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anored according to Act of Congress, in the year 1875, by

CHARLES W. SKVER,
Lo the Office of the Librarian of Congress, at Washington.

JAN 11 1914

UNIVERSITY PRESS :
JOHN WILSON & Son, CAMBRIDGE.

PREFATORY NOTE.

This compilation has been made for the purpose of bringing the recent legislation of the United States on the subjects of Currency and Finance within the easy reach of students of political economy. The compiler has selected the leading Acts of Congress which are necessary for an understanding of our financial history since 1860; and has sought, by the omission of such parts as seemed unimportant for the present object and by the condensation of others, to bring into stronger relief the provisions which determine the character of the legislation. Presented thus in their chronological relation, the acts and resolutions of Congress are, it is believed, the best guide in studying the grave economical questions which have come up in the United States during the last fourteen years.

D. HARVARD COLLEGE, March, 1875.

LEGISLATION

ON

CURRENCY AND FINANCE.

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L... August, 1846. - An Act to provide for the better Organiza

tion of the Treasury, and for the Collection, Safe-keeping,

Transfer, and Disbursement of the public Revenue. Whereas, by the fourth section of the act entitled “ An Act to

establish the Treasury Department," approved September two, seventeen hundred and eighty-nine, it was provided that it should be the duty of the Treasurer to receive and keep the moneys of the United States, and to disburse the same upon warrants drawn by the Secretary of the Treasury, countersigned by the Comptroller, and recorded by the Register, and not otherwise ; and whereas it is found necessary to make further provisions to enable the Treasurer the better to carry into effect the intent of the said section in relation to the receiving and disbursing the moneys of the United States : Therefore,

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the rooms prepared and provided in the new treasury building at the seat of government for the use of the Treasurer of the United States, his assistants and clerks, and occupied by them, and also the fire-proof vaults and safes erected in said rooms for the keeping of the public moneys in the possession and under the immediate control of said Treasurer, and such other apartments as are provided for in this act as places of deposit of the public money, are hereby constituted and declared to be the Treasury

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