Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-02-24

Of national paper circulation a.. ,,,.;os.s of
& The aestommen, ins'c"n"iS 70 we .,,,n,i,n
,hc Tr.,.ury and within HE i''y ~ 'he
of inn. fl, On tue people at 'he U ,
IL common with the lndepnde't treasury;
- 49, M, enrust the con.,o Of the public !unoS
or of the currency 10 an 'rresp'hs'o'e P''a''
ilon "a. ,,,hrc nancy TO ,udiv
duas. m .xoess;ve issues md
D. :. Use cash payments For every paper eagle
on The wing, II has q gold eagie III manu-
a II is independent o. all nanks' - :,,,
;, ,.nanc,. ,l,s business Of the Treasury WITHOUT
~ r. recurring ior AID 10 tie creatures OF Tue
Legislation Of tn S'au'' , ~ IF manor ALWAYS
e Ry Tip use Of c,hes com only, or OF Pape' 49,
eorvairn, 10 coin, Il follow. 'ne true sp'I'' VI @ Stan
s,i,u,ion in the uanennnI OF The legal money stan
dard. =. a.. ..., ~ ro,cress IN
repea or amend II Of pea ...,,; ,b;s
The President Of the VI "a STATES IN P'esen,"s ~"
uan n Congress- has obc!"d me lnJunct"h o' 'ne
,;,n,,an uI,cb reua;res Inn 10 recommend 10 lhe'r
's,. .rch measures az he shall judge necessary
nd s,naden,. he has fully redeemed the engagements
nc rssuac, which he Dad previously made to ton-
.nd thus he has aiihfnyy discharged his whole
~ Constitution and the Union The con'nitlee'
while animated by the h'shes. respect ,"l "'o ,a 80
500 Va, deemed il due 10 him, 10 themselves, 10 Inc oc
,so9 and 10 the country, 10 give those views iree
d rnbass. e. animation They have done So ana' !"
so doing they have also discharged Their ouy mrs
,rIl, submit The result In the House IN lie Dbl ht'e
u,h r.nor,ed They believe this measure 10 c"n'a'"
,ha l.rso,s of useiulnesA ard public good; anu, as
snoh ,h.v recommend il tSihe House. But they its'
mn n,;d Of np,nion concerning II; md, u I'D error
,bav ,,e ready 10 follow The lead ni ocuef ngns' "
h.e, ,here be- from other quarters, being anxious ony
- munster 10 the welfare ci the people whom they &c
present 1t remains now Cor Congress 10 ACT III 'ir
,,,-,: The country demands that VI so"e WY W."
ac,; and the times appeal 70 Us 'o act WIN
Nth moderation, with importantly, WIN independence
81 i,a nnt.n
Long enough the question Of Tue ha''o"a'
been the sport of passion and The battle cry Of parry
Fore,nos, Of oil things, the country III order 10 feco
yer itself needs reposc and order Tor us materai ~
,eres,s settled purpose in TINT respect (wha, u
shall be is Of less moment ut at any Ta'e some
ourpose) on the part Of the Federal Government IL,
careless oil names and soctons only for things, aiming
beyond all intermediate objects TO The VISIBLE marx o,
The uruc icabe and atianabe good-f Congress snail
IN lis wisdom concur Mt length IN some equitable oo-
ustmen, of the currency question: It cannot IAN 10 oe
serve and secure the lasting gra'luoe Oh tue PeoPe "
the United States.
Mr. CUSHING then read the bill, as follows:
BILL amenda,ory of the several acts establishing
the Treasury Department.
Be IL enacted IN The Senate and House OF RepreSen-
taees of The United States Of America IN Congress as
semJ,d That there shall be and hereby is created and
established in the Treasury parment, al the seat OF
Government of the United States Board to be call
ed the Exchequer Boar Of the Unneh states, 10 De
composed OF the Secretary OF The Treasury Tor Tue
4
the time being, and one COMMISSIONED 10 he appoint
ed by the Preside OF the United States, with the ao-
vice and consent OF the Senate the SAID Iomms'
soner to be appointed iur four years anu nelther ne
nor the Treasurer OF the United States shall be re-
moved from Office, except Tor ihysco disability, IN.
competency neglect, cation ot cutv: anu, IN
case of uny such removal it shat! De the duty o! The
President Icy The thereof before the Senate;
and the SAID shall ece':" nm annual sa
larry Of ihousan. dollars uud he Secretary oil
~ el,allp tt.. nf
SEC. 2 Ind bc II fuTfhcr n"ie6, That SAID BOARD
NAV establish areo u;iict: - United States
moi exceedn. ten 5" ~ ale and coe vi SAID agen'
cies offices shall he ctauah nj he CITY Of bustnn
in the Slate Of Mossach se:', "ne n the CITY OF New
York, IN the State Of = tIr>, one al the city Of
CITY of Charleslou in lie STAT II soth Carolina and
one the city Of Orleans "A he State OF LOUISIANA
and or all the other agencies or Offices
necessary for the public sersicS may be established
from time TO time such other place or Places as SAT-
Board may deem expedlent; and II may change The 10
cation thereof at intervals Of twelve months, as tht
public service may require for the transfer or safe keep
ing and disbursement of the public money.
SEC. g. and be it further enacted That for the sai'
Board there shall be- principal clerk, with salary
- dollars per annurn and register. with salary o
- dollars per annum; and Tor zach agency or Office
said Board to be established nor.sa'd there shall III
one superintendent, with salary Of - dollars pc
qure ii, clerk for each su r,cndeS,, with salary
- dollars per annu,o, a clerk jor each register
with salary of - ea per annus,; and the SAID su
pernenden, and register II be appointed by the Pre-
sS s y sss ss a"1 %.
power appoint the said clerk; end The said supern
tenden,s and registers shall he appointed nr four years
and may BE- removed By The President, Of the U. s 70
physical disability, or nconpeency, or neglect, vic
laton Of duty; but all at removal The reason
therefor shall be laid befnc the Senate of The u.
And the Secretary Of The TAasury shall have power, il
il shall he found neceary a, any Of The agencies
10 appoint temporary clerks. not exceeding in tn
whole for The lransacton ~ the business Of said boar
and its agencies subject 10 The supervision OF Congress
with salaries rate not exceeding dollars pc
unnum.
SEC 4 find Is II further snaeted, That The Exche
quer and lis officers shall bc gene raj agents of thu
Government of the United States for receiving, saf
keeping, and disbursng ,he> public moneys and trans
ferrng and transmitting the same under The direction
the Secretary Of the Treasury and all public money!
received from whatever sources, shall, under the
direction, be paid into the sad Excheuuer or its agen
cies to the order Of the Treasurer of the U Suites
And the said Board of ExchyqueI and It's several agen
shall pay all warrants, drafts, orders thereon
The Treasurer Of the United States, and by all dsburs
ing officers agents of the Govrrninent having au
thorlty To make such drafts or urdrrA And The sale
Exchequer and lis officers thal peri rm the duty o
Commissioners Of loana r rec-,v.rg subscriptions
transferring stock, ard paying d.v'drSds and interest
|
Treasury; aud shn render u the Treasurer of the
United States all necessary incilirs for transferring
and disbursng the public funds shall be required By
him. and shall perform all ,c duties n pension agents
under the regulations prescribed by.lh Secretary
War; and shall render and perform. all other duties
and IN relation 10 the collecting keeping, and
discussing Of the public funds, as shall he prescribed
by las, or by the Secretary If the Treasury
SIC. 3, .9ad BE- further caaeted That it shall be
lawful for The Excht qutr at the Of Government,
and it's several agencies receive private drpostr
gold silver coin bullion The property of indvi
duals TO be held Other ra3es Of depose made by
lndv duas for convenience and security, and to issue
certificates Of such drposle having been made; but
the amount deposited .all never exceed in the
whole ten millions Of dollars nu,rss Otherwise provided
by law, to be received depose nlay be appor
ed by the board among ills fcyeral agencies according
TO the extent of their business respectively
SEC. 6. ind be ii furhc: enacted, That tho said
board and tie or "fers hereby authorized
and directed, in all here the public creditors
,nav ,xacar ,bo s,,,a - 80