y TREASURY DEPARTMENT, May l5, ls36

WHERE NOW IS THE TREASURY
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While this government was administered according to the Constitution the Treasury was Tn the Bank ot the United States-and no loss, damage, or derange- mcnt occurred or was sustained by the people Tn ther finances, during that period. Under the "experiment" the Treasury was scat tered among some dozens of different banks indepen- dent and jealous of each other without the will appa- renty or the means of mutual cooperation tor the public good -. The consequences of that precious experiment we now see around us in universal suspension ot specie payments and that has led to the latest "experl- ment," which will be understood by the following or iers-the effect of which is, place the Treasury in the brooches pockets o some ten or t,DeLUe ousand de. putv Postnaasters and Collectors ofthe ReUenue Oh the wisdom and the honesty of Jackson Van B"- renism.-N. Y. Er.

 The Washington Globe received yesterday morning contains the following circular:

 To the Collectors of the Customs

 fthe Bank where you deposte should suspend spe- cie payment, you win, yourself collect and keep safely in your hands, the public money for all duties at your port, until further directions are given to you from this Department how to dispose, transfer or pay it. You must of course continue to adhere to the kind of money receivable for customs, and by which 1t IS understood be your duty require payments to be made in specie, or the notes of specie-paying Banks that are at par. [Sgned] LEVI WooDBURy,

 Secretary of the Treasury. Treasury Department, May l2, lS37