Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-02-13
SEgICTEONS.
SUBSTANCE OF THE ACT FOR THE ES
TABLISIiMENT OF THE SUB -TREASU
RN. IT PASSED TIE UNITED STATES
A

RN. AS lFPASSED TIE DNlIEDSIAIES
SENATE.
Section l. Provides that Rooms in the new
! Treasury Building at Washington shall be fit
ted up with secure FIRE proof vaults aud safes Ion
keeping ho public money, aud for the aeeommoda-
/ lion of the Treasurer, his Assistants aud Clerks
which is declared to be the Treasury OF the u. s.
Sec. .. The vaults and The sales ,f The Mini and
branch Mint NJ New Orleans 10 be places OF deposit,
and tie Treasurer Of each TO have tie custody aud
care Of The public money
Sec. 3. Rooms to he provided in the Custom
/ House now building in New York and Boston lot
the use Of Receivers General aud secure fire proof
vaults aud safes Tor keeping public moneys sand
Receivers General to have the custody Of SAID rooms,
vaults aud safes, and the money deposited therein,
and TO transfer aud dlsbutse The same,
Sec. L. Suitable Offices with convenient rooms
provided with secure fire proof vaults aud safes 10
be erected NJ tharl, sion and St Louis; Receivers
General To have the custody and care OF said fire
proof vaults and safes AID the MONEY therein deposl-
tca-and also to transfer aud disbutse such money.
r Sec. g. The President, with ihc consent OF the
Senate, TO appoint four Receivers General of public
money, to hold thcir Offices for years To be
located Ia New York. one IN Boston, in Charles
ton, and the fourth III ST. LOUIS; all 10 give bond
with suielcs.
See. q. The Treasurer of the United States, the
Treasurer olihe Mint and several b,anch nlnts, all
collectors OF customs or Surveyors, acting collco
tors, all receivers general, all receivers OF public
neys OF the various land Offices, and all p stnasels
ftVhlcu 10 NET sdltlN, WITHOUT lnalllH, all money
collected by placed ~ their custody, ull transfer.
red OF paid out upon the order oi the proper officer
Of the Go,otnnent; and do all dues fiscal agents
Of the Government which, Congress the Treasury
Department nay Imrose-pny pensions and make
disbursements which auy OF The Executive Depart
, ments cay be requtrcdby law TO make.
Sec T. Trcaenter OF the United SiIes, Treasu-
sufcr OF the Mini and Sgdneh mint at New Orleans,
aud receivers general. 10 give bonds with snrelies ac'
z eorilng To the direction Of the Secretary OF The
Treasury, with lho consent of the Plesident aud
10 the satisfaction OF the Solicitor OF the Treasury
l Sec. ). Secretary oi the Treasury 10 require
bonds from the several deposares, created with such
surely shall seem reasonable and sale by the So
liCor 81 The Treasury
Sec. g. All collectors aud receivers in the District
of Columbia, in the clues OF Philadelphia and New
i Orleans, in the cities OF New York, Boston, Charles
ton aud 81. Lons, TO pay over all money TO the re-
II cciyers generator the Treasurer OF the Mint OF
branch mint, as often as required by the Secretary
of tho Treasury the Postn aser general, not less
c than once IN each week.
a Sec. 10. Secretary Of the Treasury and Posi-
J, Master General empowered in ihelr discretion to
C transfer oaey from any depository, TO the mint,
branch mint or either OF The offices OF the Rec eivers
b General and also Gom the ha DIS Of one depository
= 10 that oi another, as safety public convenience
may to them seem TOT require. Treasurer OF The L.
nlted States also authorized TO draw upon any de.
posltofy as he may huk conducive 10 public interest
. or convenience OF public creditors.
See. IL. An nnncy in repositories To be considef
ed TO the credit oi,he Treasurer of the United Sacs
aud subject his draft for transfer OF disbursement
Depostotles To make re utns to the Treasury end
Post Once Departments, shall be directed hy the
:. hcau OF these departments.
j. Sec. 10. Secretary OF the Treasury auhof1 ID to
= examine INTO accounts OF deposnures, and TO az
point special agents Tor this purpose with such com
l. pensation as lac may think reasonable. Agents &c
examine books, accounts, money on hand and til,
q manner IN which the same is kept, to secure
uniformity.
IF Sec l3 Naval Officer and Surveyor. Register
n OF Land Once, director and superintendent OF eact
i mint, aud branch mint every quarter, ofener. il
directed by the Secretary OF The Treasury, also to
examine the tonnts aud money of Receivers Gen
C eral, COLLECTORS, Receivers ot the Land Offices
aud Treasures, aud make ruurn Of such exaniina-
g ton to the Treasury Department.
n Sec Ia. Treasures under this act may be al
ii lowed by the Secretary OF The Treasury for expen
SEES for clerks, fire proof chests or vaults, or other
expenses OF safe keeping transferring OF dlsbutsng
: pupiic money; pToeidtd, the whole number oil
Clerks shall not axeesd ten, and tho aggregate com
pensaton exceed $4,000, rur the compe of a.
o ny one clerk exceed $500 per AMMAN.
Sec 10. Secretary OF the Treasury required to
e withdraw p9be funds hon' present deposurs, cslab-
o shed by this act.
e Sec. iG Mashas, District ATTORNEYS and Others
;. HAVING public money, TO pay the same to such de-
postory as shall lie designattd by the Secret ry OF
a the Treasury.
d Sec. IL All Treasures To keep mn entry of ca cll
SUN received atd kind OF money, and also OF each
payment or transfer, and kind OF currency. ANY
{ investment, loan OF other use OF public money by
ny Treasurer 10 be deeined nm enlkezzleiiebt and
d punished as felony and all persons participating 81
u advising thereto 10 be punished b, fine aud iaps-
: onment.
Sec. lo. Unii looms Offices, vaults and safes are
constructed, tie ), ereisry Of tile Treasury may re
e them Al the expense of The IT, Safes IN the Dis
lrct OF Columbia, Philad,phi,, New Orleans New
! Yorh, Boston, Ch.ll slou aud 81. LOUIS.