TWENTY-EIGHTH CONGRESS, 1843-45. 267 



fourth section of the act of 4th September, 1841 ; there 

 being no other means by which the department could com- 

 pel the payment of interest then in arrear. 



The resolution also requires to be reported " by whose 

 agency the said investments were made, with copies of any 

 correspondence of the Treasurj^ Department with such 

 agents relating thereto." 



In reply to this, I have the honor to state that it does not 

 appear that any agent was ever appointed to make these in- 

 vestments. The correspondence in relation to the purchase 

 of State stocks, for the fund, appears to have been princi- 

 pally with stock-brokers ; and copies are annexed, marked 

 from D No. 1, to D No. 63. 



I have the honor to be, very respectfully, your obedient 

 servant, 



J. C. Spencer, 

 Secretary of the Treasury. 



Hon. J. W. Jones, 



Speaker of the House of Representatives. 



