Page:United States Statutes at Large Volume 1.djvu/732

 pledged to make good any deficiency: Provided, that the interest to be allowed for such loan, shall not exceed six per centum per annum; and that the principal shall be reimbursed at the pleasure of the United States.

, July 16, 1798.

. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there shall be in the department of the navy, an officer to be denominated accountant of the navy, who shall be charged with the settlement of all accounts for monies advanced and stores issued or distributed by or under the direction of the Secretary of the Navy, and who shall report from time to time, all such settlements as shall have been made by him for money advanced or issued, for the inspection and revision of the accounting officers of the treasury. And the compensation of the said accountant shall be a yearly salary of one thousand six hundred dollars. And all letters and packages to and from said accountant by mail, shall be free of postage.

. And be it further enacted, That the treasurer of the United States shall disburse all such money as shall have been previously ordered for the use of the department of the navy, by warrants from the treasury, which disbursements shall be made pursuant to warrants from the Secretary of the Navy, countersigned by the accountant.

. And be it further enacted, That all purchases and contracts for supplies or services for the military and naval service of the United States, shall be made by or under the direction of the chief officers of the departments of war and the navy respectively, and all agents or contractors for supplies or services as aforesaid, shall render their accounts for settlement to the accountant of the proper department for which such supplies or services are required, subject nevertheless to the inspection and revision of the officers of the treasury in manner before prescribed.

. And be it further enacted, That it shall be the duty of the purveyor of public supplies, to execute all such orders as he may, from time to time, receive from the Secretary of War or Secretary of the Navy, relative to the procuring and providing of all kinds of stores and supplies; and shall render his accounts relative thereto to the accountants of the proper departments, which accounts shall be subject to the inspection and revision of the officers of the treasury as aforesaid.

. And be it further enacted, That the provisions of the act passed on the eighth day of May, one thousand seven hundred and pealed. ninety-two, intituled “,” and the act passed on the twenty-third day of February, one thousand seven hundred and ninety-five, intituled “,” so far as the same are repugnant to the provisions of this act, be and the same are hereby repealed.

. And be it further enacted, That all contracts to be made, by virtue of this act, or of any law of the United States, and requiring the advance of money, or to be in any manner connected with the settlement of public accounts, shall be deposited in the office of the Comptroller of the Treasury of the United States, within ninety days after their dates, respectively.

, July 16, 1798.