A Compilation of the Messages and Papers of the Presidents - Volume 5, part 3: Franklin Pierce by James D. (James Daniel) Richardson
page 16 of 440 (03%)
page 16 of 440 (03%)
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of which repeals the provisions of the act of 7th July, 1838, directing
the investment of the Smithsonian fund in the stocks of the States), enacts that "all other funds held in trust by the United States, and the annual interest accruing thereon, when not otherwise required by treaty, shall in like manner be invested in stocks of the United States bearing a like rate of interest." I submit to the Senate whether it will advise and consent that the Secretary of the Treasury be authorized, under my direction, to reinvest the above-mentioned sum of $58,100 in stocks of the United States under the same trust. FRANKLIN PIERCE. WASHINGTON, _March 21, 1853_. _To the Senate of the United States_: In answer to the resolution of the Senate of the 18th of January last, calling for further correspondence touching the revolution in France of December, 1851, I transmit a report from the Secretary of State and the documents by which it was accompanied. FRANKLIN PIERCE. EXECUTIVE CHAMBER, _March 25, 1853_. |
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