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Harper's Encyclopedia of United States History (ed. Benson Lossing), Sub-Treasury, the (search)
the Senate to overcome the Democratic majority in the House, and to defeat any effort to renew the sub-treasury system. For five years, therefore, after the repeal of the subtreasury act, the treasury was managed practically at the discretion of the Secretary and without special regulations by law. The election of James K. Polk brought in a Congress largely Democratic in both branches. In 1846 a bill was introduced to renew the sub-treasury system. It passed both Houses, and became a law Aug. 6. This act was practically the same as that of July 4, 1840, and has since remained in force with but little change. On Feb. 25, 1863, the act creating a system of national banks became a law. This authorized the Secretary of the Treasury to make specified depositories of the public moneys, except receipts from customs. The original sub-treasury acts provided for seven places of deposit-New York, Boston, Charleston, St. Louis, the mints at Philadelphia and St. Louis, and the treasury at
Harper's Encyclopedia of United States History (ed. Benson Lossing), New Jersey, (search)
nd Company......1677 Ship Shields, from Hull, the first ship to ascend the Delaware to Burlington, bringing settlers......Dec. 10, 1678 Sir George Carteret, proprietor of east Jersey, dies......1679 Sir Edmund Andros claims the government of New Jersey, which repudiates his authority......June 2, 1680 Duke of York having submitted the claim of governmental power in New Jersey to a commission, which decides against Andros, he makes a second grant of west Jersey to the proprietors, Aug. 6, and of east Jersey......Sept. 6, 1680 Vicinity of Trenton settled by Phineas Pemberton......1680 First Assembly meets at Burlington and organizes a government, with Samuel Jennings as deputy governor......Nov. 25, 1681 Carteret's heirs sell east Jersey to a company of proprietors, including William Penn and eleven others......Feb. 1-2, 1682 Penn Company, now increased to twenty-four proprietors, secure a new conveyance of east Jersey from the Duke of York, with full powers of go
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