The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-02-05
Amendment TO the Sub Treasury Hil.

In the House OF Representatives., on Wednesday, Mr.
Dromgoole, from the Committee of Ways and Means
reported the following supplemental bill act entitled
''An act to provide for the better organization of the
Treasury and for the collection, safe-keepng transfer.
and disbursement of the public money!
Be enacted, Sc, That hereafter, whenever transfers of
money IN the treasury required to be made by the Teas
another under the provisions the approved August
1896 entitled An act 10 provide for the better organization
fer and dsbursemeat OF the public revenue, and such
transfers be effected otherwise than by the transport
be lawful for the Secretary of the Treasury be
paid ont of any in the treasury Otherwise appro
such transfers such manner by contract draft OF other
wise may be attended with the least hazard and the
lad be ii further enacted, That in all cases when
treasury drafts less in amount than six hundred dollars
be converted by the discussing agent the place OF
into gold or silver at or above par and when
e n s ae :" pc D ssh Sa
such dram at par in payment, he may be pernled to
bic only the order ad creditor, the same rules
and regulations applicable to all other drafts
enforced require speedy presentation OF said drafts AT
the place OF payment and prevent the being used
or thrown into circulation as paper currency or medium
4nd further enacted, That during the continuance
the existing with Mexico, and with view to The
procuring OF foreign gold silver coin at the lowest rates
or disbursement in the utioa Of said shall be
lawful for the Secretary of War, or the Secretary Navy,
to authorize treasury notes or treasury drafts be
changed Tor pf 9 1 a :, rate mot a5sys s n
exchange shall be advantageous to the government
than other mode OF disbursement.
had be further enacted That all disburng agents of the
govcrnmeu within without the limits OF the United
States, shall be required keep safely and disbrse all
public moneys received by them, under such rules and
regulations and with such security, shall be prescribed
by the Secretary OF the Treasury, proper
counaby, and guard against the loss of said moneys,
and to facilitate and the prompt and faithful payment
and disbursement OF the same, conformity with the law
and prevent all the of bank paper in
making such disbursements;
4ad be further enacted That gold and silver intended for
the payment OF duties may be deposited, advance with
any assistant treasurer or treasurer OF the mint branch
mint, at the port where the duties payable, whose
&c for such specie may be accepted by the collector of
such port IN payment of duties aecrung there.
and be II further enacted, That the number of clerks
thorized by the 18th section of the said approved AIT
gust g. 1886 may be increased, if deemed necessary
to exceed twenty the annual salary of fourteen of
whom shall not exceed eight hundred dollars EACH and of
the remaining six the annual salary of three shall
coed thousand dollars each and OF the tbs annual
salary shall exceed twelve hundred dollars each
shall the annual aggregate exceed seventeen thousand
eight hundred dollars.
Ind be further enacted, That during the continuance
OF the existing with Mexico, and with a view the
procuring of foreign gold silver coin the lowest
Tor disbursement in the prosecution of said it shall be
lawful for the Secretary OF THE Treasury authorize
notes or treasury drafts to be exchanged for such coin at
rate not above the commercial value thereof in the United
States: PToc'ded, That said exchange shall be more adj
y,ageons the government than any other mode of dis
bursement