« ForrigeFortsett »
torntyGc vernment, their assistants and clerks," and to the Attorney General by the" Act for allowing certain compensations to the judges of the supreme and other, courts, and to the Attorney General of the United States," the said officers respectively shall be allowed the following yearly sums, viz. the Comptroller four hundred dollars; the Auditor four hundred dollars-; the Treasurer four hundred dollars; the Register five hundred dollars; the Attorney General four hundred dollars.
Sec. Ii. And he it further enacled, Tha^fhe ofCtheary Secretary, of the Treasury be authorized to Treasury have two principal clerks, each of whom to allowed 2 nave a saiary Gf eight hundred dollars per anclerks. num; and that the salary of the chief clerk ot the department ef war, beat the rate of eight hundred dollars per year.
Sec. 12. And be it further• enacled, That Restriction fne restriction on the clerks of the depart
on 1ns *
clerks as to ment of the treasury, so sar as respects the caro^tradf ry^nS on of trade or business, other than abolished;, in the funds, or debts of the United States or
tofhesonds of any ^ate' or m any kmcI of public properextended ty, be abolished, and that such restriction, so nue'offi-c" ^ar as respects the funds or debts of the United ctrs, &c. States, or of any state, or any public property of either, be extended to the commissioner of the revenue, to the several commissioners of loans, and to all persons employed in their respective offices, and to all officers of the United States concerned in the collection or disbursement of the revenues thereof, under the penalties preFrivilegc of scribed in the eighth section of the act, intitled, franking « An act to establish the treasury department," »o rommis- and the provisions relative to the officers in the liouer of treasury department, contained in the ** Act HU6. to establish the post office and post roads," /hall be 'and hereby are extended and applied to the commissioner of the revenue.
JONATHAN TRUMBULL, Speaker of the House of Representatives. •RICHARD HENRY LEE, President pre tempore of the Senate, Approved, May eighth, 1792:
An Acl supplementary to the Acl making Pro, vision for the Debt of the United States.
Sec. 1. E it enacled by the Senate and
jL3 House of Representatives of the United States of America, in Congress assembled, That the term for receiving on loan that part Terms for of the domestic debt of the United States, "«iving
7 on loan the
which hath not been subscribed pursuant to unsubserithe terms proposed in the act, intitled, " An £fd*TMrf act making provision for the debt of the Uni- u. states ted States," shall be, and it is hereby extended, on the same terms, as in and by the said act is provided, to the first day of March next; and books, for receiving such sarther subscrip- [j^jjjjjjjj, tions, shall be opened at the treasury of the tofecoiiem. United States, and by the commissioners of cd> loans, in each of the laid states, on the first day of June next, which shall continue open •until the said first day of March next inclusively; for which purpose, the said commit
fioners, respectively, are hereby invested with. the like powers, and required to perform the* like duties, as in and by the said act is directed.
interest to ^ec. 2" ^ fur^er enacled, That
Hob sub- such of the creditors of the United States, as wediiofs. nave not subscribed and shall jiot subscribe ta the said loan, (hall nevertheless receive a rate per centum on the amount of so much of their respective demands, as well for interest as principal, as, on or hefore the first day of March, shall be registered, conformably to the directions of the said act, as shall be equal to the interest payable to the subscribing creditors, which shall be payable at the same times and places, and by the same persons, as in and by the said act is directed.
Term for Sec. 3» -And be it further enacled, That the reeeivirti; term for receiving upon lean that part of the extended.'5 debts of the respective states, which hath not been subscribed pursuant to the terms proposed in the act aforesaid, shall be, and it is hereby enlarged on the same terms, as in and by the said act is provided, until the first day of March one thousand seven hundred and ninety three inclusively; for which purpose, books subkrip- shall be opened at the treasury of the United to"beboolcs States, and by the commisiioners of loans in ed. °Pcn each of the said states, on the first day of June next, which shall continue open until the first day of March, one thousand seven hundred and ninety three inclusively; for which purposes the said commissioners are hereby invested with the like powers,' and required to perform the like duties, as, in and by the said act, is directed.
Sec. 4. Provided always, and be it further enacled, That the commiffioner of loans for North-Garolina shall not be allowed to receive ^Jjj." any certisicate issued by Patrick Travers, cam- os N. Caromillioner of Cumberland county, or by the Kj» eiducominissioners of army accounts at Warren
Sec. 5. And whereas the United States are Debt due indebted to certain foreign officers, on ao iorelgn"?.1 qount of pay and services during the late war, jj«rs, p", the interest whereof, pursuant to the certisU cause t0 be cates granted to the said officers by virtue of a paid' resolution of the United States in Congress assembled, is payable at the house of
Grand, banker, at Paris, and it is expedient to discharge the same; Be it.therefore enatted, That the President of the United States be, and he hereby is authorized to cause to be discharged the principal and interest of the said debt, but of any of the monies, which have been or shall be obtained on loan, in vir» tue of the act aforesaid, and which shall not be necessary ultimately to fulfil the purposes for which the said monies are, in and by the said act, authorized to be borrowed.
Sec. 6. And be it further enacled, That the Ortain,1 1 President of the Senate, the Chief Justice, the pesson*aP
C r n. i n r rr, pointed
secretary or State, the Secretary or the srea- commimfrry, and the Attorney General, for the time TM"h!ise being, shall be commissioners, who, or any debt of the three of whom, are hereby authorized, with U- s' &cthe approbation of the President of the United States, to purchase the debt of the United States, at its market price, if not exceeding 'he par or true value thereof; for which purr chafe the interest on so much of the public debt, as has already been, or may hereafter be purchased for the United States, or as shall be paid into the treasury, and so much of the Wooies appropriated for the payment of the in
rterest on the foreign and domestic debt, as shall exceed what may be sufficient for the payment of such interest to the creditors of the United States, shall be and are hereby appropriated. And it shall be the duty of the said commissioners to render to the legislature, within two months after the commencement of the first session thereof in every year, a full and precise account of all such purchases made, and public debt redeemed, in pursuance of this act.
Out of a Sec. 7. And whereas it is expedient to estatedJforth"c klift1 a fund for the gradual reduction of the purpoie public debt; Be it further enacled, That the interest on so much of the debt of the United States, as has been or shall be purchased or redeemed for or by the United States, or as shall be paid into the treasury thereof in satissaction of any debt or demand, and the surplus of any snm or sums appropriated for the payment of the interest upon the said debt, which shall remain after paying such interest, shall be, and hereby are appropriated and pledged firmly and inviolably for and to the purchase and redemphowto be tion of the said debt, to be applied under the applied. direction of the President of the Senate, the Chief Justice, the Secretary of State, the Secretary of the Treasury and the Attorney'General for the time being, or any three of them, with the approbation of the President of the United States, for the time being, in manner following, that is to fay: First, to the purchase of the several species of stock constituting the debt of the United States, at their respective market prices, not exceeding the par or true value thereof, and, as nearly as may be, in equal proportions, until the annual amount of the said funds, together with any other provisions which may be made by law, sliall be equal