The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1847-02-09
AMENDMENT TO THE SUB-TREASII.
RY BILL.


IN the House of Representatives I'm NVed,o.
day last. Mr. Dromgmle. from the Committee of
Ways and Means. repor,ed the Gnllnwinp supple-
men'ary bill I" an act entitled IAN act To provide
for the better organization of the Treasury. and
f"r the c"llec'"n safe-keeping. transfer, and dis
bursemen, of the public money: -
g BE il enacted. Sc, That hereafter. when
ever transfers ut money in the Treasury are re-
quired 10 he made by the Treasury Department.
from any one depository of Government TO another
under the provisions of the act approved Angus,
b, 1876, enti,ed An act To provide for the better
oTganzn'ion OF the Treasury, and for the cullec
ti"n. sale Keeping, transfer. and disbursement of
the pnhlic revenue. and such transfers cannot he
Ell cted otherwise than by III. transportation of
specie al the expense of The government il shall
he lawful Tor The Secretary of the Treasury To
cause to br paid. out of any money in The Trpa.
snry NOT otherwise appropriated. the actual ex-
penSes necessarily required TO efec, such transfers
IN such manner. by contract, draft. ar otherwise,
as may he attended with the least hazard and the
smaller charge to the Government
End he IL further enacted That in all cases
when treasury drafts not less in amount than
SIX hundred dollars cannot be concerted, hy the
discussing agent at the place Of disbursement
in'n gold or silver al or ahuve par. and when the
public creditor intended tn he paid by such draft
is present AT The place of disbursement. and pre.
iers I" receive such draft at par in payment, he
may he So permitted To receive the same by spe
ciai endorsement thereon payable OILY To the
order Of said creditor; and the same rules and
regulations. applicable TO all other Treasury drafts
under seciun 81 of said act approved Auuus, 6
1916. shall be enforced 10 require the speedv
presentation of said drafts at the place of nav
mcnt, aud TO prevent the same being used ar
thrown into circulation as a paper currency mr.
medium of exchange
''.4nd be IL further enacted. Tha, durno tho
continuance of the existing war with Mexicn
ana with view tn the procuring nf foreign yod
or silver coin at the lowest rates for disbursement
In the prosecution uf said war il shall he layf,,
fnr the Secretary Of War. or the Secretary of the
Navy. 10 authorize Treasury mates or Treasurv
drafts In he exchanged for such coin al rate mn,
above the commercial value thereof in the United
o'ates: Prouided. That the said exchange shall
he m"re advantageous To the Government linn
any other mode Of disbursement
".Hhd be 1t further enacted. That all disburs.
ing agents of the Government within or witbort
the limits of the United States shall be reonired
t" keep safely and disbuise all public monevs re-
celved ny them, under such rules and regulations
ana with such security. as shall be prescribed by
the Secretary of the Treasury, to ensure proner
accountability. and To guard against the loss of
said moneys. aud to facilitate and secure the
prompt and faithful payment and disbursement of
the same, In conformity with the law and so "a
to prevent in all cases the use of bank paper in
making such disbursements
".dnd be II further enacted. That gold and
silver intended for the payment of duties NAV he
deposited IN advance, with any assistant treasu-
ter, or treasurer of the mint or branch mint AT
the port where the duties are payable, whose
receipt fur such specie may he accepted by the
collector of such port in payment of duties accru-
ing there.
find be il further enacted. That the number
OF clerks authorized by the 18th section OF the
said act. approved August g. 1876, NAV be in
creased. II deemed necessary, as not to exceed
twenty the annual salary Of fourteen of whom
shall not exceed eight hundred dollars each and
ut The remaining six the ANIMAL salary of three
shall not exceed one thousand dollars each. and
OF the rest the annual salary shall not exceed
| twelve hundred dollars each, nor shall The annual
aggregate sum exceed seventeen thousand eiubl
hundred dollars
lind be IL further enacted, That during the
| continuance OF The existing war with Mexico
| and with view TO the procnri Of FOREIGN cold
or silver coins at the lowest rates for disburse
ment IN the prosecution of said war, it shall he
lawful for the Secretary of the Treasury to au
tho'Ize treasury notes or treasury drafts TO be ex-
| changed for such coin at raie not above the
commercial value thereof in the United States.
| Provided That said exchange shall be more adj
vantageous to The government than any other
mode Of disbursement"
The Bill was read and committed, and The
House adjourned.
BY MAGNETIC TELEGRAPH.