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not receieved until a special messenger, Mr. Milton, was sent to Richmond, Virginia, with funds to pay the two transfer drafts in favor of the Bank of Virginia for one hundred thousand dollars each, and which payments have been made.
On the 9th June I addressed to you a letter, a copy of which I give below, and not having heard from you since, had supposed that the draft was withdrawn or suspended until the time mentioned in that letter.
I have to repeat that it will be a great accommodation to this bank to have the payment suspended, and hope that the indulgence asked will not be detrimental to the interests of the Treasury. An early answer is respectfully solicited.
I am, very respectfully, your obedient servant,
M. T. SCOTT, Cashier. Hon. Levi Woon Buny, Secretary of the Treasury.
The Asuny DFPARTMENT, August 28, 1837. SIR : I have to acknowledge the receipt of your letter of the 18th instant. It was the intention of this Department, as was notified to you on the 30th May, should the execution of the State transfer draft, in favor of the State of Virginia, prove too burdensome or inconvenient, in connexion with the transfer to the Bank of Virginia, to postpone, modify, or recall, the latter, which were then within the power of the Department. But over the State transfer drast this Department did not undertake to exercise any such control, and the period of its payment was fixed by law, and of course could not be postponed, excepting by the two depositories from and to which the payment was required to be made. It would give me great pleasure to afford you any accommodation, consistent with the public duties devolving on this Department, and I regret that I cannot with propriety direct the payment of the State transfer draft in question to be suspended or delayed, agreeably to your request. I am, sir, very respectfully, your obedient servant, LEVI WOODBURY, Secretary of the Treasury. To the CAshi En of Northern Bank of Kentucky, Lexington.
Office STATE BANK INDIANA, Madison, March 7, 1837. SIR : We have just paid to the Treasurer of Illinois nearly $33,000 in silver on Treasury warrant. This branch and the branch at Indianapolis have been compelled to pay a large amount of silver to the Northern Bank of Kentucky through transfer warrants: that bank has replenished her vaults with specie at our expense. This letter is not written in a spirit of complaint, but to request you as a favor to us (if convenient for you) not to draw on this branch in favor of the Treasurer of Illinois, -as the whole amount will be required in specie. Our specie has been down much latterly, and the deposites through the land offices are light, and likely to be more so. Very respectfully, your obedient servant, J. F. D. LANIER, President. Hon. Levi Woodhu Ry, Secretary of the Treasury.
Tnsasuny DEPARTMENT, March 16 1837. Sun: I have to acknowledge the receipt of your letter of the 7th instant, requesting me to issue no more transfer drafts upon your institution in favor of the State of Illinois.
Several days since, a transfer drast, payable on the 1st day of April next, in favor of the State of Illinois, upon your bank, was issued for the same amount as that for the first instalment to which you refer. Should the operations of these transfers prove too severe, it will afford me pleasure to give you all the relief in my power. The greater part, if not the whole, of the large sum of public money on deposite in your institution is required by law to be transferred to the States on or before the first day of October next. If it will prove any accommodation to you, the July instalment, payable to Indiana from your bank, may be increased, and that payable to Illinois placed upon some of the other branches of the State Bank of Indiana, or such other institution as may hereafter seem most proper. I am, very respectfully, your obedient servant, LEWI WOODBURY, Secretary of the Treasury. To the PR Esi pent of the B'h of the State B'k of Indiana at Madison.
Office SrAt E BANK INDIANA,
Sin : Yours of the 16th instant is received. We are obliged to you for the offer of paying a larger sum, 1st July, to Indiana, and none to Illinois at that time; will accept the offer, and make our arrangements accordingly.
On the 22d instant we paid the Treasurer of this State the warrant on us for upwards of $96,000, due 1st of April; the vouchers were not sent on in our last report, as the payment was made at Indianapolis, and they had not been received from there, but will be forwarded in next return.
The warrant on us to Illinois, due first of next month, shall be promptly met. It is of great advantage to us to be advised so long beforehand, as in case of the July payment to Indiana. It enables us to make arrangements for payment which under shorter notices could not be done.
Very respectfully, your obedient servant,
- J. F. D. LANIER, President.
Hon. LEv1 WooD RURY, **
Secretary of the Treasury.
Lawn ENceburg BRANch, &c. March 20, 1837. SIR : Yours of the 8th instant, advising of your direction of the issue of a transfer draft on us in favor of the State of Missouri, for $50,000, is received. A similar notice, dated 19th January last, was also received. Please state whether those notices refer to the same transfer drafts and, also, where payment is to be made. I am, sir, very respectfully, your obedient servant, E. D. JOHN, Cashier. Hon. LEv1 Woon Buny, Secretary of the Treasury.
Sin : In accordance with the general notice issued by this Department on the 1st of November last, a transfer draft was issued on your branch in favor of the State of Missouri, for $50,000, in part payment of the first instalment to be deposited with that State, and a transfer draft for a similar amount has been recently issued in part payment of the second instalment, both of which are to be paid at your branch.
It is presumed that the notices to which reference is made in your letter of the 8th instant, (probably an oversight for the 20th,) which came to hand to-day, apply to [25th Cong. 1st Sess.
- Deposite Banks.
these two payments, to be made to that State under the provisions of the deposite law. I am, very respectfully, your obedient servant, LEVI WOODBURY, Secretary of the Treasury. To Cashi ER of the Branch State Bank of Indiana, Lawrenceburg.
SIR : I this day received yours of the 11th instant, notifying me that a transfer draft has been directed upon this bank for the sum of $268,751 48, payable to the State of Indiana on the 1st of April next. I also received, per same mail, from the Treasurer of the United States, a transfer draft upon the branch at Lawrenceburg for $35,000, which when paid will make the balance to the credit of the Treasurer but $1,874 45 more than the amount this branch is under orders to transfer to Chillicothe, Ohio.
From the state of our account I presume some other bank must have been intended, and I hasten to call your attention to the subject. I believe it has been expected here that the payment of the second instalment of this States’ portion of the surplus revenue would, like the first, be made by the branches at Lawrenceburg, Madison, and New Albany. I am, respectfully, yours,
B. F. MORRIS, Cashier.
Hon. Levi Woonnu Ry,
N 16. TREAsuny DEPARTMENT, March 31, 1837. SIR : I have to acknowledge the receipt of your letter of the 21st instant ; and the expectation expressed therein that the second instalment of the deposite to be made with the State of Indiana, during the present year, would be drawn from the branches at Lawrenceburg, Madison, and New Albany, was correct. The notice to which you refer was inadvertently, by a clerical mistake, sent to your bank, and has not been followed, and will not be, by any transfer. I am, very respectfully, your obedient servant, LEVI WOODBURY, Secretary of the Treasury. The Cashion of the Branch of the State Bank, of Indiana, Indianapolis.
TREAs URY or THE UNITED STATEs,
SIR : In reply to so much of the resolution adopted by the House of Representatives on the 14th of September, 1837, as appertains to this office, I have the honor to enclose herewith, copies of letters numbered 1 to 11, which embrace all the correspondence of this office in relation to State transfer drafts, other than the ordinary letters of advice and transmission; statement in detail of discredited drafts on banks received in payment of Government dues, including a few subsequently directed to receivers, and paid by them ; statement of transfer drafts issued in favor of States, on account of the three first instalments under the deposite act of 23d June, 1836; and statement of State transfer drafts which have been protested as not paid by the banks on which they were drawn.
Very respectfully, your obedient servant,
JOHN CAMPBELL, Treasurer of the United States. Hon. Levi Woonhu Ry, Secretary of the Treasury.
Note.—The statements accompanying this letter were returned for additions, which were not completed until the 23d.
Takasunra's Office, Sept. 23, 1837.
25th Cong. 1st SEss.]
--- Amount of . Amount of - || Amount of Amount of No. e Axhos. drafts. instalments. | No. B.A. Niks. drafts. instalments. NEW HAMPSHIRE–Continued. CONNECTICUT-Continued. 77 On Mechanics' Bank, do. - || $12,000 00 175 On Far. & Mechanscs' B'k, Hartf'd $59,800 20 78 Merchants' Bank, Boston - 29,000 00 176 Mechanics' Bank, New Haven | 100,000 00 7. Commonwealth Bank, do. - || 10,000 00 177 Quinebaug Bank, Norwich - 20,000 00 80 Fulton Bank, do. - || 10,000 00 17S Lasayette Bank, New York | 15,000 00 81 Hancock Bank, do. - 10,000 00 179 Bank of America, do. - 20,000 00 Franklin Bank, do. - 5,000 00 180 Manhattan ony do. - 20,000 00 223,028 93 | 181 Mechanics' Bank, do. - || 20,000 00 165 Commercial Bank, Portsmouth 23,028 93 166 New Hampshire Bank, do. - 33,000 00 343 Mechanics' Bank, New Haven 150,000 00 254,890 20 167 Piscataqua Bank, do. - || 63,000 00 344 §§§ Bank, Norwich - || 25,000 00 168 Portsmouth Bank, do. . . 19,000 00 345 ank of America, New York || 24,890 20 169 Merrimack Co. Bank, Concord 20,000 00 346 Manhattan Company, do. - || 20,000 00 170 Mechanics' Bank, o, - 19,000 00 7. Mechanics' Bank, 0. - 20,000 00 171 Merchants' Bank, Boston - 26,000 00 348 Lafayette Bank, du. - || 15,000 00 172 Commonwealth Bank, do. - 10, 00 00 173 Fulton Bank, do. - 5,000 00 254,890 20 174 Hancock Bank, do. - 5,000 00 Total - - - - -223,028 93 $764,670 60 Commercial Bank, Portsmouth 30,028 93 RHODE ISLAND. --2S9 New Hampshire Bank, do. - || B5,000 00 36 On Araade Bank, Providence - || 78,445 10 290 Piscataqua Bank, do. - || 100,000 00 37 R. Island Union B'k, Newport | 49,000 00 291 Portsnouth Bank, do. - 23,000 00 $127,445 10 292 Merrimack Co. Bank, Concord 5,000 00 100 Arcade Bank, Providence - 78,445 10 293 Mechanics' Bank, do. - 10,000 00 107 R. Island Union B'k, Newport | 49,000 00 223,028 93 - 127,445 10 ——— 309 Bank of America, New York - || 50,000 00 Total - - - - $669,086 79 310 Arcade Bank, Providence - || 67,445 10 F | 311 R. Island Union B'k, Newport | 10,000 00 MASSACHUSETTS. 127,445 10 83 || On Merchants' Bank, Boston - 226,057 86 -84 Commonwealth Bani, do. - 55,000 00 Total - - - $3S2,335 30 85 Fulton Bank, do. -- 65,000 00 86 Hancock Bank, do. - 65,000 00 NEW YORK. 87 Franklin Bank do. - 17,500 00 48 || On Mech. & Farm. Bank, Alban ,000 88 Phoenix Bank, Čharlestown . 17,500 00 49 Manhattan Company, N. § 180,000 -- 446,057 SG 50 Bank of America. do. 180,000 10S Merchants' Bank, Boston - 226,057 SG 51 Mechanics' Bank, do. 200,000 109 Commonwealth Bank, do. - || 55,000 00 52 Seventh Ward Bank, do. 53,173 57 110 Fulton Bank, do. - || 65,000 00 53 Phoenix Bank, do. 130,000 111 Hancock Bank, do. - || 65,000 00 54 Leather Man. Bank, do. 85,000 112 Franklin Bank do. - 17,500 00 55 Merchants' Bank, do. 155,000 ii.3 || Phoenix Bono, bharlestown . io & 56 Union Bank, do. 105,000 446,057 86 57 National Bank, do. 75,000 303 Merchants' Bank, Boston - || 110,000 00 58 Bank of Troy, at Troy - . 25,000 304 Commonwealth Bank, do. - 057 59 Merch. Exchange Bank, N. Y. 45,000 305 Fulton Bank, do. - || 110,000 00 60 Dry Dock Bank, do. 5,000 306 Hancock Bank, do - 55,000 00 1,338,173 57 307 Franklin Bank, do. - || 36,000 00 191 Mech. and Farm. B'k, Alban 80,000 3.18 Phoenix Bank, do. - || 17,000 00 192 Manhattan company, N.York | 1so 315 Mechanics' Bank do. . 30,000 00 193 Bank of America, do. - || 180,000 446,057 86 194 Mechanics' Bank, do. - || 200,000 - 195 Seventh Ward Bank, do. - || 53,173 57 Total - - - - $1,338,173 58 196 Phoenix Bank, do. - || 70,000 F | 197 Leather Man. Bank, do. - || 85,000 VERMONT. 198 Merchants' Bank, do. - . 155,000 1 || On Bank of Burlinguon - - 30,000 00 199 Union Bank, do. . . 105,000 2 Bank of Windsor - - 20,000 00 200 National Bank do. - || 75,000 29 Tradesmens' Bank, New York | 18,000 00 201 Troy Bank at Troy do. - || 25,000 30 Bank of Troy, Troy - - 15,000 00 202 Dry Dock Bank, do. - || 25,000 31 Union Bank, New York 28,000 00 203 Merch. Exchange Bank, do. - || 45,000 32 Seventh Ward Bank, do. - || 35,000 00 204 Brooklyn Bank at Brooklyn 30,000 33 Merchants' Bank, do. - || 25,000 00 205 Commercial Bank at Buffalo - || 30,000 34 Phoenix Bank, do. 37,028 93 1,338,173 57 35 Merch. Exchange Bank, do. 15,000 00 330 Manhattan ony, N. York 240,000 223,028 93 331 Mechanics' Bank, do. - 270,000 182 Bank of Burlington - - || 30,000 00 332 Bank of America, do. - 000 183 Bank of Windsor - - 20,000 00 333 Seventh Ward Bank, do. 53,173 57 184 Bank of Troy New York 15,000 00 334 Lafayette Bank, do. - || 40,000 185 Tradesmens Bank, do. - | 18,000 00 335 Leather Man. Bank, do. - || 80,000 186 Union Bank, o. . . 28,000 00 336 Merchants' Bank, do. - 100,000 187 Seventh Ward Bank, do. - || 35,000 00 337 Union Bank, do. . 75,000 188 Merchants' Bank, do. - 25,000 00 333 National Bank, do. - || 75,000 189 Phoenix Bank, do. . . 37,028 00 339 Dry Dock Company, do. - 40,000 190 Merch. Exchange Bank, do. - || 15,000 00 340 Merch. Exchange Bank, do. . 35,000 223,028 93 || 341 Brooklyn Bank at Brooklyn". 294 Bank of Burlington - 40,000 00 342 Commercial Bank at B.o. - || 40,000 295 Bank of Windsor - - 10,000 00 1,338,173 57 396 Bank of Troy New York 15,000 00 297 Tradesmens' Bank, - - 18,000 00 Tutal - - - $4,014,520 71 ; §: #Wła B do. - || 28,000 00 _* or oro-- " event ard Bank, do - || 35,000 00 NEW JERSEY. 300 Merchants' Bank, do. - || 25,000 00 38 || On Trenton Banking Company - 35,000 301 Merch. Exchange Bank, do. - || 15,000 00 39 State Bank at Newark . - 45,000 302 Phaenix Bank, do. - || 37,028 93 40 State Bank at Elizabeth - 45,000 223,028 93 || 41 Lafayette Bank at New York . . 28,000 - || 42 Tradesmen's Bank, do. - || 35,000 Total - - - - $669,086 79 || 43 Merchants' Bank, do. . . 66,890 20 - 254,890 20 CONNECTICUT. Trenton Banking Company - || 25,000 44 On Mechanics' Bank, New Haven | 120,000 00 - 207 State Bank at Newark - - || 85, 45 uinebaug Bank, Norwich - || 35,000 oo 20S State Bank at Elizabeth - || 35,000 46 arm. & Mech. Bank, Hartford 99.890 20 209 Lafayette Bank at New York - || 28,000 254,890 20 * No. 341 cancelled and added to No. 330,
- Amount of . Amount of
Bank of Illinois, draft No. 64, for - - $15,000 00
32,153 to 32, 153 19