Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-12-28

discharge heir duty or such Gums ard in such man.
arr rs the Secretary OF the Treasury shall direct
And each ct said Commissioners shall receive aa
annual salary Of---doilars.
Sec. ,. Aud BE- % further enacrcd That the said
Board ut ESrhcquer shall have rover To establish
agencies 0fircs M such Of the cities or towns Of
he atcs aud Territories Of the United Sales rs u
Gay judge expejirninot exceeding t,vo IN any State
or fouIipy. AMI also wherever Congress may by law
~ quirc The same 90 be established and such officers
amt agents as may by the Biard of Excheqner be
ih"ugh' necessary tor The management OF such agen.
cies and the iransacton OF their business shall ne
appointed by the Sccr,tar Of the Treasury ON the
recommendation OF tho Beard shall have power ,o
INK the amount Of the respective compensations uf
sch oihcers. and 10 provide regulations for the gov
eminent OF such agencies the transaction of their
business and The rendering accounts of oil their pr,
eeedngs And IN such regulations they shall ~ as
sign and arrange the duties OF the oficer- of the
sad agencies rs that Of ihpse officers shall be
cl'sck and control upon The Other anu Gar that pur
Psc they shall require that the accounts aud pro.
eeedings Of each shall be entered m proper books.
And any of the officers of the sari agencies may be
removed by the Secretary of the Treasury OF phvi.
cal inabiuy or inc.smpsiency. neglect or viola
ton OF duty, but shall he his duIy 60 state every
removal OF any principal nflicer OF any agency with
his reasons therefor his general annual report of
the transactions OF the Bu0rd at EIchequer
SEC. q. And be ~ further enacted, That the said
EHcheqner and It's officers shall be the agents
OF the Government ofthe United States Cor reSeiv-
ing, saiekeeping. and d,sbursing the public moneys
j and Transferring and transmitting the same under
the direction OF the Secretary OF the Treasury; and
all public moneys received from whatever sources
shall, under the same directions. he paid into the
SAID EHehequer or It's agencies; and the princi pal
TOiticers employed IN such agencies shall give bonds
To The United States Coz such amount and in such
hun as the Secretary Of the Treasury shall pre-.
IlfsHr IN I'll a.. Il
Aud the said Board of EKchequer and its several
agencies shall pay all warrants. drlfs, or orders
wade thereon by the Treasurer of the United States
and by all dishursng officers and agents of the
lGoveu'ment having authority 20 make such drafts
or oniers And every surh payment shall lac made
al inc option OF the person entitled 10 receive a. n
gold and SILVER COIN in Treasury notes
SIC q. And be il further enacted That the said
txchequer and MS officers shall perform the duties
OF Commissioners of Loans, in receiving sulscTp-
lions, Transferring stock. aud paying dividends aud
interest thereon, under the direcins of the Secre-
iary OF the Treasury, and shall render he Trea-
surer Of the United States all necessar ~ facilities for
transferring and Disturbing the public funds rs
shall be required by him, and shall ne rforrn all the
duiies of pension agents under tho regulations pre-
scribed by the Secretary Of War. mud shall render
and perform all other duties and services IN relation
to the collecting, keeping, and disbarsing OF the
public funds shall he prescribed by law or by thd
I'e'ioaStI VI ilt treasury.
SIC. 5. And be il further enacted That il shall
be lawful Tor the EXchequer at the Seat OF Govern
meat and ITS several agencies. receive private
dePsiie gold or silver coin bullion. the property
OF individuals, be held as in other cases of de-
pnsiies made by individuals for convenience and
security; and TO issue certificates Ofihe fact OF such
deP'site having been made; which certificates shall
always be redeemed on presentation at the agency
where issued But the amount ~ deposited shall
never exceed Ia The Whole fifteen millions Of dollars
10 he distributed by the Board among its several
agencies according 10 the ui their business
respectively; and for issuing such certificates M
higher premium shall be demanded han shall be
sufficient to indemnity against the hazard OF loss
and remuneraie for the saie-k ceping the depOsic.
and ~ no instance 20 exceed The unc-haf of one per
cent But paper issued by the Board an4 its sever
al agencies whether ia the form OF bills or OF CERT.
hraics OF Seosile. shall be redeelnablc only al tho
place whero Issued. unless the Bard shall see
| cause 10 order Otherwise.
| SEc. q. And be IL further enacted, That II shall
he The duty Of the said Board of Exchcqucr, within
ihrre months after Its first organization, 10 establish
such bylaws and rules Of preceding rs Il may Judge
e1p"dieni aud proper Tor the regulrIiun Of ITS con-
Germs aud The government ct its agencies AMI copies
oi all existing bylaws aud regulations shall bo laid
before Congress every year al lis annual
| siOh
SEc. Z. Aud he il further enacted. That the
Secretary Of the Treasury s hereby authorized and
directed To cause % be prepared Trva Jury notes al
denominations not less than five dollars mol excee,.
ing one Thousand dollars, wl notes shall be sign.
ed by the Treasurer Ct The United States aud cbun.
tersigned hy tho President of the BIard Of Exrhc-
quer, and made payable The order of the princip
al agent al each agency, and shall be by HIM enor-
| sed when issued at such agency, and which notes
shall be rcdeemable aud shall be redeemed in
| gold and silver, on demand, ct the agency where
issued; and Treasury notes intended 10 be issued by
the Board Of Exchcqucr at the scat Of Government
shall be IN like form, and shall be payable TO the
order Of the Commissioners, AMI shalt be endnrsed
by some one Of them when issued. and shall be re.
dHemable and redeemed. at said Board on demand
IN gold and silver; aud and perfect lists of all
i mites 80 signed shall be kept al the Treasnry;an
al Treasury notes issued uidcr the authority of Ihs
act may. when redeemed, be rc-issued by the Board
| and its agencies respectively
| SEC. g. And he IL further enacted That Tho n
mount OF Treasury notes issued and outstanding
shall not, at any one time. exceed the amount Of
iccn mlllIDns OF dollars, unless Otherwise ordered
or provided by law, aud tho Secretary of the Trea-
sury Is authorized from time 10 time on the appli.
Gallon Of the Beard Of Exchequer 20 furnish fIr its
nwn and that Of lis several agencies a snitabe
amount Of such notes To be used in the Transaction
Of us business; and all dues To the United States or
any officer or department thereof, may be paid in
gold or silver cntn, in Treasury issued under
this act IN the of banks which shall I've i'm
mediaiey convertible into specie al the place where
| received
Sec. 9. And be it further enacted That the
Board Of Exchequey At the Seat Of Government and
each Of us agencies shall seulo weekly. or ofcner
Wuh all banks ia their neighborhUud " hose paper
hey may have received. and pay or collect as the
case may be. oil balances between il and sad banks;
and no individual shall be allowed Of any tune 10
stand debtor TO the ExchequeT or any Of its agen-
ccs accouhi and it shall be the duty Of the said
Board Of ENchcqnor, aud each Gifts several agencies
AT all times, to limit lis issues that s gold and
silver ON hand shall be equal 10 One.lhird the a.
mount of such issues outstanding.
Sec. 10. And be il further enacted That the said
Board Of EEchequor may draw bills or drafts on any
Of Us agencies, and may authorize may neency 90
draw bills rdults on the Board any other ager,-
cy, nnd may sell and authorize its agenclss 10 sell
such bills drafts Gtr n urofniun moi ~