Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1850-1859, 1852-12-10
Fur the Lcwisburs Cbronicl'
C0l0niZ

Toward the close of the last session Of
Congress, the following important bill was
introduced, and not acted Oh for want Of
time:
A Bill TO authorize the Secretary of ihe Treas
ury TO deposit with the several States the
fourth insialnent OF the deposits of the pub
lie money directed To be made with SAID
States by the Act approved June %, 1886.
BE it enacted by the Senate and House
of Representatives of the United States of
America in Congress assem- 5led, That the
Secretary of the Treasury be and he hereby
is authorized and directed to deposit as
hereinafter mentioned, with those States
that received the previous instruments, the
fourth ins:alment Of the deposits Of public
money, directed to he made with said
States, under TIE Provisions Of the thir-
teenth section of the act approved the
twenty-third day of June, eighteen hundred
and thirty six, in sums to which each State
was entitled respectively.
Sec. 2. And be it further enacted, That
10 carry into effect the provisions aforesaid,
for the purposes hereafter mentioned, the
Secretary of the Treasury Of tic United
States he dirested to Cause to be prepared
i certificate Of stock for each State, con
tanning the amounts as specified in the first
section, to be deposited with it, signed 10y
sa Secretary, and countersigned by TIE
Register of the Treasury, bearing an inte-
rest of five per centum per annum, payable
half yearly on the first day Of January
and the first day of -, in the year -.
See. 8. Be it further enacted, That this
deposit is to be made with said States, to
transport to Liberia in Africa the free pee
rl. Of color within said States respectively,
and to educate said people, as each State
entitled to said stock may direct: And
when any State aforesaid, by an ac. for
that purpose, shall agree to accept the de-
post and appropriate the interest aceruIng
thereon for the purposes aforesaid, or either
uf them, the said Secretary Of the Ireasu-
nv, on being notified thereof by an authen-
,icatcd copy of the act, shall deliver to the
Governor of said State SO accepting SAID
deposit, the certificate of stock prepared
for said State in manner aforesaid, Or to
such other officer as the State may desig-
nate.
See. 4. Be it further enacted, When
Stlte that accepts the said stock shall
thereafter decline or omit to appropriate
and expend the interest according to the
true intent and meaning Of this act, the
interest on said stock so deposited with
that State shall cease so long as the State
shall thus decline or omit to carry this act
into effect.
Sec. 5. Be it further enacted, The prin
cipal Of said stock is not to be paid without
the express direction Of Congress.
Sec g. And be it further enacted, That
when said States shall have removed all
such free persons of color, residing IN their
respective borders, as hcteinbefore men
toned, then the balance Of the money to
which they are entitled shall be appropri-
ated by said States to the education Of the
poor, or to internal improvements within
their respective borders, as to each State
shall seem right and proper.
This is certainly an important bill and
the people should keep it in mind. 1t
seems to open great door for the relief
and exaltation of our colored friends, in
way less liable to exception than most of
those which have been proposed. If this
measure is adopted by Congress, it will
give to Pennsylvania annually s955,s33
capable in future of application to
schools, railways, &c. H. NJ