TWENTY-SIXTH CONGRESS, 1839-1841. 



215 



letters to ?uch persons in the principal cities as were supposed to have stocks for sale, 

 notifying them of the fact and allowing time to receive their offers, after which a 

 contract was made for such as were offered on terms found to be most advantageous 

 for the trust, having regard, in determining that fact, to the interest the stock yielded 

 and the length of time before its maturity. The price given, the par value, the rate 

 of interest, and the authority for each purchase will appear in the tables annexed. 



In respect to the security for the payment of the interest and principal of the 

 stocks, none other was asked beyond the guaranty of the respective States in the acts 

 authorizing the issue of the stocks. 



I am, respectfully, your obedient servant, 



LEVI WOODBURY, 

 Secretary of the Treasury. 

 Hon. R. M. T. HCNTER, 



Speaker of the House of Representatives. 



Statement of the moneys invested in State stocks neld in trust by the Treasury Department, 

 showing the time of the respective investments, amount invested in the stocks of each Stale, 

 rate of interest on bonds in each contract, rale at which stock was purchased, and authority 

 by which each investment was made, etc. 



Authority by which the investments were made. Act of July 7, 1838, authorizing the investment of the 

 Smithsonian bequest. 



Security received for the payment of interest and principal of each debt. Guaranty of the State. f 

 Market price at the time of purchase. No means of ascertaining accurately. 

 Market price at the present time. No means of ascertaining accurately. 



TREASURY DEPARTMENT, March 16, 1840. 



March 23, 1840 House. 



Mr. JAMES MONROE, of New York, moved resolution, which was 

 read and laid on the table one day: 



Resolved, That 5,000 additional copies of the report on the Smithsonian bequest 

 be published for the use of the members of this House. 



Mr. GEORGE W. TOLAND moved that 4,000 extra copies of the report 

 of the select committee on the Smithsonian bequest be printed for the 

 use of the members. 



February 10, 1841 Senate. 



Mr. LINN presented bill (S. 245) to appoint trustees for the invest- 

 ment of the Smithsonian fund: 



Be it enacted, etc., That the Secretaries of the State, the Treasury, the War, and the 

 Navy Departments, the Attorney -General, and the Postmaster-General, be, and they 



