The republic. [volume] (Washington [D.C.]) 1849-1853, 1849-08-25
MIR. SECRETARY MASON.

Mr.. DENBY has acknowledgement to the
United States in the sum Of Sl59,433 81.
We may assume, then, that, as far as he
is concerned, it is no SANDER TO say that
he is defaulter to that amount. The
organ admits that it is probably over
100000" We suppose it does not make
much of S60, 900 more or less; it has been
in the habit of dealing in pretty round
sums. But we imagine that Mr.. DENLY
knows best, and so we shall state it at
$3.50, 433 81, unless the organ should sue
coed in scolding back $50, into the
treasury.
Now, ofthis sum, 500, 900 we're placed
in the hands of Mr.. OSBORNE, a merchant
of Richmond, al time when Mr.. DEYBY
had in his hands an unexpended balance of
nearly 100000. This balance Mr.. DEN
BY held for long period, during which he
was called upon to pay only 500 francs on
account of our Mediterranean squadron.
OF this deposite of 100000 in Mr.. os-
BoRNE's hands, Mr. DENNY alleges that
he received no advice.
Now, let us see how Mr.. OSBORNE ac-
counts for this 100000 "These mo.
neys," he says, 81 received as his
&" Mr.. DENBY's) agent, paying interest
4" for them, and, consequently, as vould be
inferred from this circumstance, and also
I" by express understanding, had the use of
"he tuads until called for. All these
/" funds were in the hands Of various Euro.
pean and American houses; and, in con-
g sequence OF their failures, my losses
were so great as to involve my whole
g estate in ruin, and leave me destitute. -
And what is the provision of the Sub
treasury law governing this case As it
is necessary to "speak by the card, lest
equivocation should undo ass in these
matters, we shall republish the sixteenth
section Of that law entire
''sEc. 10. Ind be 10 further enacted, That all Of
fcers and OTHER PERSONS charged by this act. or
disbtHsenent Of he public moreys other than those
connected with the Post Office Department are
hereby required to keep accurate entry Of each
sum received, and Of each payment or transfer:
and that IL any Of the said officers or Of those
connected with the Post Office Department shall
conUeTt 10 has otcn use IN any tody ucdteper or SHALL
UsE, BYwAY OF INVESTMENT IN ANY KfSD o. PROPER.
~ OR MERCHANDISE, or SHALL LOAN WITH or WIN.
OUT INTEREST, shaA deposit any bank or shall r.
change for other funds, eroepf as aolced IN his act ana
portion of The public moneys entrusted 10 hna for safe.
keeping, disbursement transfer or for any Other purpose
eueru sch act shall be- deemed and adjudged 10 be an en-
bsz Slsment of much Of The said moneys shall be- thu,
taken concerted INFESTED, used loaned deposited on
exchanged, tohich is hereby declared 10 BIZ rELosy
and any failure 20 pay over TO produce the public
moneys entrusted 10 such person shall be held and
taken to be prirna focie evidence If such EMBEzzLE
NEN1; and If any officer charged with the disburse.
ments pf public moneys shall accept or receive or
transmit to the Treasury Department 70 be allowed
IN ms iavor, any receipt or voucher from creditor
OF We United States, without having paid 10 such
creditor IN such funds the said officer may hay,
te'eNed Tor disbursement, or such other funds az
hs may De authorized by this act 70 take in e1
me iuil amount specified in such receipt OF
voucher, every such act shall be deemed ~ be =
conversion ~ such officer To his own use Of tn,
amount sPecihed IN such receipt or voucher; ana