Workmen's advocate., 1890-12-06

nally advanced by the Sub Treasury against the product and such further amount as may he necessary to dis. charge all interest that may have Re crued against the advance of money made on the deposit of produce and all insurance, warehouse and other charges, that attach to the product for ware housing and handling. All lawful mony received at the Sub,Trcasury as a return of the actual amount of money advanced by the Government against farm products as above specified shall be returned, with full report of the transaction, to the Secretary of the Treasury who shall make record of the transaction and cancel and destroy the money so returned.
 A Sub-Treasury that receives ware house receipt as above provided, together with the return of the proper amount of lawful money and all charges us herein provided when the product for which 1t is given is stored iu some other Sub Treasury, shall give an order on such other Sub Treasury for the delivery of the cotton, grain, or tobacco. as the case may be. and the Secretary of the Treas ury shall provide for the adjustment between Sub Treasurer of all charges.
 SEC. 7.-The Secretary of the Treasury shall prescribe such rule and regulations as are necessary for governing the de- tails of the management of the Sub. Treasuries, fixing tn bond and responsibility of each of he managers of the Sub-Treasuries provided that the salary of any manag ] 0 Sub Treasury shall not exceed the sum of Sl 300 per annum), holding the managers of Sub Treasuries persona esponsibe on their bonds for weights and classtica- tions of all produce, providing for the rejection of unmerchantable grades of cotton, grain, or tobacco, or for such as may be in bad condition; and shall pro- vide rules for the sale at public auction of all cotton, corn, oats, wheat, or tobacco, that has been placed on deposit for longer period than 12 months, after due notice published. The proceed of the sales of such product shall be ap- piled, first, to the reimbursement to the Sub Treasury of the amount origin ally ad anCed, together with all charges &c second, the balance shall be held on
 
 the warehouse receipt, who shall be en- titled to receive the same on the sur render of his warehouse receipt. The Secretary of the Treasury shall also provide for rules for the duplication of any papers in case of loss or destruction.
 SEC. S.-It shall be the duty of the Secretary of the Treasury, when section l shall have been complied with, to cause to be erected, according to the laws and customs governing the con struction of government buildings. suitable Sub Treasury building, with such warehouse or elevator facilities as the character or amount of the products of that section may indicate as neces- sary. Such buildings may be supplied with all modern cOnvenienCes for hand ling and safely storing and preserving the.products likely to be deposited.
 SEC. 9.-That any gain arising from the charges for insurance, weighing, storing, chasing, holding, shipping, in- terest or other charges, after paying all expenses of conducting the Sub-Treas. ury, shall be accounted for and paid into the United States.
 SEC. l0.-The term of office of a man. ager of the Sub,Treasury shall be 3 years, and the regular election to fill such office shall be at the same time as the election for members of the House of Representatives of the Congress of the United States. In case of vacancy in the office of manager of the Sub-Treas- ury by death, resignation or otherwise, the Secretary of the Sub-Treasury shall have power to appoint a manager for the unexpired term.
 SEC. 1.-The sum of $50,000. 000 or so much thereof as may be found neces sary to carry out the provisions of this act is hereby appropriated out of any monies in the Treasury not otherwise appropriated, for that purpose,