be u further enacted, That mill
rooms Offices, vaults and safes, directed bv The
st, third, fifth and sixth sections of this act Ia be
Instructed and prepared for the use of the Trcs.
rer OF the United States, the Treasures of tho :
nis at Philadelphia and New Orleans. and the
'ceNcrs General Of Public Money at New York. 5
'Ston, Charleston and ST. Louis, can be con- i
ucted and prepared for use it shall BE- the dutv {
tue oecercry OF the Treasury 10 procure sui,a- 7
rooms or oIllceS Tor those officers at their re- &
eeilVe locations, and 10 contract with such banks {
corporations or individuals. as may be wilino s
contract for such use of their vaults and saSs ~
" he required for the saie-keeping Of the public l.
'neyS IN The charge and custody of those officers n
pectVely the expense to be paid by the United i
ltes.
Sec %. ind be il further enacted, That from
alter The thrly-hrst day of December, which
he IN the year one thousand eight hundred and
rtv-eight, the resolution Of Congress of the tbir
b day OF April, in the year one thousand einh q
ndred and sixteen so far as it authorizes the re-
pt IN payment OF duties, taxes, 81 les of public
OF 'ne unlled states, as may be directed to be u
tlVed by law N payments Of the public dues.
Sec. 81 IND be IL further enacted, That fon,
1 after the tllyiV first ,l,, 81 II. |
! re IN The year one thousand eight hundred and A
ty-three, every officer or agent engaged in maxi
disbursements on account OF the United States 81
OF IRE General Post Office, shall make all pay. |
MS IN god and silver CON only, or IN such notes, c
IS or paper issued under the authority of the st
lled States, as may be directed TO be received Il
law; ana any receiving or discussing officer. or Il
ehl who shall neglect, evadc or violate. the pro- p
'ohSol hS aud the last preceding section of this d
/. shall De dismissed from the service, and shall h
telt all compensation then due to him
80 20 Hhd DC Il JHrther enacted, That il Shall
'oe.do'y OF the Secretary OF the Treasury to
nc and publish regulations TO enforce thr snscd,
eSehta'ion oil all Government drafts for payment =
the place where payable, and to prescribe the
ne according to the different distances of the de- 4
STORES from the seat of Government, within ,,
hcn AZ ura'ts upon them respectively shall be re c
lled Tor payment which he may deem propcr. \
See, 96 and be u further enacted, That The Re. Il
Hers General Of Public Money directed by this q
to be appointed shall receive, respectively, the i
ewing salaries per annum, 10 be paid quarter :,
lry, at the Treasury Of the United State 10 vii, N
: Receiver General of Public Money at New NJ
nix shall he paid salary Of --- dollars per mn =,
M the Receiver General of Public Money NJ n
son shall be paid salary OF 49, dollars per an :,
m; The Receiver General Of Public Money NJ =.
arleston shall be paid salary of - dollars II
annum and the Receiver General Of Public u
,ney at 81 Ions SHAH he paid salary Of - Il
ars per onnun; AMI these salaries respectively, g
" oe IA iui ior The services of The respective ST
GERS, hor shall either of them be permitted n n
'rge, receive, any commission, paw, or perouisite u
any Official service Of any character or descr,p ~
? Whatsoever; and the making of any sucb ~
urge or The receipt OF any such compensation is -,
eoy declared 10 be miSdemeanor, for which the Il.
GER convicted thereof before any court of fhe .,
nf, |