New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-08-27
ORE Wednesday eyenins.
By THE SOUTHERN MAIL.
Treasury Drafts and Notes.

The Secretary OF the Treasury has issued CIR
cular 10 Collectors Receivers Treasurer Of the Mint
and Branch MINIS Assistant T-easurers, Discussing
Agents and officers of the Government OF the United
states in which after reciting those provisions OF the
Su5Treasury Law which relate 20 Treasury Drafts he
gives the following instructions with the ostensible de
sign 10 enlarge the circulation OF Gold and Silver, and
prevent Treasury Daats becoming paper currency.
st Al Government Drafts shall be made payable to
order. and not 70 bearer.
"a They shall be assigusble only by special endorse
nent
where PAYABLE namely L; payable a. place a slant
no; more than fifty miles from the seat OF Government
OF the United States they must De presented WITHIN
twenty day- from the date OF the draft Il payable AZ a
Mace distant more than fifty miles from the seat OF Gov
arulnent and not exceeding hundred miles, they
must be presented within forty days from the da.e OF
the dr. aft If PAYABLE at place distant more tan one
hundred miles and not exceeding two hundred from the
SCAT of Government they must be presented "linn SIN
~ DAYS from! tne date OF the draft II ayaoe NJ place
more than two hundred miles from the seat OF Govern
nent and uot exceeding four kindred they must De
presented within eighty days the date OF the draii
and II payable Ut any place exceeding tour hundred
miles from the OF Government, they must be pre-
scntrd within ninety days from the dste OF the draft
;;h. Al drafts not presented within the times ABOVE
described must be returned by the holders 10 the Treas
urer OF the United States, when such order snail DC
made tor the payment vi such drafts as VIII best com
morn with the public interest; and tend prevent delay
in the presentation OF future drafts. OF any attempt 10
convert them into paper circulation
5th Noexchange OF funds shall be made by dishurs-
r officers or agents OF N. Government except tor gold
and silver and every such dsbursin- officer when fur
risued with specie for disbursement shall make his pay
raents in the money furnished or When iurn;shed
WIKI drafts shall cause those drafts to De presented at
the place OF payment and properly paid according 10
law and shall make his payments n the money so re-
ceved for the draft: furnished unless IN either case ne
can exchange the on his hand Tor gold and silver
at par nod, -. ,r-,..,,r,. nr,,,. b,,
d:bursng agents the public creditors even az the re-
quest Of such creditors
eth Al! premiums received by any agent or officer OF
the Government on any Treasury Dra or Public Secu-
ritv no, the private property nj the holder must DC &C
counted for and paid 10 the Government OF tue LMted
States.
sth. No Treasury Drafts shall be reissued but the
same when paid at the place where payable shall be
Immediately Cancelled by the public office receiving the
same by punching TWO or more holes through the
Drafts, not deacng the date or number and writing on
the face OF each Draft in large characters Cancelled oy
A B, Assistant Treasurer, &c" as the case may be-
Another circular announces the following regulations
in respect 10 Treasury Notes received in payment OF
Public Dues
In all cases where the Treasury Notes have been OF
NAV be received for public dues previous 10 theii
being transmitted TO the Department, the officer re
ceivng them will. by the mail next before that by
which il is intended 10 forward them notify the sec
rotary OF the Treasury OF such intention. stating al
the time the amount OF the notes and description Of
them.
To insure greater safety the notes should be cut in
half and righthand halves first torwarded-the lett
hand halves TO be transmitted after the receipt OF the
first halves have been acknowledged
By the mail next succeeding their transmission the
officer will report the Secretary the fact OF such trans
mission again stating the amount and description Of e
notes.
Immediately on the receipt OF any notes by public
officer care be taken comply with the former
Instructions OF the Department with respect 20 cancel
ing them this mus, be done on the day they re
ccived by punching holes through the
notes avoiding detacing the date number and rate Of
interest and writing the face OF each in large char
actcrs Cancelled by A. B. Collector or c. d. Receiver,
as the case may be.