Newspapers / Mecklenburg Jeffersonian (Charlotte, N.C.) / Jan. 4, 1842, edition 1 / Page 1
Part of Mecklenburg Jeffersonian (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
JOSKPU \V. IIA.MPTON, “Thcpowtrs framed urolcr the Conslitmion, bans derived from tho People of the L'mteil Slates, maybe resmnv! I,V j . .V" ^ * n-t.1 -va , uj, them, whenever perverted to trioir injury or 0i)press!0ii.”—-17ucZ;^'9».- -Kdifor and riiblislicr. VOLUME I, CHARLOTTE, N. C, JANUARY 4, 1842 \ NUMBER 43. 1 K II M S : Till' }JcckIcnbur" Ji^eraoniaii” ispublisht d weekly, at I'lco PuHars anil Pifty ('eiita, if jtaiti in advance; or 'Plirec Jf . if i...t p-iiil before the expiration uf tukee MONTnt- > !•;;! ti.in; of subscribinij. Atiyp, r^suii who will procure iii.c ; au'.l become responsiblo for their ^ubsonptions, have a eopy of the paper gratis ;—or, a elub of ten tub- fibe rs may have ihe pai>er one year for Ticcnl'j JJuIiarsiii udvaneo. Xo papi'r will be discontiimed while the subscriber owos any ihinu; if 1.0 i-^ able to pay;—and a fuilurj to notify the Ivlitor of a wish to (ii:»oontinuo at least one month before the exi)ira- ’1 )u of the time paid for, will be considLred a new cn^>rcmcnt. ()r/:iiial ^uhsciihers will not be allowed to diceontinu‘ the p;i;)cr before the ixpiration of the first year without i living for a full year’s subf f riplioii. A'lccrt:;>eni^r:!s will bo cons>pieuou:;!y and correctly insert ed at (f/'.c /hjHar \n r squ:\rc I'or t!ie lirst insertion, and Ticcn- !'/-Jirc i'eni.'i for each coMtinuaiice—tweej)! Court and other jud;‘‘iul advcrtiseinents, whieh wdl !)C charj’eJ ticcnty-Jiccper !- ^ t. hmliLr than the above raas, (owing to tlic delay, gene ral! y, att'.ndiint upon collections). A liber:d iliseount will be made to those who advevtise by the year. Advertisements >ent ia fur pnI)!ie;ition, must be marked with ih.‘ number uf inser- lions dfsiri'd, or they will be published until futbid and chary I d accordini-dy. Letters to the Editor, unless contahiing money in sums tif I'ire Jfullars, or over, must come free of postage, or the amount paid at the oltico here will be charged to the writer, ill every iu;-!ance, and collocsed as other account.s. \V\‘L‘klv Alivianiie lor Januarv, 18 i)A VS. 1 I'ufsday, W.thitsday, Thursday, 7 Frilay, s Saturday, Sim iay, !(t .^loiidav. >tN SKT. 11 7 11 49 10 7 10 7 9 7 9 7 S 7 8 7 4 50 4 50 4 51 4 51 4 52 4 5 -> T.ast Uuarter, ?>i'ew i'.I oon D. 11 First (luartor, 19 Full 31oon, ‘-’rt M. 4-' H. 46 M. •is M. 15 E. NOTICE TJ cr L-\ i*- -- ^ Vi;!-Jit (LoinmcjV' S clioc f %o: lunittcc^. |IIE l^oarcl of Siir)eriiitcm!tnts of Common Scliools for Mcclde-iibtirg County, hereby no- til'y til'.; Scliool Coininitteos in the sevt'nil Districts, tiiul a tneoting of the Board will ho held at Chiir- ’’oltc. on Tuesday ol’ the ensuirii^ January (Jourr,— :if which tirnc the fc;aid Coiiunittees are roqtiircti to ii.iiko a Uej'.cirt ot’ tlie iiuiuher ol' Children in their ifipeciive IJisirictrf. Iti liiosc Di.slrictd wlicre no t lection h.as heen i.t-M lor Comiuiltee-nien. the va cancy v.'ill he lilloJ hy the Board at tlie meeting as above appointed. Belurri.s should be aiidressetl to tiic •• ('iiriirinna oi‘the iJoard of Coinnion School ('oinnu'ssiont'rs,” and rnriy he lelt, previous to the ('(jiii t, eilliei with tl’.e under;ji^^ned. ur witii CJiaries T. Alexander E:iO.. Clerk of the County Court, in C' uloite. '' WM. V/IL80N, Cluu'riiiuii. ])ecenif)ei'7, ISii. o9...tc Charlolie Journal, copy. VOr.KVilJiE Feiimic ^ciiiiiiary, (YorliTiiie, y. C.) HIE Trustees of tlie YORKVILLE FEMALE SK.MLXAUY, havin^r i‘ngu^^ed the ttorvicerf ul 'iii.striictors in whom they place entu’C conhdence, their School will be opened u)i Mondtrj. tlw 'J.~nd in The Trustees think they have jurit causc to rc- conniiend this institution as an eligible place lor the edijcaiion ol children. The \ iliage is noted for its liealthfuhies.s, and for the high niond and religious tone that pervades tlve coimnunity. The course ol studies to bo pursued is as extensive as is taught in ;uiv snnilnr institution. The di.scipline will be lirni, vet tempered with kindness 5 atul the aim ot the In- .structor.s to make thorough and accjuiplished scho lars. and to instil into the minds of the pnpilsj moral and religious principle. Of ' TCITIoy, Per iSes'jion: 8 S 00 IG 00 20 00 20 00 10 00 00 8 00 G 03 Mu l.i iipelluig, linuling, and H The above, li'ilh Kngli'ih Orammai', Ucg- !^riph//j ciuff Arit/i)fif'(!c, The saine, icilh any of the fdUnchi^j: Xa tural Philosophij, Ckemidnj, Astrono- nuj, (nology, iiolany, Xnlnrat llislorij- Mtntal and Moral Phihtfophy, lUietoric, the Evidences of C 'hridianiiy, Al^^ebra, Gtomttry and the Ma- iheinatic.'f, and the Latin and O'reek l\a)iizuagea, I'nnek Language, Mttsic on the Piano, Use of Fiano, Drail'ing and Painting, Theorem and Mczzoti.do, )Va.r Uork, ^ht'il Work, OrnuinoiUil .\eedle-Uork, i((i'h, INSTRUCTORS: I JUiDISAM) JACOPiS, -1. -U, Principal. FAJZA/iKTJlJ. TPOTT, t Miss JiOZAXXA \y. a. TROTT, Kufrance money, One Dollar per Sessiun. rr^ BOARDING, including Fuel, Lights^, and AVashinir, can be obtained in respectable I'anuiies at Irom sdTo 810 per month. ■ WILLIAM MOORE, ^ JOHN S. *A100RE, A. S. HUTCII180N, JOHN A. ALSTON, W. P. THOMASSON, I. D. WITHERSPOON, THOMAS WARREN, S. SADLER. MINOR SADLER, M. G. SIMRIL, E. A. CRENSHAW, F. H. SIMRIL, H. F. ADICKES, J. D. GOORE, W. P. McFADDEN, YorkvlUe, S. C., Nov. 18, ISIl. CHARLOTTE THE SECOND aUAPv TER cl’ this institution will open on the loth instant.— Parents and Guardians who propose patronising it, are respectfully requested to en ter their pupils as early (af ter the above date) as imiy suit their convenience. S. D. NYE HUTCHISON, Pricipal. N. B. Tiiition will be charged only from the date oi’ tiie scholar’s entrance; but no deduction will be made for altsence, (after entrance.) except in cases v>f protracti'd i;ulisj)osition. Charlotte, December 13, 1811. 11...3t ixr?-' Charlotte Journal, insert three weeks. SWALM’S CONTAINING the Statutes and Common Law of this State, together with the Decisions of the Supreme Court, and all the necessary forms and precedents. Inteiided as a conveinent Manual, and a safe guide to Executors, Administrators, Guardian.9, Ju ries anti Coinmi.ssioners ol’ various kinds appointed by the Cour!s, Clerks. Siierills, and other public of ficers. In short, it is intended for the benefit of all persons j)ublic or private, who are, or possibly may be interested in the management of the estates of deceased persons with the least trouble and expense possible, according to the laws now in force. For, bctivles the legal matter aboVe mentioned general ly, it embraces the kindred subjects of Wills of land and ])ersonal property, Legacies, Distributive shares of estates, Rules of Descent, Partitions of estates real and })ersotial among those entitled, Dower and other prov’ision tor W'idows, &c., &c. Among tiie Forms it contains, are—all the neces sary Legal process, WTills, Bonds, Oaths, Deeds, Bills of Sale, Leases, Forms of Account, Petitions, Ailidavits, Ailvertisernents, Commissions, Notices. W'rits, Returns, Reports, &c., &c.—in all, near a hundred in number. And is believed, by good jud ges, to be the largest, as well as the most practical and a])provcd collection of Forms now extant. This Jiook has just been publishetl. it contains 21s octavo pages, (same size as those of the ‘‘North Carolina Justice ”;) Aveli bound in law binding; and, in consequence of the scarcity of money, its well as to })lace it within the reach of every person, it is now ofl'ered for sale at the low price of !i>l 50 by re tail. Merchants and others who buy a quantity to sell again, caii have a reasonable reduction in the price. Apply at the Printing OlHce in Ashborough, Randolph County, N. C., or the Nortli Carolina Book Store in iltdeijh* BENJAMIN SW^AIM, Author and T^ropru'tnr. DecondiCr 8, ISU. 3iOtice. A SITUATION WANTED—as an English and Classical Teacher, in any good neighborhood in the uj^per country, by a graduate of the South Carolina C ollege. Applications to be addre.?sed to M., Ebenezerville, York District, S. C. Dec(*mber 15. 1811. 11...3t 1* O K T II Y From the Alexandria index, POLITICAL DEATH AND OF WHIG 1‘IPE- LAVEllS. A TAnODY OX THE BURIAL OK JOHN 5I00KE. Not a song was heard, nor a hard cider note, As oil' for Salt river they hurried, No Whi^f bawled out a farewell shouf. For they loooked most confoun'Iedly flurried, Tlieir halo of victory faded in night, In spite of their twisting and turniiijr. For the coon’s grease gave a misty light, In the log hut dimly burning. Deep sighs there camc from tl> strong ^Vhig’s breast, ’Twas office alone that bound him, Eiit now he lays like a sucker at rest, With his coon skins strewed around him. Few and short were the hurritd words they said, As they gazed on each other in sorrow, Hut solemnly said, now the big Hank is dead. Oh I where shall we go for to bororw '] They thought,'as they gazed on the pipe-lnycr’s bed, And tucked up his coon-skin pillow, That the fumes of hard eider were stdl in his head. And round their hats twined the green willow. Mournfully they talk of the pipe-layers gone, For staying at home they iip!»raid thorn. They’ll paj* them again, if th( y’ll only keep on. Laying pipe where before tliey have laid them. liut half of the ir pipe-laying task was donf, ^Vhen flooded from the tiold they’re retirinjr. And they know by the peal of the thundering gun, That the Locos are joyously firing. I^oj' cabin‘d, they are sullenly jndling them down, ’Tis easy, they’re built but one story; In the fumes of hard cider their troubles they’ll drown, I.et us leave them alone in their glory! I ! Comae, N. V., Dec. 1, 1341. 38...9W $5© Hewartl. STRAYED or STOLEN from the subscriber, at his residence on Rocky BluU' Swamp, Sumter District, S. Car olina, on Saturday the 19th instant, a dfirk sorrel HORSE, with three white feet, white i^nots on his back occasioned by the saddle, and a blaze facc. Also, a light b;w HORSE, with white saddle marks on his back. Both horses ride well. A Reward of FIFTY DOLLARS will be given for the apprehension of the thief, and any person delivering the horses to the subscriber will be suita bly rewarded. JAS. R. CHANDLER. December 2% ISH. 12. ENGLISH Scftcc!. p. s. IVEY Il Ji open a School in the immediate vicinity of tlu; Catiuvba Springs, Lincoln County, on Monday the 20th instant. The Studies will embrace all the branches requisite to qualify students for en tering CJollege. TERMS OF TUITION : English Elements and Arithmelic for ten mos. “^lO Entire Euirlish Department, 1-^ Classical and Mathematical do., 22 Stenography, to any iStndent dtsiring it, gratis. Jiiit no admission for less than half a iSesstott {ttco and a half rnonlhs) e.vd'pt on special agreement. The reputation of Mr. Ney a.s an instructor oi youth, is so well knowm in Western North Carolina, as to require no conunendation. As to his capacity and unwearied attention to the advancement of his pupils, reference may be nuide to most ol the lead- ng men ol’the adjoining counties. Students can obtain boarding at the Catawba Springs, (Thos. Hampton’s) on reasonable terms the distance from the Springs to the School being only one mile. Catawba Springs, Sept. 16, 1841. A few Good Things Tet, Air. Adams \vent in, took the floor and put forth all his strength in the delineations he had prepared, all aiming at the adoption af the army. He was ready to own the army, appoint a Commander, vote supplies, and pi-oceed to business. After his speech had been finished, some doubted, some objected and some i’eared. His warmth increased with the occa sion, and to all these doubts and hesitations, he re plied, ‘‘ Gentlemen, if this Congress will not adopt this army betbre ten m.oons have set, New England will adopt it. and she, she will undertake the strucrgle dione—yes, with a strong arm and a clear con science, she will front the foe single-handed.” This had the desired elfect. They saw New England was neither playing nor to be played with; they agreed to ap[*point a day,—the day was fixed. It came, Mr. Adams w’cnt in, took the lioor, urged the measure, and after debate it passed. The next thing was to get a Commander for this army, with supplies, &c. All looked to Mr. Adams on this occasion; and he was ready. He took the floor and went into a minute delineation of the char acter of General Ward, bestowing on him the epi thets which then belonged to no one else. At the end of this eulogy, he said, “but this is not the man I have chosen.” He then went info a delineation of the character of a Comrnander-iu- Chief, such as was required by the peculiar situation of the Colonies at that juncture. And after he had presented the qual ification in his strongest language, and given the reasons for the nominations he was about to make, he said,— “Gentlemen, I know these qualifications are high, but vve all know they arc needful at this crisis in this Chief; does ;>r.y one .say they arc not to be ob tained in the country ? 1 reply, they are, they reside in one of our owm body, and he is the person whom I now nominate, GiJORGK WaSHINGTOX, of VlIJGINlA.” Washington, who sat on Mr. Aiams’ rigiit hand, was looking him intently in the face, to watch the name he was about to announce; and not expecting it would be his own, he sprung from his seat the mo° ment he heard it^ and rushed into an adjoining room. Mr. Adams had asked his cousin Samuel to move for an adjournment as soon as the non’iination was made, in order to give the members time to delibe rate, and the result is before the world. among other questions, the of the success of the con- AND THE Proprietor of the ‘MJO COFFEK-HOUSE ” would inlorm his mm customers and the public generally, that THE Proprietor of the ‘M'ONCORD 3 C' his Stock of GROCERIES, and"f’ancy articles to tickle the palate, is yet quite full, and he respectfully invites all to give hun a call and be tlieir own judge. He would also state, that he expects in a short time to receive the most splendid and choice Stock of articles in his line ever brought to this region of country, uhen he will be fully prepared to please the tas^te of the most fastidious. F. R. ROUECHE. Concord, N. C., Dec. 28, 18U. 12...y TILLIAM HUNTER would inform his custo- T / mers and the public generally, that he still continues the BOOK-BINDING BUSINESS at his old stand, a few iloors south-east ot the Branch Mint He will be happy to receive orders in his line, and pledges liimself to spare no pains to give complete satisfaction. Orders left at his Shop, or at the Ollice oi’the Mecklenburg Jeli'ersonia!i,’‘ will receive immediate attention. [^Charlotte, jVIarcli o, 1811. “With Scissors sharp and Razor keen, Pll dress your hair and shave you clean.” Bnoiiai3ai*te, the Barber, ajsra RESPECTFULLY informs his customers, that he has removed his establishment to the east cnil of Col Alexander’^ Long Row, a few doors east of the Courtliouse, where he will be pleased to sec them at all times. He professes lO he master of the “ Tonsoriai Art,” aii^J will spare no el- lort to artbrdre eritl satisfacUon. Charges nio'lcratc, !o S’oit the times. [Charlotte. Mar-h 9, l?tl. From the Saturday Livening Post. GEN. W’ASHINGTON’S APPOINTMENT. ANKCDOTEa RELATED HY JOHN ADAMS. SEN. The following account of the appointnient of Gen eral Wa.-'hington to the supn'ine conmiand of the continental army, June IGth, 1775, lias been placed in ^ur luinds bv r**utlcinan >* ' A i the authenticity of the anecdotes he gives. This subject ha.=, of late year;?, been brought before the public under various versions, and has in every shape attracted attention. The account we now give is un extract from a private journal, narrating a conversation with John Adams, Senior, be lore that great and good man was called to his final rest. The relation is more in detail than that which has hitherto been made public, but it substantially cor roborates the former versions of the causes which led to the appointment of Washington. Lest we should in any* way affect the anecdote, we give it in the very words ol tlio narrator.—iTc/s. Po€t.^ The army was assembled at Cambridge, .Mass., under CJeneral W'ard. and Congress was sitting at Philadelphia. Every day new' applications in be half of the army arrived. The country wiue ur gent that Cjongress should legalise the raibing of The army; for until they had, it must be considered and was in law consiilered, only a mob, a band of armed rebels. The coimtry was placed in circum stances of peculiar delicacy and danger. The struggle had begun, and yet every thing was with out order. The great trial now’ seemed to Ik; in this question, Wlio should be commander in Chief? It was exceedingly important, anil was left to be the hinge on which the contcst miirht turn for or against us. TJie Southern and ^liddle Slates, warm and rapid in their zeal for the most part, were jealous of New England, because they f’elt that the real physical force w'as here; what, then, was to be done ? All New Pmgland adored Gen. W'ard; he had been in the French war ; and went out laden with laurels. He was a scholar and a gentleman. Every qualification seemed to cluster in him ; and it was confidently believed that the army could not re ceive any Command«*r over biin. What, then, w’as to be done I DitTiiailties thickened at every step.— The struggle w'as to be long and bloody. Without union all was lost. The country and the whole country must come in. One pulsation must^ beat through all hearts. The cnuse Avas one and the arm must be one. The members had talked, deba ted, considered, and guessed, and yet the decisive step had not been taken. At length Mr. Adams came to his conclusion. The means of developing it were somew'hat singular, and nearly as follows: He was walking one morning before Congress Hall, apparently in deep thought, when l«is cousin Sam uel Adams came up to liim and said, “What is the topic with you this inorning ?" “Oh the army, the army,’’ he replied. “I am de termined what to do about tl'.e army at C’ambri'dge. I am determined to go into the hall thi^ morning, and enter on a full detail of the state ot the Colo nies, in order to show tlie absolute nciul of taking some decisive steps. My whole cimi will be to in- tluce Congress to appoint a day for adopting the ar my as the legal army of these United Cokniies of^ North America; atul then to hint at my election ot a Conunander-in-Chief.” “W^ell,”said Samuel Adams. “I like tliat, cou sin John, but on whom have you fixed as this Com mander ?” “I will tell you—George W'^ashingion, of Virgin ia, a member of this House.” “Oh,” replied Samuel Adams, quickly, “that will never do, never, never.” “ It must do, it shall do,” sfii^ John, “ and lor these reasons; the Southern and Middle States arc both to enter heartily into tlxe cause, and their ar guments are potent; they sec that New” England holds, the physical power in her hands, and they fear the result. A New England army, a New En gland Commander, with New Eaglaml perseverance all united, appal them. For tlus cause they hang back. Now, the only course is. to allay their tears, and give them nothing to complain oi; and this can be done in no other way but by appointing a South ern Chief over this force ; then all wilt feel secure, then all will rush to the standard. Thi^ policy vyill blend us in one mass, and that mass will be resist less.” >i At this, Samuel Adams seemed grejitly moved. They talked over the prelimbury and John asked hi^ cousin to his motion.— I a.sked Mr. Adams following: “ Did you i:ever doubt flict ?” “No, no,-’ said he, “not for a moment. I expected to be hung and quartered, if T wa.s caught; but no niatter for that, my country would be free; I knew George the III. could not t’orge cfiaina long enou gh and strong enough to reach around these States.””’ ^Neio York.—The public debt of the Stiite of New York is somewhere in the neighborhood of twenty iiiiilions of dollars. The interest on this debt is sorncthing over a million of dollars. I'lic to tivo After paying the interest on the whole debt of the State, (sa}'?! the Albany Daily Advertiser), there is a surplus of orer a mil lion of dollars from the ca nal tolls, to be applied towards defraying the ex penses of superintendence, repairs, collections, &c., and to the prosecution of the vyork of enlarge ment.—Raleigh St a r. Gov. Cass has declined being a candidate for the Presidency, the nomination to which was tendered him by some persons in 1‘ennsylvania. The New ^'►Fiscal A^ent.” I. Skc. of Rep re^ ca in Con hereby is, In obedience to a Resolution of Congress, the Secretary of the Treasury, on the 21st ultimo, made a Report to that body accompanied by the follow ing plan of a Fiscal Agent—being the plan refer red to by the President in his Message at the open ing of the Session; A I3U amendatory of the several acts osta’ulishing the Treasury Dtparfni*,*)) r. e',i:ictcd the (ini liousc it-ulysc (>f t-he (Jniti' l StaSes of A:)i3ri- r,.ss ,rsjcri‘led, 'rhat there shall be, and rcattd and cst.tbiisiied in the Treasury nepartniLUt at the seat of the Government of the United States, a Board, to bo called the Exchequer of the United Slates, to be compos^-d of the Secre tary of the Treasuiy for the time being, the Trea surer of the United States for the time being, and three Commissioners, to be appointed by the Presi dent, with the advice and consent of the Senate; one of the said Commissioners fust appointed to be appointed for two years, one for four years, and one for SIX years, and vacancies subsequently occurring to bo so fllletf as that one Viicancy shall regularly occur at the end of every period of tw’o years; the said Commissioners not to be removed from office, except for physical inability, incompetency, or neg lect or violation of duty; and in case of any such removal, it shall be the duty of the 1‘resident to lay the reason therof before the Senate. And on the first organization of the Board, one of the three Commissioners shall, by the niembers thereof, be elected President, who shall hoid his office for t\vo years, when a new election shall be made| and, in like manner, a nev/ electiwi shall take place after wards at the end of each successive period of two years. An'l the Secretary of the Treasury shall have authority to appoint all such inferior officers as, ill the judgement of the Board, the transaction of its business may require—the amount of their respective compensations to be fixed by the Board, who may take bonds for the faithful discharge of their duty, for such sums, and in such manner, as the Secretary of the Treasury shall direct. And each of said Commissioners shall rcceive an annual salary of dollars. . Sec. 2. A.nd be tt fuvther cncicted, ihat the said Board of Exchequer shall have power to establish a^^encies or offices in such of the cities or towns of the States and Territories of the United States as it may judge expedient, not exceeding two in any State or Territory, and also wherever Congress may by law require the same to be established; and such officers and agents as may, by the Board of Exchequer, be thought necessary^ for the manage ment of such agencies, and the transaction of their business, shall be appointctl by the Secretary of the Treasury on the'' recommendation of the Board of Exchequer; and the said Board shall have power to fix the amount of the respective compensations of olTieers, and to provide regulations tor the government of such agencies, the t'ransaction of their business, and the rendering accounts of all their proceedings. And in such regulations thev shall so assign and arrange the duties of the officers of the said agencies as that one of those officers shall be a check and control upon the other, and for that purpose they shall require that the accounts and proceedings of each shall be entered in proper books. And any of the officers of the said agen cies may be removed by the Secretary of the Trea sury for physical inability, or incompetency, or neg- lect’or violation of duty, but it shall be his duty to state every removal of any principal officer of anr agency, with his reasons therefor, in his general annual report of the transactions of the Board of Exchequer. Sec. 3. And be it further cnactcd, That the said Exchequer and its. officers shall be the general agents of the Government of the United Stales for receiving, safekeeping, and disbursing the public moneys, and transferring and transmitting the same under the direction of the Secretary of the Treasu ry; and all public moneys received, from whatever sources, shall, under the same directions, be paid into the said Exchequer or its agencies; and the principal officers employed in such agencics shall give bonds to the United States for such amount and in such form as the Secretary of the Trearury shall prescribe for the faithful performance of their du ties. And the said Board of Exchequer and its se veral agencies shall pay all warrants, drafts, or or ders made thereon by the Treasurer of the United States, and by all disbursing officers and agents of the Government having authority to make such drafts or orders. And ev(‘ry such payment shall be made, at the option of the person entitled to re ceive it, in gold and silver coii: or in Treasury notes. Sec. 4. And he it farther cnactcd. That the said Exchequer and its officers shall perform the duties of Commissioners of liOans, in receiving subscrip tions, transferring stock, and paying dividends and interest thereon, under the directions of the Secreta ry of the Treasury, and shall render to the Trea surer ot the United States all necessary facilities for transferring and disbursing the public funds as shall be required by him, and shall perform all the duties of pension agents'under the regulations pre scribed by the Secretary of W’ar, and shall render and perform all other duties and services in relation to the collecting, keeping, and disbursing of the public funds as shall be prescribed by Jaw or by the Secretary of the Treasury. Sec. 5. A?ul he. it further enn.ri^d^ That it shall be lawful for the Exchequer at the seat of (Jovern- ment, and its several agencies, to rcceive on private deposite gold or silver coin or bullion, the property JirJd as in other cases of dt*|wr- rit3’-; and to issue certificates of the fact of sucTI'd^-’ posite having been naadc: which certificates shall always bo redeemed on presentation at the agency where issued. But the amount so deposited shall never exceed in the whole fifteen millions oi dollars to be distributed by the Board among its several agencies according to the extent of their business respectively; and for issuing such certificates no higher premium shall be demanded than shall be sufficient to indemnify against the hazard of loss and remunerate for the safekeeping the doposito, and in no instance to exce^ the one-half of one per cent. But paper issu«it;Jiy the Board atul its sever al agencics, whether in the form of bills or of cer tificates of deposite, shall be redeemable only at the place where issued, unless the Board siiall see cause to order otherwise. Sec. G. And be it'further enttcled. 'I'iiat it shall be the duty of the said Board of Exchequer, with in three months after its first organization, to estab lish such by-laws and rules of proceeding as it may judge expedient and proper for the regufation of its concerns, and the government of its agencies; and i copies of all existing by-laws and regulatiotis shall bo laid before Congrec;> every yera- ai its annual sesiion. Sec. T. And be It farther enacted, That thu Se cretary of the Treasury is hereby authoiizcil and directed to cause to be prepared Treasury note.-s o\' denominations not less than five dollars nor excecu- ing one thousand dollars, which notes shall be sign ed by the Treasuer of the United Stales and coun tersigned by the President of the Board of Exche quer, and made payable to the order of the princi pal agent at each agency, and shall be by him en dorsed when issued at such agency, and which notes shall be redeemable and shall be redeemed in gold and silver on demand, at the agency w'here is sued; and Treasury'- notes intended to be issued by the Board of Exchequer at the s^'at of Government shall be in like form, and shall be payable to the order of the commissioners, and shall bo endorsed by some one of them when issued, and shall be re deemable and redeemed at said Board, o« Jomnml in gold and silver ; and exact and perfect lists of all notes so signed shall be kept at the TreaiUi \, au'. ^ all Treasury notes issued under the authority of this act may, when redeemed, be re-issued by the- Board and its agencies respectively. Sec. 8. And be it fiirther enacted, That the amount of I’reasury notes issued and outstamling shall not at any one time, exceed the amount of fif teen millions of dollars, unless otherwise ordered or provided by law; and the Secretary of the Troasu- rv is authorised, from time to thue, on the applica- ry - . - . . tion of the Board of Exchequer, to furnish- for its owm use and that of its several agencies a suitable amount of such notes, to be used in the transaction of its business; and all dues to the United States, or any officer or departmant thereof, may be paid ul gold or silver coin, in Treasury notes issued under this act, or in the notes of banks which snail be im mediately convertible into specie at the p.ace where received. Sec. 9. And he it further enacted, ’I'hat the Board of Exchequer at the seat ol Oov.crument and each of its agencies shall settle weekly, or oftener, with all banks in their neighborhood whose paper they may have recived, and pay or collect, as the case may be, all balances between it and said banks; and no ‘individual shall be allowed at any time to stand as debtor to the Exchequer or any of its ageiij cies in account; and it shall be the duty of said Board of Exchequer, and each of it« several agen cies^ at all limes-, so ‘.f/ limit -its iss’ie? that its gokt
Mecklenburg Jeffersonian (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 4, 1842, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75