Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-12-25

officers and agents as may by the Board of Exehe.
qier he thought necessary for ths management OF
soch essncies, and ,he u,rsteton of their business
shall be aprc'-'>d by the SeeIc' ary OF he Tressu
~ on the ofthe Board ri Exehea uor
| 'ndthe sid Board shall have power 10 hx the amo mt
~ the respective c'mpeus,tJn far such officers and
In provide regulations for the government of such
agencies the transaction of their business and the
rendering accounts OF all their proceedings. And
~ such regulations they shall assign and arrange
the duties oi The Officers Of the said agencies Ns that
one oi those officers shall bs check and control
upon the other, and f,r that purpose trey shalt re.
quire that the AID ~. ceednss OF each shall
TIC entered IN prup,r book. And any OF the officers
OF the said AGENCIES may be removed by the Sscre-
t'ry OF the Treasury Tor physical inability, or IN
competency, or neglect violation Of duty but u
shall re his duty to every removal Of any prn-
c'pNl o:hcrr of any agency with his therefor
IN his general annual report u the transactions OF
the Board Of ESchcquer.
SIC s. .fndb Be Il fariher enacted, That the slid
ESrhequer and its officers shall I've the general
agents OF the Government of tho United States Tor
rccci,ing saie-ktep'ng, AMI dishurSin. tho public
mpHcys, ard transferring and trlnsmit in. the
s,me under the direction of the Secretary OF the
treasury; and all public moneys received, from
whatever, sources, shall, under the directions
I've paid into the said ESchrpuer or its agencies ard
ths principal officers employed ~ such asenc rs
snah give hon's To the United States fSr such
amount and in such form the Secretary OF the
Treasury shall prescribe tor the faithful Performance
q F.NrnruvgE
aud rs several agencies sh Il pay oil warrants,
drsis or os''crS made thereon hv iLc Treasurer of
the Unned States. and Ivy all di.hursuy Offices
aHn agents ~ tue Government. having authority TO
make such ur'tts or orders. A "a every such paw
ment shall 70, made, at the option o. the porsan
enuued 10 receive IT, N gold an SILVER coin OF ia
| Treasury notes
Sec 4. .iai be IL Jrth,r enacted. That the sand
Exchcquor and is officers shall perform the duties
~ Commss'onsrs OF Loans IN receiving suh,rr:n.
lions, Transferring stock, paying ,lv denu> and
int"rr-: the cor, under he tigeci uns OF ia. Sec,e
~ "' 'he Treasury, and shall ren,er IN az. rre.su
rer 81 ia" United SAFES OFT Necessary f,ciIiIcs for
Transferring rnd dsSursrs IL. pubic funds as .h an
NC required " hin, and sail pcT,iir all the duties
81 p."s'on asen;S under che atoms prescribed
10y the Secretary Of War anJ sh a., reader and rer-
form all Other dui es ard services IN relation 10 IN,
! co'ec"ts, Keeping, ant dlsnur>iug OF the nupc
iu'ds dc shall I've pr SERTED by Ias or by tbr &.
| cto,aSy OF he Treasury.
SC >. .iHf 6,u Ju't Their e.sd That il shall he
| 'iWiu' .or the EAch-gIer at va Seu eli C:nvnro.
nen'' a"p ITS s,stsn! aserce receive on private
urpNs'te gold ar liver con or bullion tn. nr,r.rtv
Z" 'huNlihh's Z" nc u u as IN o,her cases OF ucpn.
sites made 10y Individuals for convenience and seen.
my; ami u >.us certificates of the tact Of surb a,
Io'i'a having been made, which c,Tt'S.,te. sh, nj.
"'ys he reiItmrd o. p.e>cnia, ION at the agency
| She'e issued. n the amount 50 deposited shall
never exceed u" The Whole fifteen NIL inns OF dollars
| 20 Dc distributed by the B''rd nmons Us several
agencies, according 10 'hU en- Of th,ir h,,p,. {
| -rsp-cuvrly; anu for iss.in. slch rert,hc,,S no
higher premium snail be demanded than shall Lr
sHHl'leh- In indemnity against the h,2l 4 vt ,ss
'nI 'efhuneraie Tor the safe fe,p'ng the dcposi =
anu III NJ instance Ia exceed the half of orr
c4n'. Bu' paper issued by the Board and lie ,ey,
raj agencies, whether IA the form uf b Is ar of CO. H.
hcates of deposte, snail ne red enable only az th.
place where issued, unless The Board shall see cause
10 order Otherwise.
Sec. 6. .iad bsu far:ls, er,e,,S rb,, shall bo
the DUTY OF tEc SAT- Slrd ri + neouec ,S,,p,n
three months afeT It's 6rs; organ sticn 10 es,.bsh
'nCh NV avs and RI es of Proceeding as It NAV
liase eNpedc"; end proper f1r the re.u',,i,n n. s
cnnce'n-, nrd TIE government OF ~, syenci,. = nj
copies OF all existing hy-i,ws aud regulations sn,tl
cs-s on.
Sec. I. .ind he it fu-.h.r euat.d Tha, The s.cro.
'''y oil the Treasury IS hereby au'horiz ID and ,i
rec ed TO cause to I've pTep,r d rrel.ury notes n.
denominations not lees than FIVE dollars nor ,x,eed
S ""e ''"nSanu dollars, which notes sin II be sis
81 ny me IreHsIr-r OF the United States nd coun.
'e'S-heG ny the Pres'dent OF the Beard OF Eycne-
qlrr, ahd made payable to The orde- Of m, u,,nc,
90 agent at escI agency, and snail be hy linn on
dorsed When issued at sus,i rrency and ub Oh
o.s s"i'' DC fecee 7'ole Ant sh,i bc redeemed in
Sod ana SILVER on dem and al the agency VIII, r. M
81 arc treasury no-s intended To De ssuei Nv I'M
| - i n o. ENchsguer Ut the seat of ,;oy-,om.n.
81 M DC W IiSe iJ-rn. and shall I've payable tn me
uc' OF commissioners, and shall be endorsed by
s'''' . lS o mem "btn issued ami shall be redeem.
aHle Tni rece med, AZ SAID Il Iard on drm,nJ IN
gold aud sTr'; and cXacl and ne. feet is. M, ~,
no IS 50 signed 81 ' ue KEEP, 1t the T,easu.y ami
all lTe'suiy "oes Issued under the au,hnr,v f thi
~ '"iS' VIC" r a-"'nc be re Issued by the Board
AMI IL TS'nc C. respectively
Sec. ). Ind he Il further esaef,f Tia, The o,o.
OF iieasury notes Issued and Standing shall M,
al HnY one TINE, rx,ecj the amour, OF fifteen nil
''""s o dollars unless otherwise ordered or provided
ny Ia" aud the SCcse 'ary Of tl. Tressurv ia 49,,
tnorzsd from ,rine TO lime ON The ,,I,.,,'o 81 ,t
poafd OF fIcheq Ier, 10 iuGnsi for : own use ara
ma % several agencies Il suitable amount of such
"o'sN, 10 ne USED IN he transaction Of rs business,
Anc 81! dues TO the Uniei S.atss or any off -er -,
department. thereof may be PAID m gold or sijvs,
CON- IN Treasury notes issued un1er this net or IN
hs notes Oi banks winch snail he ian mt da,ely ron
VeT,i le INTO specie at the place when received
SEC % mad BE- nJgrhsr snae ed That the 30 ,rd
"l Eheh'quer at tic seat Of Government ana each
OF Hs agencies shall settle weekly Or nf nor ,i l. -
odnhs IN Their nelshhorhoOd whose Oh per they NAV
nave received, ard pay collect AZ the cas-. maj
De, all Distances between 1t and SAID banks and M
i.I,'I'ua' sHa, oe allowed at any time to stand as
ueo'or TO ne ERcheqGer any ofus agencies IN nc
count, and It snail he the duty Of the s,iJ B,ar NJ
Efchtqusr and each e it, ssveraIagenci-s Al ali
tunes 80 10 limit Is issues that rs 20 and s'y.r on
nlu" sh' O- eq"a to one ih'Ed the amount Of such
issues outs andng.
Sec. 10. And be Il further enacted Tint m. aid
board Of EScheqUer may draw bills or drafts on !
any OF ne nsercies, aud may authorize any npencv
20 d'a" bills o. drafts the Board or any Other
agency, and may sell and author z. ,is nr,1ri,s 10
sell such bills drafts Jr premium NO, ercr.doc
tie I- Cos! VI remit ing sp-cre TO the mace Of nv
men, am IN 70 case 10 exceed two per centuG, On
Tie AMOUNT Oi srcn iul or dor.
Sc. ". .3HdLe 6iSthlT snact,d That il sb,rI /
be awful Tor sHt BOIrJ o. EEch, quer and each of (
us ag-fc'es 10 purchase domes &c Uus Of excb,nro
s"'Jsc' 10 Inc io''o"Ing rules and REGULATIONS:
}. No bill OF exchange shall be bought which "a
p'ya'i- IN the same St'tcor Territory IN which il
" drawn, nor any hIl psyape wi.nIn les than -
miles ui the place of drawine
z hnls drawn on places not more than fv. hun.
dfei miles distant from the place Of drawing shall
not be drawn lora longer time than thirty ta va from
o 'icj ana bills dawn on places more than Il =, bun
ure1 H"cs from the place Of drawing shall not he
Drawn 'or longer lime than thirty days form siyIt
5. In no instance shall more be demanded INN
the seller of such bill, 10y way Of ioter.st oyeY
change, ih-n an interes not exceeding s,T DER cent,
per annum Tor the time which the said bt'l has IN
run, hnj rate ofeKchaugo never exceeding the cos,
OF renting spscie, md IN case 70 exceed i've
nor cont IND shall not he lNwGlIl for the r mr. NJ
ESchequef or any agency. % purchase rny bill
drawn Jy 90 upon any member ~ officer thereof or
m winch such member or officer shall 10 nv usy be
INTERESTED; nor - receive my deposite on snv mo.
n"y belonging ioanY such member or officer. AnJ ro
bill IN 'li be purchased draft sold Of any agency
without the assent OF at s,st two Of the offices ~
scch ogenyi nor by the Board IF EIchsausr without
Tue assent Of two at Us members.
Sec. ~ 14dbs t. further enae',i. That m ,,.,.
cY established IN any S.e unisr tie PROVISION, nj
this act shall contrary 10 any low when such 81 #.
may enact receive any o.bcr depusitss than those
OF 'he Unted States, or mike or sell drafts or nur.
cn0'e bis, other tn such shall be neces,,rv in
the c'lccu)n, ranslcf AMI disbursement OF the pJ-
iic funds. '''