Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1840-02-21
From he Norm American.
WHAT is THE SUB TREASURY

question, we will state the substance Of each
section ofthe Sub Treasury bill which has
recently passed the Senate. We take The
sectioes- in the order which they stand in the
bill
l.. In The new Treasury building at
Washington, suitable rooms, and secure ire
proof vaults and STATES are to be constructed,
and are 10 be- the Treasury OF the United
States.
2 The U. S, Mint ut Philadelphia. and
the Branch Mint at New Orleans are 10 be
places Of deposit for tie publ money at those
cities. The Treasure, OF the Mint 10 10
have the custody ofthe public money deposi-
ted there.
g. 10 the Custom Houses at Boston and
New York. vaults Sc are 10 be made. and
receivers-g to be appointed at those
places 10 have the custody Of the money de-
posted.
a. Al Charlestonand ST. Louis Offices are
TO be built, with vaults Sc. and receivers gen
eral appointed.
5. The four receivris.geueral are TO be
appointed BY the President with the consent
ofthe Senate.
g. These receivers.ee and oil receiv-
ers OF public money with such exceptions as
are made in the billy are TO keep the public
money without loaning or using il, until il is
called for by the proper department or Off
7 Tbe Tec,.iv.rs.oeneral end Treosurers
above ner,;onsd ars,o dive such bonds MS
The Secretary Of the Treasury with the ad-
yice and consen, of The Presid.n, shall and
these bonds are IN he inore,sed or renewed
,yheosver tho S,.cr,,ary NJ The Treasury
Win IN. adv;c. and cons.n, Of IN. Prssid.n,
shall direct
3 O,bpr receivers of The public money
mr.. 10 he nIac.d und.r ney bonds according
n ,b. ;nr rsassd responsibilities laid IN Them:
and ,bsse bonds .r, n h. increased ,ybenev.
or !, NAV he rendered necessary bv an aeon.
mnla,;on If monev in their hands
Q Whenever he Secretary Of the Treas
urv or The Posi- Master General shall direct,
he va,;oos COLLECTORS and receivers Of the
n,bl;c monev in IN. District of Columbia
shall nav into the Treasury Of The United
S,a,es ,yha,eve, nonev i in their hands. &
in The c;,;es NJ Roston New York Charles
ton and s., Lonis ali subordinate receivers
shall nav into the GREAT receiving Offices a,
those no;n,s whatever money is in thei,
hands wbansve, ,bs same order Is given
Ths S.cret,rvond Pos, Mas,er General mr.,
r.o,;rsd 10 4 ;rec, ,ho, his nav,,en, he sinh
ord;n,,e ,..,.;y.rs sball h.. mad. n, Iess, a.
ofen as once n ,,..k and ,b,.v NAV di,ec
;, ~ n. made ne much more freousn,lv a,
l,hev nlease
Ia The Secretary of the Treasury ma,
transfer The money from one of the reeeivine
Offices 70 anv o,ber whenever he nleases {
The Pos, Master General is also 10 have III,
same mower So far MS lis exercise Is consis
Ion, win ey;s,;,g laws All accounts rela
limo N The posi- 0fic. D.nar,ment are 10 h,
Ken, s.naralelv from ali olhrr accounts,
II Xii monies in The cns,odv Of The vari
ms receivers ar. 10 h. subi.c, 10 The drah a
The Secretary OF The Treasury. and return,
sb.iI be ,naj., from no of;ces of d.nos;, !,
he Treasury and Pos, Office Denartmeo,
rs the beads oribose Dsnar,,nents shall di
rect
70 The Secretary NJ Tho Treasury ma,
canse the accounts sc of,he receivers 10 h
examined whenever he thinks nrooer +,
snsri,i o,en,s onno;n,ed f., ,h,, pn,nose h,
N. Secretary and ,b.;r con,nsnsa,ion helm,
I'D hr h;m =, H., in. ~ .pnn;n,n,s,,
~ Naval officers and surveyors regis
l,crs oftbe land Offices directors Of The Min
Sc rean,borized to examine The account
Of receivers Their several denar,ments q
o6en as once a quarter. md o6ener il In
i Secretary Of me Treasury shall direct. an,
renor, ,otbe Treasury D.oartmen,
/ Ia me receiving officers NAV be allow
ed additional expenses for clerks. FIRE y, DOL
g. g. win tb, consen, of he Secre,,,rv