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sorney Ge• vernment, their aslıstants and clerks," and to neral;

the Attorney General by the “ Act for allow. ing 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. 11. And be it further enacted, That the Secretary Secretary of the Treasury be authorized to of the Treasury have two principal clerks, each of whom to allowed ? have a salary of eight hundred dollars per anprincipal clerks. num; and that the falary of the chief clerk of

the department of war, be at the rate of eight

hundred dollars per year. . . Sec. 12. And be it further enacted, That riction the restriction on the clerks of the departon his clerks as to ment of the treasury, so far as respects the car

ing rying on of any trade or business, other than on trade abolished; in the funds, or debts of the United States or to the funds

tas of any state, or in any kind of public proper. extended ty, be abolilhed, and that such restriction, fa nue ofli:

es far as respects the funds or debts of the United eers, &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 prePrivilege of fcribed in the eighth section of the act, intitled, franking An act to establish the treasury department," extended

commif- and the provisions relative to the officers in the fioucr of treasury department, contained in the c Act

to establish the post office and post roads,"

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fhall 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 :

GEORGE WASHINGTON,

President of the United States,

CHAPTER XXXVIII.

At supplementary to the Aet making Prae
vision for the Debt of the United States.,

bed domer,

extended

Sec, 1. D E it enacted by the Senate and

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, receiv

Los on loan the which hath not been subscribed pursuant to unsubscrithe terms proposed in the act, intitled, “ An bed

tic debt of act making provision for the debt of the Uni- u. States ted States," shall be, and it is hereby extend- exten ed, 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 farther subscrip- Subscrip;

tion books tions, shall be opened at the treasury of the to be opene United States, and by the commissioners of ed. loans, in each of the said states, on the first vlay of June next, which shall continue open until the said first day of March next incluAvely; for which purpose, the said commia

116 ] fioners, refpectively, are hereby invested with the like powers, and required to perform the like duties, as in and by the said act is directed.

Sec. 2. And be it further enacted, That Interelt to non fub- such of the creditors of the United States, as fcribing

have not subscribed and fhall not subscribe to creditors:

the said loan, shall nevertheless receive a rate per centum on the amount of so much of their respective demands, as well for intereft as principal, as, on or before 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 fame

times and places, and by the same persons, as

- in and by the faid act is directed. Term for Sec. 3. And be it further enacted, That the receiving term for receiving upon loan that part of the extended.

's debts of the respective ftates, which hath not

been subicribed pursuant to the terms proposed in the act aforesaid, shall be, and it is here. by enlarged on the fame terms, as in and by the said act is provided, until the first day of March one thousand feven hundred and ninety

three inclusively; for which purpose, book's fubícrip shall be opened at the treasury of the United tion books States, and by the commissioners of loans in to be open

each of the said states, on the first day of June next, which shall continue open until the firit day of March, one thousand feven hundred and ninety three inclusively; for which pur, poses the said commilioners are hereby invested with the like powers, and required to perform the like duties, as, in and by the faid act, is directed.

Sec. 4. Provided always, and be it further enacted, That the commissioner of loans for

state

ed.

North-Carolina shall not be allowed to receive Certain

certificates any certificate issued by Patrick Travers, com- of N. Caro. millioner of Cumberland county, or by the lina exclu

ded. commissioners of army accounts at Warrenton. Sec. 5. And whereas the United States are Debt due

to certain indebted to certain foreign officers, on ac- foreign of. count of pay and services during the late war, ficers, Pree

fident to the interest whereof, pursuant to the certifi. cause to be cates granted to the said officers by virtue of a paid. resolution of the United States in Congress affembled, is payable at the house of

Grand, banker, at Paris, and it is ex. pedient to discharge the same; Be it therefore enacted, That the President of the United States be, and he hereby is authorized to cause to be discharged the principal and interest of the faid debt, out 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 {aid act, authorized to be borrowed.

Sec. 6. And be it further enacted, That the Certainty President of the Senate, the Chief Justice, the persons ap

pointed Secretary of State, the Secretary of the Trea- conniti. sury, and the Attorney General, for the time oners to

purchase being, shall be coinmissioners, who, or any debt of the three of whom, are hereby authorized, with ". the approbation of the President of the United Siates, to purchase the debt of the United States, at its market price, if not exceeding the par or true value thereof; for which purchase the interest on so much of the public debt, as has already been, or may hereafter be purchased for ihe United States, or as shall be paid into the treasury, and so much of the monies appropriated for the payment of the in

U. S.

&c.

118 ] terest on the foreign and domestic debt, as Thall exceed what may be sufficient for the pay. ment 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 eftafund, cree- blish a fund for the gradual reduction of the ted for the purpole public debt; Be it further enacted, That the

interest on so much of the debt of the United States, as has been or shall be purchased or re: deemed for or by the United States, or as shall be paid into the treasury thereof in satisfaction of any debt or demand, and the surplus of any sum or sums appropriated for the payment of the interest upon the faid 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 redemphow to 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 provifions which may be made by law, shall be equal

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