Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1842-03-22
IIR EvERETr'S PLAN OF A FISCAL AC
ENCN.
ROUSE uF REPRESENTATIVES, MARcH II. 1911;
Consulted 10 eCommite Of ue Wade House on
ne state al The Union.

ROUSE uF RErREsENrArivEs MARcU II. 1911;
Com.iuea 10 hrConmies Of uc Vhls House on
he state of he Union.
l. The Treasurer Of the United States to hid
his Office during 90 d behaviour but removable on
the address of tNO thirds majority Of The House Of
Representatives.
2 Tbs Treasurer TO receive keep and disburse
the revenue through The agency wuhut charge To
The United States.
}. The Urea Juror u Nc The Comptroller cfihe a.
sency az It's effects 20 be held b. hun ia trust and
all its contracts 10 be trade AMI enforced m hs
name rs Comptroller Of the agency.
4 The United Siacis ihmugi tho rreeSur@r q
have lien On all tho effects ~ tie agency ior all as
debts due To thcUniied Siatcs.
S The agency /, DO basel on a capital Of s39.
900. 900 one tird 10 be subscribed by tho UuiIcd
States in sin per cent. Government siock. and the
residue by individuals Is specie 10y Ins ailments
within three years TO euameneo operation when
one-,hirI IL paid in.
6 IT. agenc yio he managed by a board Of dir
eciors onthird appointed by the President aud sen.
ale he residue by the individual Stockholders
:. The board Of directors To slhllscl Offices nj
such places ~ The Treasurer shall dccw necessary
and proper Tor the except safe Keeping Of j S'ir-e-
ment OF the revenue and to appoint the mIuagers
Of euch Uiiise- AMI a JlheT necessary agents and
servan's and fix tho rate Of their compensation.
3. The d~eulms- Of The agency Ia 10 lIni'sd-
/ To the roceIJ; safe Sesptus AL dspnrs Hn"nt
Of TIE revenue.
II. To .he perchaso sole AMI rec .ipt on dePositc
Of bullion and lorc.g g aai dimestin CONS.
III. To The state gifts h,iz Of eIchengr.
IA. To the purchase ol domestic and island bills
at CGchaSge funded on business transactions at
s'gLtor hayEIg not mrrc than ninety ds's so r1
payable at any Of its offices other thll al the one
3 whsre pun-h seal The muximum rltes Of DIS
count anu premiums nn bulls To b. fixed ~ law.
9. The agency To be AUTHORISED to issue bills o.
circulation for specie deposited aud TO twice the
amount of the specie paid in by the individual
stockholders Prorided. That the amount Gifts bill
OF circulation shall nOte exceed twice the amount OF
It's specie on hand
10. Its bills Of circulation wherever payable Il
be receivable al ell It's Offices for Government
debts and for debts due the agency.
III. Holders Of bills Of circulation wherever pay.
able 10 The amount of 8 $1,000 u he entitled To re
ceiNe al any Office where perseaied a non-assIgn
able certificate bearing interest Oi four per cenl
payable in one Y ear al the Office where issued O
at the election Of the holder at any other Vfice a
three pei cent.
10. All profits over seven per cent to be pm,
sed 10 The credit Of The United States.
Is. The Treasurer aud The stockholders ut a
times to be entitled to the inspection Of The account
record books and papers Of the agency.
ID. Tue B1ari Of Directors To make month
statemenIs Of the condition Of the agency to DO b
him annually laid before CongteSs.
Is The act establishing the agency TO he repsa
able al the pleasure Of Congress bat # repeale
within twenty years the United States To refund
the private Stockholders all profits over six p,
cent On the Government stock received by or "a,
sed 10 The credit Of the UaiIed StIiss or on hqn,
and 10 secure to them Their Just $ are OF ihe clIscl
of ihs agency.