The advocate., 1890-03-26

'"tNu' " ''o WIZ no the Bub-trensury IN
Vided ior' olthe, is deposited, or at any
which tho produC ,,g tbe surrender Of such
o1het Sup-Ireasnrl land the payment In law
warehouse receipt uited States Of the same
iul money OF the advanced by tho sub
amount originally product, and such fur
IroASuEy agalhS1 thi " bo necessary 10 dis
'her amount Az mthat may have accrued
cnafse an interest," ~ m6aAg made IN WI
usa'hs1 INC auya and all insurance, ware
deposit OF produ charges that attach 10 tho
house and 0the' .-,... .,a handling. All
s' ploou0' lol ,ay "" usssYed at the sub-treasufy
80 ,a".~ Inn n,, Of the actpsl amount OF money
~ oIvaneod by the Government against iarm
ns0ducts as above specified, shall Pe EstpFHI-
~ Win a full report OF tbe trapSq.cp9nl @
the Secretary Of the Treasury, WpR smut
'asho a record of the transaction ana Cancel
and doatrov the money 80 returned SUD
s.oas,,rv ,,,, tbot receives warehouse receiptas
ohovs nrovided, together with the return OF
tbo proper amount OF lawful money ana ah
cborges AS herein provided, when the pro-
dnct for which II is given is stored in some
other sub treasury, shall give an order on
sueb other sub treasury for the delivery OF
4be cotton. grain or tobacco, as the case may
be. and tho Secretary Of the Treasury shall
,,rovide for the adjustment between sub
treasuries Of all charges.
SEC. 7. The Secretary OF the treasury
ahalI prescribe mch rules and regulations az
are necessary for governing the details OF
the managementof of the sub-treosuries' fixing
! the salary, bond and responsibility ot eacn
OF the managers Of ub-treosuries (proWoed
tbos the salary OF any manager OF sub
treasury shall not exceed the sum OF Sl,oOO
,,er annun), holding tho managers OF sub
4 reasuries personally responsible on tnelI
onds for weights and classihcations OF all
n roduce, providing for the rejection OF I'M
m ercbantablo grades Of cotton, grain or TO-
b, lcco, or for such as may be in bad conui'
Il on, and shall provide rules for the sale a,
n ubEo auction Of all cotton, corn, oats
q heat or tobacco that has been placed OF
eposit for longer period than Vwelv'
- ,ontbs after due notice published. Tit
n rooeeds of the sale OF such product shall b.
.pplied, FIRST, TO the reimbursement to tn
= ub-treasury Of the amount originally al
= uanced, together with all charges; and, sec
N ID. the balance shall beheld on deposit TO
, IN a benefit of the holder OF the warehops
0 eceipt, who shall be entitled to receive VI
4 an, ne ON the surrender of his warehouse re
Il ceipt. The Secretary of the Treasury sha
r, alsc, proyide rules for the duplication OF On
II paners in case of loss or destruction.
1t sHo. 8. Il shall be the duty OF the Secr'
a tarv Of the Treasury, when section of tn
" act shall have been complied with, to cauf
a 10 be erected, according to the laws and GU
a, toms governing the construction OF Cover
ID ,ment buildings, a suitable sub.treasul
or building, with such warehouse or clevat.
I'd facilities as the character and amount OF u
he products of that section may indicate
necessary. Such buildings shall be supple
ry with all modern conveniences for handli
in and safely storing and preserving the pr
no ducts likely to be deposited.
ch SEC. 9. That any gain arising from I
ra- charges for insurance, weighing, storli
chasing, holding, shipping, interest or OH
charges, after paying all expenses OF &C
an ducting the sub-treasury, shall be palu II
the treasury of the United States.
49, sro. TO- The term OF Office for manal
liz ~ a sub- Treasury shall be two years, and
ms, re- regular election to all such Office shall be
,ts, The same time as the election for memp
tes OF the House of Representatives OK the ~
~ 1ress OF the United States. In case OF q
ma Sancv in the Office of manager OF the 9
Iful treNsurv by death, resignation, or otheerw
the secretary of the Treasury snah y
Oer, power TO appoint manager tor the uu
nired term, -