OCR Text |
Show Tue Poor Treasury O Ulctnls Washington, 16. The register of the treasury yesterday applied to the treasurer to subscribe in hia individual individ-ual behalf for 1,000 bonds of the new 4 per cent, loan, but it was ruled that this officer could not purchase a bond under the section of the revised Blat-ules Blat-ules which provides that no person' appointed to the office of secretary ol the treasury, first comptroller, first auditor, register or treasurer, should be concerned in the purchase or disposal dis-posal of any public securities of the United States. Another section makes it a misdemeanor for any clerk lo carry on any. trade or business busi-ness in the funds of the United States. The act in question is in an old statute stat-ute ot 17S9, in the original organization organiza-tion of the treasury department, and lias heretofore either been disregarded I or misconstrued into the prosecution of business ha state or United States bonds. |