The advocate., 1890-04-30

ther amount as may bo necessary 10 dis
charge an interest that may have accrued
against the advance OF money mado on tho
deposit Of produce and an insurance, ware
house and other charges that attach 10 Che
product for warohousing and handling. All
lawful money received at the sub-troasury
as a return Of tho actual amount of money
advanced by the Government against farm
products a. above specified, shall be return
cd, with full report Of the transaction, 20
tho Secretary OF tho Treasury, who shall
make record Of the transaction and cancel
and destroy the money 30 returned. sub
treasury tlnt receives u warehouse receipt hs
above provided, together with tho return Of
the proper amount Of lawful money and an
charges as herein provided, when tho pro-
duct for which II is given IL stored IN some
other sub treasury, shall give an order ON
such other sub-treOsury for the delivery OF
the cotton, grain or tobacco, Os the case may
be, and the Secretary Of the Treasury shall
provide for the adjustment between sub
treasures Of all charges.
SEc. 7. The Secretary Of the Treasury
shall prescribe such rules and regulations ar
are necessary for governing the details Of
tho management OF the sub-treasuries, fixing
the salary, bond and responsibility OF each
of the managers Of sub-treasurioa (provided
chat the SALARY OF any manager Of a sub.
treasury shall not exceed tho sum Of $500
per annum), holding tho managoFs OF SUBJ
treasurios personally responsible on their
bonds for weights and olassiAcations Of all
produce providing for tho rejection OF un-
merchantable grades Of cotton, grain or TO-
bacco or for such as may DO In bad condi-
tion; and shall provide rules for tho sale AZ
public auction Of all cotton, corn, oats,
wheat or tobacco that has been placed on
deposit for n longer period than twelve
months after due notice published. Tho
proceeds OF the sale OF such product shall be
applied first, 10 the reimbursement 10 tho
sub-troasury OF the amount originally ad
vnnced, together with all charResj and, roo
ond, the balance shall bohold ON deposit FOR
the benefit of the holder of the warehouse
receipt, who shall be entitled 10 receive tho
same on the surrender of his warehouse 10
ceipt The Secretary OF the Treasury shall
also provide rules for the duplication OF any
papers In cnse OF loss or destruction.
SEo. 8. 10 shall be the duty OF the Score
tary Of tho Treasury, whom section 1 OF this
act shall have been complied with, 10 cause
TO be erected, according 20 the laws and cus-
toms governing the construction Of Govern
ment buildings, n suitable 5ub-troagury
building, with such warehouse or elevator
facilities as the character and amount Of the
products of that section may indicate og
necessary. Such buildings shall be euppliod
with oil modern conyeniencss for handling
and safely storing and preserving the pro-
ducts likely 90 be deposited.
SEC. o. That any gain arising from Che
charges for insurance, weighing, atOringp
classing, holding, shipping, interest or other
charges, after paying oil expenses Of con-
duCtng the sub-treasury, shall Do paid into
the treasury of the United States.
SEC. 10. The term of Office for n manager
OF a sub-tFeaBury shall be two years, and tho
regular election to an such Office shall be 40
the same time as the election for members
of tho House OF Representatives OF che Con-
gress of tho United States. In case Of q VA
cancy In the office OF manager Of tho sub
treasury by death, resignation, or otherwise,
tho secretary OF the Treasury shall have
power TO appoint a manager for the unox-
piIed term.
SEo. II. The sum OF nfty millions OF dol
lars, or 80 much thereof as may DO found
necessary TO carry out the provisions OF this
act, is hereby appropriated out OF any moneys
in tho treasury not otherwise appropriated,
for that purpose.
SEC ~. That 20 much Of any or all other
acts as are in conflict with the provisions Of
this act are hereby repealed.
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