A Compilation of the Messages and Papers of the Presidents - Volume 5, part 3: Franklin Pierce by James D. (James Daniel) Richardson
page 15 of 440 (03%)
page 15 of 440 (03%)
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the settlement of the territorial controversies between the States and
Governments bordering on the river San Juan, I transmit a report from the Secretary of State and the documents by which it was accompanied. FRANKLIN PIERCE. WASHINGTON, _March 21, 1853_. _To the Senate_: The eleventh article of the treaty with the Chickasaw Indians of the 20th October, 1832, provides that certain moneys arising from the sales of the lands ceded by that treaty shall be laid out under the direction of the President of the United States, by and with the advice and consent of the Senate, in such safe and valuable stock as he may approve of, for the benefit of the Chickasaw Nation. The report of the Secretary of the Treasury of the 15th instant, herewith transmitted, shows that the sum of $58,100 5 per cent stock, created under the act of 3d March, 1843, now stands on the books of the Treasury in the name of the Secretary of the Treasury, as trustee for the Chickasaw national fund. This stock, by the terms of its issue, is redeemable on the 1st July next, when interest thereon will cease. It therefore becomes my duty to lay before the Senate the subject of reinvesting this amount under the same trust. The second section of the act of 11th September, 1841 (the first section |
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