The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1840-08-20

AN ACT to provide for the Collection, Safe |
Keeping, Transfer, and Disbursement OF the
Public Revenue.
(ConcIttdcdD
SEC Is. .4ssd be it tisrthererlucted, That the
Secretary of the Treasury shall, with as much
promptitude as the convenience OF sths pubic
business, and the safety of the public funds will
permit, withdraw the balances remaining with
the present depositaries of the publcIaoneys land
confine the safe keeping, transfer ana dish rse-
ment of those moneys to the depositaries stab
lished by this act.
SEC iG. IND be it further enacted, TIL; It all
marshals, district attorneys, and others, hi wing
public money to say to the United States and
all patentees wishing to make payment & m pa
tents to be issued, may pay all such m oneys
TO the Treasurer of thc United States, at the
Treasury, to the Treasurer of either OF the nnts,
in Philadelphia or New Orleans, toeelther OF the
receivers-general of public money! on to sue 9th
err depostary constituted by this act as sh all be
designated by the Secretary of the Treas Try III
other parts OF the United States, toIeceivt such
payments, and give receipts or eertihcat es Oh
deposite therefor. ~,
SEC. II. find be it further enattni, Tn at all
officers charged bv this act with the safe ke ping,
transfer and disbursement. of the public me neys7
other than those connected with the Post Office
Department, are hereby required toiEeeP n ae-
curate entry of each sum received, and ~ the
kind of currency in which it is received OF each
payment or transfer and Of the kind of cum ;ency
in which it is made; and thatif anyone OF the
said officers or of these connected with the POST
Office Department shall convert to his,own u IN
any Veay Whatever, or shall use, by way of invest
1nent in any kind of property or merehlndlZe, or
shall leaSl, with without interest, any poruon
of the public moneys intrusted to him for safe
keeping disbursement, transfer, or for;Rriy other
purpose, every such act shallee deemed and ad-
Judged. to be an embezzlemert of SO mut'h OF the
said maneys as slall be thus taken, converted,
invested, used, or loaned, which is hereby de-
clared to be felony, and any officer ora gent OF
the United States, and all persons ad@s1ng or
participating insuca act, beingceaavicted thereof
before an; court OF the United States,sst com
petent jurisdiction, shall be sentenced tp5mprls-
onment for a term not less than Sax months, nor
more than five years and to a fine equaiito the
amount of the money embezzied-
3 SEC IS lind be it351ther enacted, Fhatlntll
the rooms, offices, vaults and safes, drectea ny
the first four sections Of this act, to demonstrated
and prepared for the use ofthe Treasurer OF Inc
United States. the treasurers of the MINIS at
PHILADELPHIA and New Orleans, and the receiV-
ers-general of public nancy at New York BIOS
ton, CharlestoS and st. Louis, can be construct
ed and prepared for use, 1T shall be the duty o.
the Secretary OF the Treasury to proe@fc salta-
BILE rooms for Offices of those officers at their re-
.spective locations, and to contract for such use
of vaults and safes as may be required ior the
sale keeping of the public, moneys in the charge
and custody Of these officers respectively, the
expense to be paid by the United States.
SEC. 10. find best further enacted, That from
and after the thirteenth day ofJnne, which viii
be in the year one thousand eight hundred and
FORTY the resolution of Congress Of the thirtieth
day Of April, in the gear one thousand eight
hundred and sixteen, SO far as it authorizes the
receipt in payment of duties, taxes, sales OF pub
lie lands debts sums of money, accrlling or be-
coming payable to the United States, to be col
lected and paid in the notes OF specie paying
banks, shall be so modified that one-fohrth part
of all such duties, taxes, sale of public lands,
debts, and Sums of money aecruing or becoming
due to the United States, shall he collecteddn the
legal currency of the United States and from
and after the tirtieth day OF June, which viii be
in the year one thousand eg hit hundred and forty
one another fourth part of debts, and sums OF
money! shall be So collected; and that from and
after the thirtieth day of June, which will be in
The year one Thousand eight hundred and forty
two, one other fourth part of all such duties,
taxes, sales of public lands, debts and sums OF
money shall be so collected; and that from and
after the thixtieth day Of June, which Will be in
the year one thousand eight hundred and forty
three, the remaining fourth part of the sad du-
ties, taxes, sale of public lands, debts, and sums
of money! shall be also collected in tho legal cur
rency of the United States; and from and after
the last mentioned day, all sums accruing, or
becoming payable to the United States, for du-
ties, taxes sales of pnblic lands, other debts,
and also all sums due for hostages, or otherwise
to the General Post Office Department, shall be
paid in gold and silver only.
SEC. 90. find be IL further enacted, That
from and after the thirtieth day of June, which
will be in the year one thousand eight hundred
and forty-three; every officer or agent engaged
in making disbursements on account of the UNI
ted States, or of the General Pest Office, shall
make all payments in gold and silver coin only;
and any receiving or disbursing officer, agent,
who shall neglect, evade, or violate, the provi-
sions of tiis and the last preceding section OF
this act, shall, by the Secretary of the Treasury,
be Immediately reported to the President of the
United States, with the facts of such neglect,
evasion, violation, and also to Congress, If in
session, at the commencement of its session next
after the violation takes place.
SEC. 81. find be It, further enacted, That no ex-
change of funds shall be made by any discussing
officers, or agents, of the Government ofany grade
or denomination whatsoever, connected with
an branch of the public service other than ex-
change for gold and silver; and every such dis
h,re;no officer, when the means for his disburse-
rnents Are furnished to him in currency legally |
race;yable ,,der the provisions of this act, shall
make his payments in the currency SO furnished,
~ when those means furnished to him in |
5rafts shall cause thosc drafts to be presented at
their place of payment and properly paid ac- 1
cording to the law, and shall make his payments
in the currency SO received for the drafts fur-
nished, unless, in either case, he can exchange
the means in his hands for gold and SILVER at par,
and so as to facilitate his payment, or otherwise
accommodate the public service and promote tne
circulation OF metallic currency; And it shall
be, and is hereby made, the duty of the head Of
the proper department Immediately to suspend
from duty any disbursing officer, who shall vio-
1.A~ h