Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1846-08-27
SUB,TRFASITRY

Sub-IreaSurers, or Assistant Treasures as the,
are called, were all appointed by the President anc
confirmed by the Senate on Saturday the 9Th inst
The following are among them
For New York, En- Governor Bouck
For Charleston, Major Laval.
| For Boston, Henry Hubbard.
The Washington correspondent of the Baltimore
American says
Notwithstanding the severe provisions of this
Bills learn that the Secretary of the Treasury has
taken the responsibility of issuing large number
OF Treasury Drafts. They form n Currency GDI
circulation, as much SO as any Bank Currency in
, the country; and with the loans and treasury notes
make the Sub-1rcasury nothing less than mann
moth Government Bank
distract Of The Sub Treasury Bill
Section Ist., Defines what is the Treasury of the
United States.
2. Makes Minis at Philadelphia and New Or
leans repositories.
B. Rooms in New York and Boston. prepared
under former act, to be used under this act
d. Rooms, sc. at Charleston and St. Ious.
same
.: Assistant lreasurers to be appointed.
b. Money to be kept by all persons receiving
same, without loanin9, using, dcpOSting i'm Banks
or exchanging for other funds except as allowed by
| the act.
T. Treasurers, SC. to give bonds
g. New Bonds to be given and required
D. Collectors and receivers to pay over money by
direction of the Secretary of the Treasury or Post
Master General, once in a week
10. Secretary of the Treasury NAV transfer mo-
ney from one depository to another, sc.
IL. Agents to examine books and accounts of De
posltores, to be appointed by the Secretary of the
Treasury, and to allow IS per day and travelling
expenses.
II. Naval officers, surveyors. SC. also to examine
books sc. of assistant Ireasurers. sc. each quar-
ter or oitener if the Secretary of the Treasury
thinks proper.
Is. Depositories to have clerks, SC
IA. Balance Of present deposits may be transfer
red, SC.
10. Mar@hals, District Attorneys, Sc may make
payment to the Treasury of the United States
MINIS OF Assistant Treasurers
10. All persons charged with keeping, transfer
ring or disbursihg public moneys, to keep an acc-
rate entry of sums received and Of each payment
or tranSier-not TO be converted to their own use
invested. loaned, deposited in any Bank, or ex-
changed for other funds--penaltes and proof.
II. Rooms to be procured where there are none.
Is. On the lst of January 1S47 and thereafter,
gold and silver only to be received.
~. On the LIST of April, lS47, gold and silver
and Treasury notes only to be paid out
~. No funds to be exchanged except for gold and
silvcr-when gold and silver is furnished, it shall
be in dEqh T tRsY pq S be gRnd pSs
ments to be made in money received for such drafts
unless IN either case an exchange can be made
for gold and silver at par. Penalty.
II. The Secretary of the Treasury to enforce
speedy presentation and payment Of drafts at the
place when payable, and to prevent them from be-
ing circulating medium--If officers sell for a
premium, they must account 10 Treasury
y. Regulates salaries of Assistant Treasures.
&c and provides they shall not charge fees
% APPTopriates 5000 for repairs of Sub -Trea-
sures. SC. a.
"a Repeats all Laws repugnaut to this -