The Executive Departments of the United States At Washington Electronic Resourc

Cover The Executive Departments of the United States At Washington Electronic Resourc
The Executive Departments of the United States At Washington Electronic Resourc
Webster Elmes
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Besides the numerous accounts with individual depositaries, this division keeps an account showing all moneys deposited which have not passed into the Treasury by covering-in warrants.
3. 78. This division is also charged with the business pertaining to the designation of depositaries, and the ac- ceptance of proper security from such designated banks or depositaries for the public moneys authorized to be depos- ited with them. It also prepares for issue by the Secretary the necessary rules and
... regulations governing these depos- itaries in their receipt, safe-keeping, and prompt payment of the public moneys, and in their other business transac- tions with the Treasury ; and it gives direction to the offi- cers of Government, excepting postmasters, as to the time and manner of making their deposits with such deposita- ries, as well as all necessary instructions for enforcing DIVISION OF PUBLIC MONEYS. 131 speedy presentation of all Government drafts for payment at the place where they are payable.

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