Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-10-05
EXISTING LAWS OF THE TREASURY.

EA1S llNt LAWS Of HE TREASURE
From The Neic York EreRing Post.
The repeal OF the Independent Treasury law and
of the Deposite Act of l-36 brings operation the
Act of I19~ establishing the Treasury Department
and the amendatory act of lS22. which repeats and
amends other acts conflicting herewith. The Urea
surer, by the law OF O. the receiver and keeper
of the public MONEYS as he was after the sus3en~ on
Of the banks l-3l when the opposition 20 the De
mocratIc party. charged so pertnaciously union
Of the purse and sword With what Justice that
charge Was made % was needless Tor IL now 20 say.
II dar ger ally 10 be apprehcndcd from a re-
vIval OF tie old Law. rcsuscitated as II by the
delinquency Of the Stae Banks. had they occurred.
i no fault of the then Administration. l. was
their endeavor to procure the passage Of aS for
the better security OF the public money. and they
resisted at every step, until lIua liz con-
summated oy he establishment al the Independent
Treasury. Pending the discussion Of this me ssure
OF Government finance the laws we quote below
were IN force as they now are by the repeal of that
important bill.
The following Is the section of the law Of l195,
which relates 10 the duties Of The Treasurer:
~. That Il shall be tie duty OF the Treasurer
to receive and keep the moneys Of the United States
and To disburse the same upon warrants drawn by
the Secretary OF the Treasury coun gned by the
Comptroller recorded by the Register. ant not 9th
crvise he shall take receipts for all moneys paid
by him, and all receipts for moneys received
by him shall be endorsed upon warrants signed by
the Secretary Of the Treasury wihou, which war
rant, signed, no Acknowledgement for money re-
ceived INTO the public Treasury sh Il. be valid. And
the said Treasurer shall render his accounts 10 the
Comptroller quarterly. Tor otencr if requircd) and
shall transmit copy thereof. when settled. the
Secretary OF the Treasury. He snail moreover. on
the third day Of every Of Congress lay be-
fore the Senate and House Of Representatives. far
and accurate copies of all accounts by him. from
time to time rendered to. and settled with tho
Comptroller aforesaid as also true and pc fleet
account of the state of the Treasury lie shall al
all times, submit TO the Secretary OF the Treasury
and the Comptroller, either OF them. the inspec.
ton OF the moneys in his hands and shall. prior e
to the entering upon the duties OF his office give
bond with sufficient securities to be approved bs
the Secretary of the Treasury and Comptroller II
the sum of one hundred and fifty thousand dollars
payable 10 the United States, with condition foi
The faithful performance of the duties of his office
and for the fidelity Of the persons to be by him
ployed, winch bond shall be lodged the office Of Ia,
Comptroller OF the Treasury of the United States.
/ The following is the amenda,ory act oflS22
~ L. BE II enacted, &c. That the second section
OF the act entitled, An act making alterations il
the Treasury and departments" passed the Sti
day of May, 1892, the second section of the act en-
titled. IAN act IT, alter and amend tho several act
for the establishment and regulation IF the Irea,u
ry, war, and navy departments. passed the 10th ia,
Of July, 1898 and the seventh section OF the act
entitled, An act 10 provide for the prompt settle
ment Of public accounts passed the third day @
March, ISIS, be and hereby are repealed from an,
after the 18th day of June. lS22.
~. That on the day and year last aforesaid. al
moneys winch may remain the hands OF tine lrea
OF the United states as agent Of the war ane
navy departments, shall, under the direction Of IN,
Secrct'r.es Of those departments, re-pee'YeiV. BE-
repaid INTO the Treasury. aud carrie. = tA. creli
ut the proper department. upon the books OF tn'
Treasury
= That al ,noravs .,....,.,rt,,,L 6 Ia. so -
the war and navy departments shall, from and afte
the day aforesaid. be drawn from the Treasury. bl
warrants OF the secretary of the Treasury. upon ia,
requisio OF the SecretaTie- of those departments
respectively, counters gned by the second Comp
roer OF the Treasury, and registered by the propc
auditor.
- /. That much of The said act of the Sd da,
OF March, 1917, as is repngnant by the foregoing
provisions, be and IS hereby repealed from and at
ter the Both day of June. I-22''